Appraiserblogs

OCTOBER 16, 2023

At the heart of Fannie Mae’s valuation system is a tool that shunts a subset of the millions of loans purchased by the mortgage giant each year into a “high risk” pool. Fannie then pressures and incentivizes a corps of in-house analysts to create further doubt about the loans in order to send repurchase demands to lenders for up to.

Valuation 144

Valuation Appraisal Tools Lending 144

Appraiserblogs

OCTOBER 1, 2022

You feel like Fannie Mae is simply trying to get rid of appraisers. A lot of appraisers feel that way… “Even amidst tragedy there is sometimes farce,” wrote author Daniel Prokop. Fannie apparently deems them now too risky for its portfolio. Fannie apparently deems them now too risky for its portfolio.

Appraisal 134

Appraisal Mortgage Valuation 134

Appraiserblogs

OCTOBER 12, 2022

The government wants to move to a fully automated appraisal format, and the more that they can dirty the narrative in their favor, the quicker they get to their objective… This just in: In a recent memo, the CFPB wants you to know that if you are buying a home, that you can contest your appraisal. A lot of appraisers feel that way.….

Government 130

Government Appraisal Valuation Development 130