jay trotta
Elite Member
- Joined
- Feb 8, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Connecticut
Math or it's acquaintances can be influenced (always a problem)
algorithms (plural noun)
The papers being written are for an "Intended Use", otherwise, they would not be developed. All one needs to do is follow the money, so to speak; since D&F it has all been about Lender favorability, nothing to do with Public Trust. IMO just find this all very curious; appraiser shortage ? AVM ratio's more favorable ? Algorithm's ? ALL heading in one direction !
tmd - there is a finger in the dyke that does not belong to any appraiser, that alone is a very scary scenario; NAIFA/AI won't stand a chance; read an article the other day in regards to the PIW issue by someone, (FHFB ? ) who suggested a longer discovery process back in MAY, apparently it was to no avail; I guess what I'm attempting to say, if you work for the mortgage insurers I would be more concerned than anyone. When AVM's get the go ahead, no one will be held accountable, it was a computer algorithm error......."Time For A Bailout". The protection path is being paved very early on.
algorithms (plural noun)
- a process or set of rules to be followed in calculations or other problem-solving operations, especially by a computer: Which "Problem" is the solution being developed for ??
The papers being written are for an "Intended Use", otherwise, they would not be developed. All one needs to do is follow the money, so to speak; since D&F it has all been about Lender favorability, nothing to do with Public Trust. IMO just find this all very curious; appraiser shortage ? AVM ratio's more favorable ? Algorithm's ? ALL heading in one direction !
tmd - there is a finger in the dyke that does not belong to any appraiser, that alone is a very scary scenario; NAIFA/AI won't stand a chance; read an article the other day in regards to the PIW issue by someone, (FHFB ? ) who suggested a longer discovery process back in MAY, apparently it was to no avail; I guess what I'm attempting to say, if you work for the mortgage insurers I would be more concerned than anyone. When AVM's get the go ahead, no one will be held accountable, it was a computer algorithm error......."Time For A Bailout". The protection path is being paved very early on.
