The increased fee should be interesting to see what falls out. Will lenders and consumers tolerate a $1,200 - $2,000 fee for mortgage? I think not. So, what shakes out? More waivers, more hybrids? although I am not sure how one would do a hybrid with this new form. I haven't had time to dig into it. I love my work and i don't plan on retiring (although I will gradually slow down) until I am unable to work either mentally or physically. Although I may not retire, I may refrain from GSE work. I have been able to diversify my work enough that I could probably survive on private work.
Any other thoughts/opinions on the high appraisal fee fallout? Will lack of work vs over-saturation of appraisers needing food cause the fees drop because of bottom feeder appraisers that currently take work under $300? The bottom feeders aren't going away.