GSE Waiver & Data Collection Data

[CGinMN]

A Clear Value hybrid is not a GSE form. But it does show what people are willing to sell their signature for. The PDCs are definitely getting done for $50 in some markets, no doubt about it.

Here is how VC-backed appraisal firms view GSE hybridization model. Out-of-state analysts signing reports. These were traditional 1004s, mind you.

 

[glenn walker]

Hell i didn't sign those I used my auto pen.

 

[Joe Flacco]

A Clear Value hybrid is not a GSE form. But it does show what people are willing to sell their signature for. The PDCs are definitely getting done for $50 in some markets, no doubt about it.

Here is how VC-backed appraisal firms view GSE hybridization model. Out-of-state analysts signing reports. These were traditional 1004s, mind you.
View attachment 98013

5 per day for $120k plus benefits puts their target cost per desktop right around $120 per report.

 

[Non Sequitur]

Hell i didn't sign those I used my auto pen.

A lot more of that happening at the large firms than anyone wants to admit.

 

[Non Sequitur]

That's crazy

But it's reality.

 

[DWiley]

I have looked at a lot of GSE hybrids for homes in states that require the fee in the appraisal report. What is see is typically 3x to 5x the fees that are claimed/cited in social media.

 

[CGinMN]

When you work at the GSEs you can just say stuff. Edit: not trying to be a dick, but often no way to verify what you say and we just have to take it as truth. Meanwhile direct evidence being posted here suggests otherwise.

 

[Mejappz]

I have looked at a lot of GSE hybrids for homes in states that require the fee in the appraisal report. What is see is typically 3x to 5x the fees that are claimed/cited in social media.

Do you want more?

 

[Joe Flacco]

$75-$125 is actually 3x and 5x more than $25.

 

[Non Sequitur]

I have looked at a lot of GSE hybrids for homes in states that require the fee in the appraisal report. What is see is typically 3x to 5x the fees that are claimed/cited in social media.

3x to 5x $25 is still starvation fees. But if you're claiming 3x to 5x the $120 fee shown in post #69 is "typical" I will challenge that.

Edit: And BTW, what the AMCs are charging borrowers doesn't count. But I would believe AMCs are gouging borrowers 3x to 5x what they are paying boots on the ground appraisers.