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Give me a break

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norapp

Member
Joined
Jul 11, 2016
Professional Status
Certified Residential Appraiser
State
New York
I just got this in my email. This is the newest video Fannie has put out. Not only are they years behind the 8 ball but this is where our tax dollars are being spent. To make us see the error of our ways. I can't take the waste that is going on in government. This is *%$@(^%#@.

 
Just watched both videos (quality & condition). I think the intended audience was 2nd graders. Really felt like I was being "talked down to". Nor professional at all.
 
Just watched both videos (quality & condition). I think the intended audience was 2nd graders. Really felt like I was being "talked down to". Nor professional at all.

Can’t wait until the GSE and USPAP police defend this piece of excrement. :rof:
 
After taking your midday daycare nap.

Please see the video mama Fannie has prepared for you on Quality ratings.

Hot cocoa and warm blankets not included. Bring your own.

 
so when, the gse grants appraisal waivers, how do they determine ratings? :rof: :rof: :rof:
Freddie does that through use of a separate condition model. Test results show that the model derives and reports the proper condition rating more often than what is reported in 1004s.

Many think that an appraisal waiver is a total pass in evaluation of the collateral, and that is not true. The lack of a traditional appraisal report does not mean a free pass on value or condition.
 
so i can use a models to detrimine condition. nice

it is the banksters that gives an opinion of value based on some avm to obtain a waiver. congrats to all the newly unlicensed appraisers with vested interests.
 
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