3.6 Policy Exception

[HVNY]

I've told at least 5 AMCs today that I'll see them in May 2027. They are really ramping it up..

 

[Dublin ohio]

Stand your ground appraisers - we finally have them exactly where we want them..but unfortunately too many of our lemming peers are jumping off the cliff..

The same appraisers that were doing 2.6 appraisals for $250-$350 will tack on another $100 and still be $100 or more below what most would consider C & R. Good luck with that

 

[djd09]

Gotta keep waiving!!! Only thing preventing a 50% collapse.

if they can just waive them...why 3.6

 

[Non Sequitur]

Was this from an AMC or lender?

Lender who orders appraisals direct. Not sure if they sell loans direct or through wholesalers.

 

[glenn walker]

I've told at least 5 AMCs today that I'll see them in May 2027. They are really ramping it up..

The question is will you be in business in May ?

What if your clients found other appraisers to simply replace you.

I'm thinking you haven't gone through your savings yet or this is a hobby business...lol )

 

[Dublin ohio]

The question is will you be in business in May ?

What if your clients found other appraisers to simply replace you.

I'm thinking you haven't gone through your savings yet or this is a hobby business...lol )

It's a little premature to be "spiking the ball" when it comes to these extensions since they are on a case by case basis

 

[Non Sequitur]

It's a little premature to be "spiking the ball" when it comes to these extensions since they are on a case by case basis

Yep, that's the only reason why I posted earlier today and a few minutes ago.

I get it, some appraisers are holding on to hope, but the policy letter isn't a free hall pass. My advice is plan accordingly.

 

[William K]

I received an email from a small-bank client that asked, "Have you heard anything about a 3.6 form? What's it about?"

 

[Dublin ohio]

I received an email from a small-bank client that asked, "Have you heard anything about a 3.6 form? What's it about?"

Obviously they don't sell to the GSEs

 

[glenn walker]

It's a little premature to be "spiking the ball" when it comes to these extensions since they are on a case by

Obviously the don't sell to the GSEs