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Freddie Mac blacklists BBG...

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I had never heard of this company prior to this article. But it looks like they're really unhappy with an individual CG. I wonder how many of the other CGs at that company might be under scrutiny?

"Agency is rejecting appraisals or valuations involving Jon DiPietra, amid agency’s widening investigation into mortgage fraud"
 
maybe the com appraisers should of started a value pushing petition...:ROFLMAO:
 
"Agency is rejecting appraisals or valuations involving Jon DiPietra, amid agency’s widening investigation into mortgage fraud"
He is the managing director of their NYC office. Wonder if Alvin will go after him
 
a long time ago a residential office got sanctioned. fannie started to wonder why everyone there were making the same dollar adjustments for items on the grid. they all got sanctioned. if a managing director is in trouble i am sure that his disease did spread to the other appraisers by his managing choice. either way, you never want your appraisals to be reviewed with a magnifying glass. and if their appraisals are being examined, in a sweeping search, then they are all the walking dead now.
 
Their problem with him might not even be about appraisals.
 
I didn't know Fannie be doing commercial loans. Commercial loans are risky and Fannie has no business in using taxpayer money in funding commercials. Shame on Fannie.
 
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