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Is A Convicted Felon Inspecting Your Home?

Town & Country Residential Appraisals

In recent years, Fannie Mae has been working towards what they call Valuation Modernization. The lender uses this property data in conjunction with valuation models to determine if a traditional appraisal is needed. For example, did you know that these property inspectors have no oversight or regulations as of right now?

article thumbnail

Is A Convicted Felon Inspecting Your Home?

Town & Country Residential Appraisals

In recent years, Fannie Mae has been working towards what they call Valuation Modernization. The lender uses this property data in conjunction with valuation models to determine if a traditional appraisal is needed. For example, did you know that these property inspectors have no oversight or regulations as of right now?

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

GSEs (Government Sponsored Enterprises, including Fannie Mae and Freddie Mac), in their current modernization initiatives, are piloting instituting these types of “bifurcated” data-collection processes. The separation of the inspection process from the valuation process could lead to appraisers gaining competency in various areas.