"Quantifiable Market-Derived Methods" for adjustments required by FNMA/USPAP

[Zoe]

I could get on medicare if I was 65 years old. Healthcare is the biggie in the govt shutdown.

I sincerely don't think the budget will be approved unless repulicans come to the table with a new healthcare plan. How long before republicans realize?

I don't know.

That is the Ace in the hole for democrats is healthcare. Republicans know it.

 

[Terrel L. Shields]

I sincerely don't think the budget will be approved unless repulicans come to the table with a new healthcare plan.

You don't know squat about the machinations going on but make it obvious that you blame Republicans only for everything. A lot of Democrat voting government employees will lose their job and all because Schumer is pandering to the ultra-leftist like AOC. Trump is not going to budge on giving free healthcare to illegal aliens.

 

[TerryRohrer]

This is a reminder regarding Fannie Mae’s appraisal requirements, effective for appraisals dated on or after March 1, 2025.

Fannie Mae updated their Selling Guide to emphasize the importance of analyzing comparable sales for any changes in market conditions between the contract date of the comparable sale and the effective date of the appraisal. Clients are reminded that when market conditions have changed, appraisers must make appropriate time adjustments, supported by evidence using any the following acceptable practices:

• The use of home price indices (HPIs)
• Statistical analysis
• Modeling
• Paired sales
• Other commonly accepted methods

Fannie Mae encourages the use of the tools listed above to provide credible support for market trends and conditions.

The appraisal report must include at a minimum:

• A summary of the supporting evidence for any time adjustments (or lack thereof); and
• A description of the data sources, tools, and techniques used.

Clients are encouraged to implement these requirements immediately, but must do so for appraisals on or after March 1, 2025. Failure to make market-derived time adjustments when indicated by market data is considered an unacceptable appraisal practice.

Please contact your Sales Representative with any questions.

My comment: It wasn't just me. The above is from the PennyMac website. The need to illustrate market conditions is referred to as a requirement by so many clients and continuing ed providers. Maybe hey are all wrong - idk but it here is evidence they view it as such.

The suggestion to rely on PennyMac's interpretation of FNMA requirements is moronic, at best. Even though what you posted doesn't include any form of the term "illustrate", which you are arguing requires a picture/graph/etc, your interpretation of what you posted further clarifies your lack of understanding of the English language and/or your intentions to be misleading. Meanings listed for "illustrate" include:
1
as in to demonstrate
to show or make clear by using examples
2
as in to explain
to make plain or understandable

Synonyms listed for "illustrate" include:
Simplify, interpret, elucidate, explicit, expound, spell out, get across, define, specify.

Maybe instead of setting records for number of inaccurate/incompetent/erroneous posts, you should spend some time learning basic English.

 

[J Grant]

You don't know squat about the machinations going on but make it obvious that you blame Republicans only for everything. A lot of Democrat voting government employees will lose their job and all because Schumer is pandering to the ultra-leftist like AOC. Trump is not going to budge on giving free healthcare to illegal aliens.

It still has not sunk in that illegal alients do not qualify for free health care?

 

[KHS445]

It still has not sunk in that illegal alients do not qualify for free health care?

Qualification is not the issue. The issue is a number of States are providing illegals health care and adjusting their reporting to the Federal Government in order to receive reimbursement for the healthcare they provided to the illegals.

 

[Terrel L. Shields]

It still has not sunk in that illegal alients do not qualify for free health care?

The Big Beautiful Bill eliminated that but Schumer's bill would restore health care for illegals. The speaker explains that the Democrats would eliminate (see page 57 page of Schumer's Senate bill) - repeal all health provisions of the One BBB.

 

[Fernando]

This is a reminder regarding Fannie Mae’s appraisal requirements, effective for appraisals dated on or after March 1, 2025.

Fannie Mae updated their Selling Guide to emphasize the importance of analyzing comparable sales for any changes in market conditions between the contract date of the comparable sale and the effective date of the appraisal. Clients are reminded that when market conditions have changed, appraisers must make appropriate time adjustments, supported by evidence using any the following acceptable practices:

• The use of home price indices (HPIs)
• Statistical analysis
• Modeling
• Paired sales
• Other commonly accepted methods

Fannie Mae encourages the use of the tools listed above to provide credible support for market trends and conditions.

The appraisal report must include at a minimum:

• A summary of the supporting evidence for any time adjustments (or lack thereof); and
• A description of the data sources, tools, and techniques used.

Clients are encouraged to implement these requirements immediately, but must do so for appraisals on or after March 1, 2025. Failure to make market-derived time adjustments when indicated by market data is considered an unacceptable appraisal practice.

Please contact your Sales Representative with any questions.

My comment: It wasn't just me. The above is from the PennyMac website. The need to illustrate market conditions is referred to as a requirement by so many clients and continuing ed providers. Maybe hey are all wrong - idk but it here is evidence they view it as such.

It's best not to do time adjustments and use most recent comps.
Many appraisers don't have the knowledge to do an accurate time adjustment using detailed statistical analysis, modeling, etc. Even Bert's model has its errors.

 

[J Grant]

Qualification is not the issue. The issue is a number of States are providing illegals health care and adjusting their reporting to the Federal Government in order to receive reimbursement for the healthcare they provided to the illegals.

Prove it, please. All I hear is allegations of it.
Let MAGA run the country into the ground. The red state constituents can enjoy sky-high health insurance prices or no coverage at all. They asked for it. Everyone else might suffer too but its worth it, right as long as the tiny sliver of illegals who might receive care are denied it.

 

[Terrel L. Shields]

the tiny sliver of illegals

20 million illegals is a tiny sliver?

 

[J Grant]

20 million illegals is a tiny sliver?

Show me proof tat 20 million illegals are getting free health care.