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GSE Waiver & Data Collection Data

NC Appraising said:
Just got this from a AMC.... growing pains....does not include me lol....I don't do'em

We are sending this out to remind you on key quality points and product requirements to help reduce revisions from our QC team. Please see below and reach out with any questions -

Key Focus Areas
  • Consistency between property condition report and your appraisal desktop report – Ensure information matches across reports, including property type, garage presence, and overall condition.

  • Condition Reporting for Comparables – Validate comparable property data carefully. Do not override MLS commentary without clear, supportable reasoning.

  • Zoning Accuracy – Confirm zoning is correct and consistent with municipal records.

  • Room Counts – Double-check that the reported room count aligns with agent-provided photos and other available data.

  • Amenity Adjustments – Ensure adjustments are properly made for items such as decks, porches, or other significant amenities.

  • Repairs and Condition Issues – If repairs, damages, or condition concerns are noted in the Property Condition Report (PCRI), they must also be addressed in the ADII. These discrepancies are a primary driver of revisions received.

  • Solar Panels – Confirm solar panels are reflected appropriately in the grid and narrative.

  • Hypothetical Conditions – Do not mark the “hypothetical” box unless specifically warranted and documented. Several requests had to be cancelled due to improper use of this box.
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Make sure to address all of the above and the rest of the hybrid 1004 or you'll be late and we'll have to ding you on your $100 fee. Also....Hurry up... you're supposed to be able to do half a dozen of these a day.
 
can you just imagine all the fraud these mortgage brokers are doing with the waivers...appraisers have first hand knowledge of their past dirty deeds :rof:
 

Mystery Hacker Used AI To Automate 'Unprecedented' Cybercrime Rampage​

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"AI is dramatically scaling the sophistication and personalization of cyberattacks..."

... the digital burglar tool kit :ROFLMAO:
 

Inflated Prices, Taxed to Death​

by Jeremy Bagott · Published August 21, 2025 ·

Freddie, Fannie Have Unwittingly Stoked Property Tax Firestorm. Inflated home values, engineered by Fannie and Freddie’s appraisal waivers and algorithmic lending, have distorted the market and saddled taxpayers with rising property tax burdens.
A wildfire is scorching the earth. Flashpoints are Texas, Florida, Colorado, Georgia, Illinois, Iowa, Kansas, Pennsylvania, North Dakota, New Jersey, Ohio, Nebraska and Wyoming. There are others.

Consider: The average U.S. home price in midyear 2020 was $371,100. In just two years, it jumped 41% to $525,100, as reported by the St. Louis Fed. Property values have risen almost 27% faster than inflation since 2020, according to another source. While homes are no longer affordable or accessible for many families, inflated values are an equally disturbing development for homeowners when property taxes come due. Observers often fail to see the role of federally backed mortgage giants Fannie Mae and Freddie Mac in creating the housing inflation underlying the surge in property taxes.

The twin mortgage giants spent the first half of the decade urging lenders to make mortgages to so-called “credit invisibles,” eliminating time-tested underwriting safeguards once required of all mortgage lenders. At about the same time, the twins began experimenting with valuation algorithms in lieu of appraisals – think “Zestimates.” Predictably, they flooded the market with borrowers having little-to-no skin in the game, those with sketchy credit histories and those willing to pay inflated sale prices based on inflated collateral valuations, which begot further inflated values.

Most alarming, thanks to the 2007-2008 financial crisis, the twins have been able to simply sell the questionable mortgage-backed securities they package to the Federal Reserve, which now holds about $2.12 trillion of this debt.

“Fannie and Freddie selling these securities to the Federal Reserve has become a way of life,” said Travis Spencer, a Texas tax-policy activist with a grassroots following. “Almost 20 years out from the Great Financial Crisis and there’s still continuous quantitative easing going on. This has become normalized, but it’s not normal.”

appraisersblogs.com

Inflated Prices, Taxed to Death - Appraisers Blogs

Inflated home values, fueled by appraisal waivers and algorithmic lending, have warped the market and hiked property taxes for taxpayers.
appraisersblogs.com appraisersblogs.com

the unconstitutional gse's are not normal... :rof:
 

Housing Market Grinds to a Halt in Late-Summer Doldrums​

With less than three weeks until summer's end, the housing market has effectively come to a standstill because of an ongoing buyer-seller impasse—and an increasing number of homes are left gathering dust.

The final days of August saw home prices and the median price per square foot flatline compared to last year, even as the selling pace slowed down.

"Affordability constraints are keeping buyers on the sidelines this summer, leading to frustration among sellers and home builders who remain unable to sell homes at the prices and in the amount of time they had hoped for," says Realtor.com® Senior Economist Joel Berner.


the law of diminishing returns...waivers cant help anymore :rof:
 
djd09 said:

Housing Market Grinds to a Halt in Late-Summer Doldrums​

With less than three weeks until summer's end, the housing market has effectively come to a standstill because of an ongoing buyer-seller impasse—and an increasing number of homes are left gathering dust.

The final days of August saw home prices and the median price per square foot flatline compared to last year, even as the selling pace slowed down.

"Affordability constraints are keeping buyers on the sidelines this summer, leading to frustration among sellers and home builders who remain unable to sell homes at the prices and in the amount of time they had hoped for," says Realtor.com® Senior Economist Joel Berner.


the law of diminishing returns...waivers cant help anymore :rof:
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Don't worry, your hero in the WH got lousy job numbers coupled with his pressure to lower rates will kick in, and he hopes that will prop up prices. Imo, unless the rates go to crazy low territory, a mderate rate decrease might supr buying and stem a price decline but not raise or even maintain prices that climbed too high - as many have noted, wages have not kept up and the carrying costs wrt taxes and insurance or HAO fees is still so high it impacts how much loan one qualifies for.
 
J Grant said:
Don't worry, your hero in the WH got lousy job numbers coupled with his pressure to lower rates will kick in, and he hopes that will prop up prices. Imo, unless the rates go to crazy low territory, a mderate rate decrease might supr buying and stem a price decline but not raise or even maintain prices that climbed too high - as many have noted, wages have not kept up and the carrying costs wrt taxes and insurance or HAO fees is still so high it impacts how much loan one qualifies for.
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i do notice there is no petition by appraisers for number hitting pressure... :rof:
 
djd09 said:
i do notice there is no petition by appraisers for number hitting pressure... :rof:
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Still can’t believe appraisers 20 years ago were signing petitions to give their businesses away :rof:
 
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