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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). OK, so who exactly decided the value should be HIGHER than what the appraiser reported, before an appraisal was ordered? The GSE’s have similar policies.

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Appraiser Salaries

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M dual-sided aquarium is right at home between the kitchen and great room. The 900 sq.ft.