ACE

[George Hatch]

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 SOW for an appraiser who is not inspecting the property doesn't include ANY "field appraisal assistance". Nor is the PDC performing any appraisal analyses, opinions or conclusions.

Aside from that
Have you even looked at your state laws and regs? Because here's what it says about "supervising". And that "trainee" is a defined term in this statute.

There's another section which refers to "assistance" but it's just a disclosure requirement. It doesn't say anything about supervision

 

[George Hatch]

As for the use of any data source which is external to the appraiser's own SOW, if the appraiser agrees or disagrees with the info being reported or otherwise opines the info is usable then that agreement or disagreement is their own opinion. We always make assumptions about the accuracy of the data we use which is provided or developed by others. That's a standard assumption. It's not even specific to these desktop assignments as a group.

 

[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

skippy right on over...