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ASA Concerned About the Expansion of FNMA Appraisal Waiver Program

Appraiserblogs

In response to the Federal Housing Finance Agency’s (FHFA) decision to allow Fannie Mae to expand its appraisal waiver program, the American Society of Appraisers (ASA) has released an op-ed by ASA’s Strategic Partnership Officer, John D. The End of Appraisers?

Appraisal 131
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FNMA Property Data Collectors Program Violates WV Law

Appraiserblogs

The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act.

Law 147
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Canadian Banks Will Exploit Gutted U.S. Mortgage Underwriting

Appraiserblogs

Canadian banks see the newly dismantled underwriting safeguards and risk-shedding experiments at Fannie and Freddie as a way to keep the party going, with the risk passed along to the U.S. As mortgage giants Fannie and Freddie bend the… The post Canadian Banks Will Exploit Gutted U.S. taxpayer directly… Canada’s banks are in trouble.

Mortgage 108
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Appraising Fixer Uppers

Appraisal Today

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. The rest of the post is a very good case study To read more, click here My comments: I have appraised many fixer-uppers.