Better Hit That Number!

[djd09]

of course number hitting...ask danny, george, or frank

 

[Non Sequitur]

They can't define it, and they can't identify it, but they can measure everything about it within a knat's asswidth!

Exactly why a solid report doesn't matter, just being accused will result in reputational damage and substantial financial hardship.

Ask this guy if a solid report helped him:

Appraiser GoFundMe thread

https://appraisersforum.com/forums/...ndme-account-for-20-20-valuations-LLC.237418/

 

[TerryRohrer]

It is clear the idiots don't know what their own definition of market value means. All of their garbage is based on comparisons to the contract price. What moron would pay for an appraisal (even with someone else's money) when they define anything not equal to contract price as inaccurate? By their working definition, a rubber stamp is now the gold standard!

 

[djd09]

Fannie Mae single-family volume drops close to 24-year low​

By Bonnie Sinnock April 30, 2024, 10:51 a.m. EDT 3 Min Read

Fannie Mae struggled with single-family loan purchase volume in the seasonally weak first

Fannie Mae single-family volume drops close to 24-year low

But strong g-fees, a positive credit-loss adjustment and stable home prices bolstered results despite declines in mortgage purchases to lows not seen in some time.

www.americanbanker.com

lowest since 2000...

 

[alebrewer]

Yep. At least you got paid during the MB days.

huh? I lost more money during the MB days than I ever have with AMC's...

 

[Non Sequitur]

huh? I lost more money during the MB days than I ever have with AMC's...

Not me, one bad check in 10+ years and I felt sorry for the guy because he lost his job after Hurricane Katrina. But I wasn't stacking the checks like some, just a steady Freddy here. And let's not forget the massive losses appraisers absorbed from JVI, eAppraiseIT, AppraisarLoft, etc.

 

[alebrewer]

Not me, one bad check in 10+ years and I felt sorry for the guy because he lost his job after Hurricane Katrina. But I wasn't stacking the checks like some, just a steady Freddy here. And let's not forget the massive losses appraisers absorbed from JVI, eAppraiseIT, AppraisarLoft, etc.

No doubt appraisers have been burned by AMCs that went south. MBs, though, were little more than pond scum. Probably lost $5k a year from them back in the day. I just factored it in as a cost of doing business.

 

[Non Sequitur]

No doubt appraisers have been burned by AMCs that went south. MBs, though, were little more than pond scum. Probably lost $5k a year from them back in the day. I just factored it in as a cost of doing business.

$5k a year is a drop considering what AMCs take off the top.

 

[Non Sequitur]

And more industry scuttlebutt:

GSE Exec Boasts Scheme to Slash Appraiser Numbers - Appraisers Blogs

A GSE exec bragged about their plans to drastically reduce the number of residential appraisers on their roster in favor of computer models.

appraisersblogs.com

 

[alebrewer]

$5k a year is a drop considering what AMCs take off the top.

I thought we were talking about money lost, not money negotiated?