FANNIE bonds with AMCs, over your dead low paid body.

[Tom D]

Now, why couldn't they give access to appraiser. I have been told by reviewers that CU has a lot of layers of info. But oh nooo, give it to the AMC plantation masters to whip you even harder with their stupid uneducated stips. I will also say that CU doesn't know how to pick comps from my little experience with it. I personally don't deal with any AMC.
"Expanding AMC access to Collateral Underwriter is intended to promote earlier identification of potential issues and greater consistency in appraisal quality control, helping reduce unnecessary friction in the process." How about reducing appraisal fee theft friction.

AMC Access to Collateral Underwriter: What’s Changing and What to Expect

Fannie Mae has announced an important update to its collateral risk management framework: Collateral Underwriter® (CU®) access is now available to Appraisal Management Companies (AMCs). The stated goal of this change is to improve transparency and alignment in the appraisal review process by enabling lenders and AMCs to work from a shared view of collateral risk.

Historically, lenders and AMCs have not always had access to the same collateral risk insights, which can contribute to additional handoffs, inconsistent feedback, and late‑stage clarification requests. Expanding AMC access to Collateral Underwriter is intended to promote earlier identification of potential issues and greater consistency in appraisal quality control, helping reduce unnecessary friction in the process.

At the same time, some appraisers have raised concerns about expanded AMC access to Collateral Underwriter. These concerns reflect long‑standing sensitivities around how appraisal tools and collateral risk insights are interpreted and applied within the valuation process.

Fannie Mae has emphasized that controls and guardrails are in place to ensure Collateral Underwriter is used as intended — to support risk identification and consistency, not to replace appraiser judgment or introduce new layers of review. AMC access is positioned as a means to improve alignment upstream, rather than to shift responsibilities or expectations placed on appraisers.

More Information Coming Soon: Educational Webinar
Additional information will be shared next week regarding a forthcoming educational webinar focused on AMC access to Collateral Underwriter. The session will be designed to provide context on the policy change, outline its intended objectives, and address common questions and con

 

[jay trotta]

Just supports proof that CEU is a money grab and nothing more

 

[Zoe]

Just supports proof that CEU is a money grab and nothing more

You know GSEs don't care about appraisers. GSEs hands are tied. They have no control over commingling of fees.

They may be dating my girlfriend Joan.

 

[Zoe]

It must be nice to have partners.

 

[Carnivore]

Yes the GSE's have said they are not trying to get rid of appraisers. What they actually mean is they just won't need as many. What is happening is time is money.

I do know that THE gse's don't have a 100% of the mtg market. I think but don't know that for sure. They are probably trying to get a larger slice

 

[Zoe]

Yes the GSE's have said they are not trying to get rid of appraisers. What they actually mean is they just won't need as many. What is happening is time is money.

I do know that THE gse's don't have a 100% of the mtg market. I think but don't know that for sure. They are probably trying to get a larger slice

I am not sure about more of the market. Maybe if they can get a cut of appraisal fee on top of fee they charge a lender.

I won't swear they can't get cut off of favorite AMC.

When commingling of fees is legal, God only knows what can pass the smell test.

Many appraisers on this forum don't do assignments for GSEs period. AMC is a cuss word to them.

 

[Zoe]

What do you think @DWiley ? Are you hanging out with my girlfriend? No way you would hang out with my partner.

Joan is my partner and girlfriend. You have to tell me if you are breaking in on our relationship.

I know she is blonde. Were you originally blonde?

 

[Carnivore]

Well it is a challenge for appraisers to seek work that has nothing to do with lenders, AMC 's. That cost money. but more importantly their area of work will need to expand.

DW may be getting close to retirement maybe not. I have met him a long time ago. One thing I know is he ain't a stupid person.

 

[J Grant]

Are the GSE's only giving CU access to AMC, but not giving CU access to lenders who order appraisals directly?

If the GSEs give CU access to the AMCs but do not give CU access to lenders or wholesalers who order without an AMC, will that create a disadvantage to drive the sector who use direct order panels to use AMCs instead?

 

[Mark K]

Just one more way that the lenders can keep control of the profit pipeline and ensure that the appraisers on the plantation stay in line while there's still some need for them.