Remove 2009 Remove Appraisal Process Remove Modernization Remove Mortgage Appraisal
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Like it or not, desktop appraisals are here to stay

Housing Wire

Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal. A Fannie Mae spokesperson said that appraisal modernization and digitization, and specifically the launch of desktop appraisals, can offer different career opportunities for a new generation of appraisers.

Appraisal 363
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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

It sent shockwaves through the AMC-types because, in my view, it effectively destroyed their ability to hide how much they are gouging the consumer and how little the appraiser gets from the actual "appraisal fee" (typically less than half). This is why we need consumer protection in the mortgage business.

Law 367