ucbruin
Elite Member
- Joined
- Mar 11, 2014
- Professional Status
- Certified Residential Appraiser
- State
- Massachusetts
That turned out to eventually be good for appraisers....Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'
Not really a great time to be “modernizing” and “relaxing” collateral valuation standards
Looks like 2008 plus level event about to set back the scheme 20 years.
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Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'
The firm, part of the big three rating services, said it was making the move in light of key bank failures.www.cnbc.com
But why Congress continually guts banking regulations is anyone's guess....