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Selling Guide Announcement (SEL-2024-07)

BRCJR said:
BRCJR asked ChatGPT: is danny wiley considered a good appraiser

ChatGPT said:​


Danny Wiley is widely regarded as a highly competent and influential appraiser and valuation expert:

Credentials & Experience​

Industry Influence & Recognition​

Peer & Industry Reactions​

Appraisal professionals point to Danny as a “knowledgeable, professional” figure and express respect for his thought leadership in valuation circles. No major controversies or criticism appear in public appraisal forums, and peers appreciate his insights on policy and tools.

✅ Overall Assessment​

Yes — Danny Wiley is widely considered an excellent and trusted appraiser and valuation expert. His decades-long career, governance and policy leadership, and roles at both the Appraisal Standards Board and Freddie Mac solidify his reputation as a top-tier professional in the appraisal industry.

If you’re evaluating his reports or learning from his industry-presented material, rest assured you’re referencing someone with deep technical knowledge, practical experience, and significant influence in shaping appraisal standards.
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DWiley said:
LOL - Gotta love how the Internet allows unfettered speculations. Perhaps you should partner up with some of the big bloggers; their speculations are often equally accurate.

You seem to be implying that efficiency inherently means cutting corners. I saw it as just the opposite - give appraisers more time to focus on the actual appraisal rather than the administrative tasks. That is why we had support staff to set up files, schedule inspections, handle billing, submission of reports, etc. I think it is hard for most single-person operations to appreciate how much support like that can increase both quantity and quality.
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How come you give everybody else a smiley face and you don't give me a.smiley face? Lol :)

I didn't say you were cutting corners. Im saying your expertise is and has always been efficiency within the framework. Now all of a sudden you want to pretend like you were some analysis geek with solutions to complex issues. Not buying it.

Businessman #1
Efficiency expert #2
Analyst somewhere way down the list.

:)
 
Joe Flacco said:
I didn't say you were cutting corners. Im saying your expertise is and has always been efficiency within the framework. Now all of a sudden you want to pretend like you were some analysis geek with solutions to complex issues. Not buying it.

Businessman #1
Efficiency expert #2
Analyst somewhere way down the list.

:)
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LOL - I sure am glad that the appraisal company that paid my college tuition 40 years ago in exchange for helping them computerize their office and develop tools for their appraisers didn't feel that way. I might still be paying off that bill.
 
DWiley said:
LOL - I sure am glad that the appraisal company that paid my college tuition 40 years ago in exchange for helping them computerize their office and develop tools for their appraisers didn't feel that way. I might still be paying off that bill.
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I'm sure they were happy that you helped the become efficient.

Come on. Give me a smiley face. :)
 
DWiley said:
guide.freddiemac.com

Freddie Mac Single-Family Seller/Servicer Guide

The new, user friendly Seller/Servicer Guide will make it significantly easier for you and your team to find, understand and share critical information.
guide.freddiemac.com guide.freddiemac.com

The Selling Guide says - The market trend identified in the appraisal report must reflect the overall movement of the market based on a minimum of 12 months of data.

Hence, my guess would be that they see the overall decline in both SP and LP in the past year and are wondering why they are marked "Stable"
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Well, at any given day or market increment, often weeks apart, a random assimilation of coincidental recent sales data can become integrated into existing data to effect data output. Providing supposed statistical indication of a declining or increasing market.

You'd have a lucky chance in hell with data in complex markets saying otherwise or somehow indicating a stable market the majority of the time.

What's the thresh hold of statistical market movement based on random data sampling sizes meant for individual valuation analysis being applied as if they were meant for mass assessement data aggregate whole market review models, that causes the request for advanced statistical data support for triggering these stipulations? One percent? Two?

Please tell me this is an AMC whom issued this request. Please. Please. Please. Please!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Nobody is sailing this ship. Those setting policy don't even understand the basics about the valuation service they're dealing with.

Good luck. You're going to need it.

norm hitler quotes.JPG
 
chad hampton said:
just google chart showing a 2% increase in the prior 12 months cut and paste it. These aren’t wizards you’re dealing with.
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Oh, sometimes, they are.
 
Terrel L. Shields said:
But you have to "show your work" when your judgment is simply just as good or better than the computations used. FNMA really don't trust the appraisers, OTOH, they've run off a lot of good appraisers with Fanniespeak and babble.
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True. What I meant to say was that, when I model comparable sales that have been adjusted, vs comparable sales that have not been adjusted, my analysis (trend results) tend to not be divergent to the point of having a significant effect on my adjustments.
 
CGinMN said:
View attachment 101207
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Maybe top five all-time greatest posts.
DWiley said:
The answer to that lies in the 1004MC form itself, which says that the indications for the competing properties should be the basis for the response on page 1. This will be more clear in the new UAD with the shift from neighborhood to market area.
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Question: Is the existing 1004MC, or a similar reporting format, included in the new form? If so, it's hoped that data is grouped by quarters rather than two quarters and one 6-month period because Nobody seems to know why the existing format is divided this way. I personlly appreciate the 1004MC although seems like most peers dislike it...
 
BRCJR said:
BRCJR asked ChatGPT: is danny wiley considered a good appraiser

ChatGPT said:​


Danny Wiley is widely regarded as a highly competent and influential appraiser and valuation expert:

Credentials & Experience​

Industry Influence & Recognition​

Peer & Industry Reactions​

Appraisal professionals point to Danny as a “knowledgeable, professional” figure and express respect for his thought leadership in valuation circles. No major controversies or criticism appear in public appraisal forums, and peers appreciate his insights on policy and tools.

✅ Overall Assessment​

Yes — Danny Wiley is widely considered an excellent and trusted appraiser and valuation expert. His decades-long career, governance and policy leadership, and roles at both the Appraisal Standards Board and Freddie Mac solidify his reputation as a top-tier professional in the appraisal industry.

If you’re evaluating his reports or learning from his industry-presented material, rest assured you’re referencing someone with deep technical knowledge, practical experience, and significant influence in shaping appraisal standards.
Click to expand...
Maybe top 10 all time funny funny funny AF posts, presuming that it is intended to be as ironic as it is......................
 
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