Appraisal Waiver (Explosion)

[Zoe]

I am not talking default rates? Read my post. I posted loss ratio. NOT default ratios.

 

[alebrewer]

I am not talking default rates? Read my post.

Then I completely missed what you meant by 'least loss ratio'...

 

[J Grant]

VA is the one that retained their RR panel, FHA went to lender select.

 

[alebrewer]

VA is the one that retained their RR panel, FHA went to lender select.

And here we go again... FHA went to lender select in 1996 (or thereabouts). I think default rates probably have more to do with creditworthiness of borrowers than who does the appraisal...

 

[Zoe]

Then I completely missed what you meant by 'least loss ratio'...

Ok, they are like an AMC on steroids! Look at loss ratio. Not default rates.

 

[Zoe]

I have had like 5 tidewaters in last month. It slows me down to a crawl Kinda like hurricane Sally.

 

[Zoe]

None of my tidewaters met contract price in last month. They do many times. I have only had one that I know of that didn't close in last few years.

 

[djd09]

Does VA allow waivers?

 

[Zoe]

Does VA allow waivers?

Lol. Not that I know of. Realtors don't even argue. LOL They get sharp every now and then, but I ask them to give me what they have? lol

Many times what realtors send me would result in lower value indicator than higher.

 

[Zoe]

Realtors just want it to sell. That's it. Working on commission changes some perspectives.