Dublin ohio
Elite Member
- Joined
- Mar 20, 2008
- Professional Status
- Licensed Appraiser
- State
- Ohio
My sense is that national companies, hybrids, and collateral underwriter, cannot produce this form without MLS access, therefore they have been lobbied in some way to remove it, in order to open the door for products/companies that cannot produce it on a local level.
That makes absolutely no sense. I am assuming by national companies. They are referring to national appraisal firms. Every national appraisal firm I am familiar with has local appraisers who should have access to local MLS. If they do not. How are they doing appraisals in the first place. As far as hybrids go. The same. Collateral underwriter would have no use for a 1004mc since Fannie has more than enough data to determine market trends..