If the DSA controlled a majority in Congress ..... (appraisal related)

[George Hatch]

If the DSA controlled a majority in Congress, what effect do you think that would have on appraisal requirements at the federal agencies, state appraisal boards, GSEs and the lenders?

Asking for a friend

 

[Mike Ault]

If the DSA controlled a majority in Congress, what effect do you think that would have on appraisal requirements at the federal agencies, state appraisal boards, GSEs and the lenders?

Asking for a friend

A living, breathing AGA affiliated appraiser would be required for every assignment.

 

[Charles West]

These freaks of nature DSA types are going to do wonders for the mainstream progressive movement, straight down the Tidy Bowl Hershey Highway.

 

[TC]

Appraisals wouldn't be needed; everyone would get a free house.

 

[Mike Ault]

Appraisals wouldn't be needed; everyone would get a free house.

AI Overview

Elon Musk predicted that future advancements in AI and robotics will create such massive economic abundance that luxury living will be available to everyone. In a debate on social media, he claimed that this technology could eliminate scarcity, meaning "everyone can have a penthouse if they want"

 

[TC]

AI Overview

Elon Musk predicted that future advancements in AI and robotics will create such massive economic abundance that luxury living will be available to everyone. In a debate on social media, he claimed that this technology could eliminate scarcity, meaning "everyone can have a penthouse if they want"

And monkeys just flew out of my butt.

 

[George Hatch]

A living, breathing AGA affiliated appraiser would be required for every assignment.

That is a distinct possibility. (If they also held the Senate and there was a lefty @ POTUS)

I was asking within the context of a majority in the House, though. All those committees and their interactions with the federal agencies in the Executive Branch and at the GSEs and such.

 

[Mike Ault]

That is a distinct possibility. (If they also held the Senate and there was a lefty @ POTUS)

I was asking within the context of a majority in the House, though. All those committees and their interactions with the federal agencies in the Executive Branch and at the GSEs and such.

Dissolve the public/private partnership where the risks are socialized and the profits are privatized and simply absorb the whole mortgage lending process into the FHA?

 

[George Hatch]

What else? For example:

How much, if any, do you think the DSA politicians would work to influence changes to the appraisal process itself?

 

[Mike Ault]

What else? For example:

How much, if any, do you think the DSA politicians would work to influence changes to the appraisal process itself?

Subtle, yet I still sense the corral leading to the "DEI-social equity rant" closing in on me in this discussion. As evidenced by the last administration, Democrats don't like old white men in control of other people's fortunes so we could expect some more people of color & women with rainbow hair in the profession.