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Home appraisal system could be dustbin-bound

Discussion in 'Fannie Mae, Freddie Mac, USPAP' started by Winston Wolf, Oct 30, 2009.

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  1. Winston Wolf

    Winston Wolf Member

    0
    Jul 4, 2009
    Professional Status:
    Certified Residential Appraiser
    State:
    Maryland
    http://www.washingtonpost.com/wp-dyn/content/article/2009/10/29/AR2009102905139.html

     
  2. Tom Watson

    Tom Watson Sophomore Member

    0
    Oct 11, 2009
    Professional Status:
    Appraiser Trainee
    State:
    Oregon
    Nice find Winston! I like the Washington Post writers. Non-biased for the most part. 118 co-sponsers of HR 3044 whooohhooo. Sending a message, F & F should be gotten rid of and their lousy code. Notice it's a conglomerate of real estate professionals? NAR, NAMB and NAHB. Why is that? It's funny, they don't interview appraisers. Could it be that our largest appraisal associations are for the amc setup against the wishes of the majority of independent appraisers? Could be.
     
    Last edited: Oct 30, 2009
  3. Restrain

    Restrain Elite Member

    29
    Jan 22, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Florida
    Yeah, but this new law hit a big roadblock today. No one in the committee could agree on what time it was let alone what was to be in the bill.
     
  4. nicholz12

    nicholz12 Senior Member

    17
    Sep 7, 2008
    Professional Status:
    Licensed Appraiser
    State:
    Massachusetts
    Anyone read this Washington Post article today 10/30/09.. ... sounds like we might be out of some work?
     
  5. hglenbetts

    hglenbetts Senior Member

    2
    Dec 3, 2007
    Professional Status:
    Certified Residential Appraiser
    State:
    Michigan
    You have a link for us :shrug:
     
  6. Blueprint

    Blueprint Senior Member

    4
    Aug 25, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
  7. Laughing Heir

    Laughing Heir Senior Member

    1
    Oct 16, 2007
    Professional Status:
    Certified General Appraiser
    State:
    Pennsylvania
    I don't think the headline of that article reflected its actual content or message.
     
  8. Winston Wolf

    Winston Wolf Member

    0
    Jul 4, 2009
    Professional Status:
    Certified Residential Appraiser
    State:
    Maryland
  9. Lee in L.A.

    Lee in L.A. Elite Member

    132
    Jan 24, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    Heagline should read more like "HVCC headed for the dustbin". :leeann:
     
  10. jmarch305

    jmarch305 Sophomore Member

    0
    Mar 28, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Arizona
    I get the feeling that by the time anything gets done on getting rid of the HVCC or a moratorium, the HVCC will expire. It's only set to be for 18 months anyway, isn't it? Also hasn't the damage already been done? just my 2 cents.
     
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