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You would need something like national association of realtors and other professional organizations related to doctors, lawyers, plumbers, electricians, etc.etc.
I won't say I feel bad for CoreLogic, er I mean alamode, because I don't. But there are a couple smaller more appraiser-focused firms I feel for. They won't likely make it. How much development staff can they have when they have what, a few thousand subscribers? Maybe AI can help, maybe not. Most commercial reports are narrative, and the big boys like Colliers have their own templates anyway. So with fewer appraisers and ever-declining #s of 1004 type reports, there can't be much money in all this development to meet FF guidelines.
I don't doubt that. The appraiser who completed the order described using pen and paper in the field and help from tech support for the desktop portion. That's more of a beta test than street ready software.
A lot of what FF does is package their loans and sell to investors. Maybe if lenders didn't have that FF backstop they would actually do a better job of underwriting, including caring about what the genuine market value of a home was, and not just thinking the appraisal was one more stupid checkbox item before the mortgage broker gets their commission check at closing.
Artificial intelligence is huge in picture now. That is why I am playing with Mr. Wiley. I could almost guarantee you if Fed took over gses he would be great employee and retire with federal employee benefits.
You can bet it is costing a pretty penny to get this form not a form up and running, even if the implementation is sub par.
I find that very hard to believe because the software would have to make too many "assumptions" that might not hold true for every house