This was a sore spot with me for a long time so I called FNMA and got their comments onit. Yes, the form is contradictory in that we need to verify data with a disinterested source BUT IF your client wants you to call the homeowner and get information about their house and if you disclose that you did just that then everything is alright. Not sure about this so I called our state and spoke with the head investigator and they said the same thing. I believe this falls in to the same class with those requests that want a cost approach on everything. Jus tdisclose and move on.
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Then I take it that this/these
unidentified person(s) at Fannie are willing to place that
in writing on official letter head, AND they are willing to put into that official letter
that all real estate appraisers nationwide
are authorized, PER FANNIE,
to go ahead and
redact out any preprinted language found on the form
just as long as we document that
our clients wanted us to do something other than what the form says? And, that Fannie will NOT reject that appraisal report if one is found packaged up in a loan bundle to Fannie... Fannie will NOT use that to force a buy back of that loan?
By the way, did your state head investigator place it
in writing that when an appraiser in that state signs a report that says one thing on it on one page, and the appraiser does something else completely different with a "Disclosure," that then results in a report that says two completely different things in two different areas of the report....., that doing that is totally ok and will NOT result in a state board ruling AGAINST an appraiser that does that? You got that in writing... right?
Did you get all that? Or are you spreading what amounts to unfounded hearsay? Or worse, forgetting to warn appraisers reading this that
their state(s) they work in
might have boards that would
nail them to the wall for signing and sending out reports that contain totally contradictory preprinted language versus appraiser inserted "Disclaimers?"
To each their own. But personally, I highly question the "My client told me to do it" defense and I highly question, with extreme dubiousness, those that suggest using that as a defense.
P.S. I recommend you place new phone calls to the same people, inform them you are recording the phone conversation and will be making the recordings public, and see if you get the same answers or not.
