- Joined
- Apr 4, 2007
- Professional Status
- Certified Residential Appraiser
- State
- Tennessee
Well, given that Fannie is contemplating replacing 20% to 50% of 1004s with hybrids, what other comparison would you expect?You are comparing exterior inspection hybrids with a 1004. Doesn't really get any more misleading than that.
Fannie wants to try hybrids because of the turn time as compared to a 1004. They feel they can get faster turn time without a significant increase in risk Simple as that. It may work. It may not.