ACE

[George Hatch]

you can sign off on paschals inspections...

If you know or suspect paschal is a criminal or have other reason to believe their data is unusable then you'd be required to decline to use that info.

And FTR, you only sign (take responsibility) for what you do. You are not signing for anything you didn't do.

 

[George Hatch]

Comment: Scope of work includes, but is not limited to:

• the extent to which the property is identified;
• the extent to which tangible property is inspected;

well duh

Yeah, I knew in advance you would attempt to reimagine that verbiage to imply something it doesn't.

"The extent" can and sometimes does include "zero extent". It always has, and there's no way that it couldn't include "zero extent". There have always been assignment types where the appraiser made no personal inspection at all.

 

[djd09]

now zero is the minimum...

 

[George Hatch]

Zero is a value whether you math or not. Less-than-zero is also a value whether you math or not.

Just the fact that you have devolved to arguing the meaning of terms because their real meanings are inconvenient to your talking points demonstrates the utility and necessity of the use of definitions sections in the various laws, rules, regulations, and other references to conduct. These definitions sections serve as a means to prevent people from doing what you have been attempting to do.

It's people who do what you're trying to do that compel the incorporation of defining terms relative to their specific usage. They're trying to djd-proof their work.

 

[djd09]

it is not about math...it is about law

 

[chad hampton]

Of course USPAP permits it now. It's been changed so many times that the same usual suspects always get what they want. It's a joke of a standards document at this point. People should be looking at their state laws. My state requires that the certified appraiser is personally and actively supervising the person providing the field appraisal assistance. And I've pointed that out many times. But if the states don't enforce their laws and rules, then is it really a law or rule?

 

[George Hatch]

This is what the first line of SR1-2.e looked like 10 years ago.



They added the clarification in the 2020 edition, but that isn't actually a change.


The rest of 1-2.e remains the same including the comment about using any combination of info


The facts don't support your talking points.

 

[djd09]

TESTIMONY TO APPRAISAL SUBCOMMITTEEDANNY WILEY, SENIOR DIRECTOR, COLLATERAL RISK POLICY, FREDDIE MACNovember 1, 2023Introduction and summaryThank you for inviting me to testify before the Appraisal Subcommittee. I am Danny Wiley, Freddie Mac’sSenior Director of Collateral Risk Policy. I am a state certified residential appraiser, and I have worked inthe appraisal profession since the early 1980s. I spent over 25 years as an independent fee appraiser. Ialso worked as the Chief Valuation Officer at a national appraisal management company for severalyears. I have been in my current position at Freddie Mac for four years.Appraisals play a critical role in the residential real estate purchase and financing processes.Homebuyers, lenders and investors rely on appraisers to develop credible, professional opinions ofproperty values in an independent, objective and impartial manner. Accordingly, the appraisal professionand process are regulated at the state level to ensure appraisers are properly trained, credentialed, andindependent.Freddie Mac has been asked to address four topi

https://www.ASC.gov/sites/default/files/2024-06/Freddie Mac.pdf

i have pointed out their lies...over and over

 

[djd09]

Of course USPAP permits it now. It's been changed so many times that the same usual suspects always get what they want. It's a joke of a standards document at this point. People should be looking at their state laws. My state requires that the certified appraiser is personally and actively supervising the person providing the field appraisal assistance. And I've pointed that out many times. But if the states don't enforce their laws and rules, then is it really a law or rule?

the states dont even understand USPAP...they thought missing due dates is a violation...there you go to braintrust on 15th st...Define 'Due Date' and then sell a new book

 

[djd09]

oh yeah personal inspection...while the unethical stakeholders sit at their desks...the peons cannot skippy like them...because that might even the playing field against our competition