Hybrid Appraisals

[alebrewer]

Freddie was formed after Fannie.

yep.

 

[NC Appraising]

I did an internet search. Google said hybrids are illegal. It was then confirmed by a tik tok influencer.

Can we move on now?

 

[djd09]

That can happen - just don't do loan production work. That's your decision to make and nobody's stopping you.

yes...the tall and short
smart and dumb
the woke and unwoke
must have a mark
to eat...

 

[glenn walker]

I did an internet search. Google said hybrids are illegal. It was then confirmed by a tik tok influencer.

Can we move on now?

If they were illegal that would make the GSEs and the FRT regulator's and Money Center Banks complicit in a Federal Crime and State Boards Complicit in not enforcing USPAP.

 

[NC Appraising]

If they were illegal that would make the GSEs and the FRT regulator's and Money Center Banks complicit in a Federal Crime and State Boards Complicit in not enforcing USPAP.

Correct. As I said, I confirmed this with a tik tok influencer. There all in big trouble mister.

 

[glenn walker]

So you're going to be doing them once you get the new forms and training. Lol

 

[sputnam]

So that certification will end the never ending is it USPAP compliant ? If the Fannie/Freddie Cert takes it then hell yes it compliant. I never doubted they were but folks who do them will now feel better.

Of course not. There will be appraisers who have problems in their reports despite the new form software attempting to steer at every step.

 

[Non Sequitur]

For anyone interested, Fannie's list of approved PDC providers:

Property Data Collection: Fulfillment Providers | Fannie Mae

Fannie Mae is on a journey of continuous improvement to make the home valuation process more efficient and accurate. We're transitioning to a spectrum of options to establish a property’s market value, with the option matching the risk of the collateral and the loan transaction. The spectrum...

singlefamily.fanniemae.com

 

[glenn walker]

Look's like they have a bigger plan for the future.

 

[Tom D]

Yea, more efficient and accurate. Can say that now before that sh*t hits the fan down the road.