2008 Change?

Discussion in 'Fannie Mae, Freddie Mac, USPAP' started by alex gilbert, Sep 28, 2007.

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  1. alex gilbert

    alex gilbert Member

    0
    Feb 21, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    I recently saw a reference to some revision of Advisory Opinion 2 in the 2008 USPAP. I've gone through all the exposure drafts and summary of actions from the ASB that I have but don't see anything about changing AO-2. Has anyone heard if there are any changes to this AO in the works?
     
  2. Michael Tipton

    Michael Tipton Senior Member

    0
    Sep 25, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    Florida
  3. Terrel L. Shields

    Terrel L. Shields Elite Member

    62
    May 2, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Arkansas
    The idea that 2 people cannot work on an appraisal except in some sort of Master-slave relationship is absurd. I doubt this is much of an improvement.

    USPAP has about as much to do with ad Valorem appraising as Bumble bees do with supersonic air flight.
    ------
    A tale told by an idiot. Full of sound and fury and signifying nothing. - Shakespeare​
     
  4. Mark to market

    Mark to market Junior Member

    0
    Nov 14, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    New Mexico
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