Hybrid

[djd09]

I have never seen CU. I do not have access to CU. Talk about anti competitive.

 

[Eli]

I have never seen CU. I do not have access to CU. Talk about anti competitive.

Now your talking antitrust behavior. Shame on you.

 

[djd09]

I was one of the people who worked on creating the UAD (djd can thank me later) and prior to the UAD the folks at Fannie Mae had determined by looking at thousands and thousand of appraisals that appraisers used more than 200 hundred different ways of stating something was some level of average including Avg, Avg+, Avg++, Avg+++, Avg-, Avg--, Avg+/-, Avg/Good, Avg/Old, Avg/New, Avg/Fair, Avg/Sup, Avg/Inf and many, many more combinations, usually without including any explanation of what the rating actually meant. The need to standardize GSE appraisal reporting was an obvious no brainer for them.

Do you see where the bias comes from. This answers a lot of questions. Never should of open this can of worms.

 

[timd354]

Do you see where the bias comes from. This answers a lot of questions. Never should of open this can of worms.

Please explain exactly how the UAD is biased.

 

[djd09]

The former CEO of one of the world’s largest banks has been elected to Fannie Mae’s board of directors.


Fannie Mae said Antony Jenkins has been appointed to the board’s Strategic Initiatives and Technology Committee and the Nominating and Corporate Governance Committee.

Jenkins has served as group CEO and as a member of the board of directors at Barclays PLC. He is a digital banking technology executive with extensive fintech expertise.

https://www.thetitlereport.com/Articles/Fannie-Mae-elects-board-director-73681.aspx

 

[djd09]

Barclays has reached a $100m (£77m) settlement with more than 40 US states for fraudulent and anticompetitive conduct in relation to the Libor rigging scandal.

The agreement, announced by the New York attorney general, Eric Schneiderman, follows the £290m fine imposed on Barclays four years ago by UK regulators – and others such as the US Department of Justice – for manipulating the benchmark interest rate.

https://www.theguardian.com/business/2016/aug/08/barclays-libor-100m-us-settlement

We have white collar criminals telling us how to do appraisals.

 

[djd09]

Please explain exactly how the UAD is biased.

You are biased which make the uad bias. But your bias for fannie is true blue.

 

[chad hampton]

UAD is funny. C3=good, C4=avg. No different. And 3 C3's can have different adjustments for each. At least if I had a AVG subject and AVG+ comp, it made perfect sense when I adjusted. C1 is new, I'll give them that, congrats on the achievement. Hope the brain wizards didn't spend to much valuable time and money on the stroke of creative genius that is the UAD.

Maybe they need to get some actual working appraisers involved? I know a few world class appraisers that would be happy to help.

 

[djd09]

Barclays’ former CEO is long bitcoin and says big banks need to start over

Antony Jenkins knows a lot about the big banks that run global finance. During more than 30 years in the industry, he was a credit card executive at Citigroup before becoming CEO of Barclays in 2012. He was ousted in 2015.

Now, after a long career in mainstream finance Jenkins is an entrepreneur: Last year he self-funded 10x Future Technologies, which sells cloud-based computing platforms to banks. He thinks big banks are in denial about the threat posed by fintech upstarts—his pitch is that they can only save themselves by starting over with better technology. In September, 10x raised £34 million ($45 million), led by consulting company Oliver Wyman and Chinese insurance group Ping An.

https://qz.com/1099705/former-barcl...itcoin-and-says-big-banks-need-to-start-over/

A British Banker help running the Quasi Government Fannie. wow

 

[timd354]

Barclays has reached a $100m (£77m) settlement with more than 40 US states for fraudulent and anticompetitive conduct in relation to the Libor rigging scandal.

The agreement, announced by the New York attorney general, Eric Schneiderman, follows the £290m fine imposed on Barclays four years ago by UK regulators – and others such as the US Department of Justice – for manipulating the benchmark interest rate.

https://www.theguardian.com/business/2016/aug/08/barclays-libor-100m-us-settlement

We have white collar criminals telling us how to do appraisals.

Nice deflection....typical tactic of yours