What is the outlook for fees as UAD 3.6 comes on line?

[glenn walker]

Eh, GSE loans aren't FRTs and de minimus doesn't apply. IIRC appraisals are required somewhere deep down in their regulatory bowls because of loan ratio and private mortgage insurance requirements? But I do agree with the overall sentiment, it wouldn't take long and bye-bye appraisal requirements.

I stand Corrected your right about FRT but portfolio lenders and loans not sold don't legally require any formal appraisals below the deminimus. Many now are using alternative valuation tools But I have no doubts the Fed's could pass a emergency deminimus for loans funded and sold to the GSEs and other agencies. There is no way appraisers could blackmail the Lender's by shutting down National lending.

So I guess if you try and raise fees

Bingo NO appraisals.

No not necessarily it depends on what areas one works in. I'm sure many can increase fees and others can't. The appraisers that are liked and in demand always command better fees. The others will just die by a thousand cuts.

My guess is ones who haven't increased fees in 10 or more year's probably are only used when the lenders or AMC are desperate or have a big shortage.

During Covid 19 out here fees doubled for some, but now they mostly went back to the previous low fees. Here their are way too many willing to take low fees and undercut the other competition. Those guy's are doing year 2000 fees and they won't raise them .

 

[gregb]

With the number of appraisers ageing out combined with the chokehold AMC's have impacted on income driving out for fee appraisers, I am looking forward to steady income from direct lenders and the VA and private clients. Over the preceding 12 months my fees, except for VA, have been increasing with no resistance.

 

[djd09]

their forms are like a virus....making appraisers sicker

 

[djd09]

New veteran housing units unveiled in North Las Vegas as affordable housing crisis deepens​

LAS VEGAS (KSNV) — New housing units designed for veterans have been unveiled in North Las Vegas, offering a much-needed solution amid the region's affordable housing crisis.

The units, constructed by Rebuilding Together Southern Nevada with a $1 million grant, are part of a gated community and aim to provide veterans with accessible and affordable living options.

Bob Cleveland, CEO of Rebuilding Together Southern Nevada, highlighted the urgency of the housing shortage. "There was a 60,000 unit shortage and now there is an 80,000 unit shortage," he said. Despite the daunting numbers, the organization is committed to finding solutions.

New veteran housing units unveiled in North Las Vegas as affordable housing crisis deepens

New housing units designed for veterans have been unveiled in North Las Vegas, offering a much-needed solution amid the region's affordable housing crisis.The

news3lv.com

the gse's should pay more attention to their stated goal...making housing affordable

 

[glenn walker]

New veteran housing units unveiled in North Las Vegas as affordable housing crisis deepens​

LAS VEGAS (KSNV) — New housing units designed for veterans have been unveiled in North Las Vegas, offering a much-needed solution amid the region's affordable housing crisis.

The units, constructed by Rebuilding Together Southern Nevada with a $1 million grant, are part of a gated community and aim to provide veterans with accessible and affordable living options.

Bob Cleveland, CEO of Rebuilding Together Southern Nevada, highlighted the urgency of the housing shortage. "There was a 60,000 unit shortage and now there is an 80,000 unit shortage," he said. Despite the daunting numbers, the organization is committed to finding solutions.

New veteran housing units unveiled in North Las Vegas as affordable housing crisis deepens

New housing units designed for veterans have been unveiled in North Las Vegas, offering a much-needed solution amid the region's affordable housing crisis.The

news3lv.com

the gse's should pay more attention to their stated goal...making housing affordable

What can you do with $ 1 million in North Las Vegas ? Build a Duplex or maybe a ****y 4 Plex ? This is a joke...lol

 

[ZZGAMAZZ]

What can you do with $ 1 million in North Las Vegas ? Build a Duplex or maybe a ****y 4 Plex ? This is a joke...lol

Lesss than a handful of units have been built....

 

[glenn walker]

Lesss than a handful of units have been built....

You can't build a handful in Las Vegas for 1one $ million BUT what's a handful in real estate even mean ? Never heard anyone use that term when talking about real estate. Is it half a dozen, a peck, two bits WTF is it ?

 

[ZZGAMAZZ]

You can't build a handful in Las Vegas for 1one $ million BUT what's a handful in real estate even mean ? Never heard anyone use that term when talking about real estate. Is it half a dozen, a peck, two bits WTF is it ?

Nephew Glen. You want a definition? Following is an analogous definition... Koala Bear goes to a *****house, selects a girl, completes intercourse, gets dressed to go home without paying. Prostitute yells, "Whoa where you think you going? She opens dictionary and reads, "Prostitute. Woman who performs sex for money." Koala Bear opens the dictionary and reads "Koala Bear. Eats bush and leaves." Definition of "handful" is equally as vague, although only 1 appraiser out of thousands on the AF fails to understand the implication. I'm starting to understand why J.G. in FLA and Mr Fernando on the Left Coast are frustrated by your antics, which exceed a handful by a smidgen, a tad, a wee bit, a plethora, a ****load, a ballpark, by more than enough...

 

[glenn walker]

Nephew Glen. You want a definition? Following is an analogous definition... Koala Bear goes to a *****house, selects a girl, completes intercourse, gets dressed to go home without paying. Prostitute yells, "Whoa where you think you going? She opens dictionary and reads, "Prostitute. Woman who performs sex for money." Koala Bear opens the dictionary and reads "Koala Bear. Eats bush and leaves." Definition of "handful" is equally as vague, although only 1 appraiser out of thousands on the AF fails to understand the implication. I'm starting to understand why J.G. in FLA and Mr Fernando on the Left Coast are frustrated by your antics, which exceed a handful by a smidgen, a tad, a wee bit, a plethora, a ****load, a ballpark, by more than enough...

Your rambling on but never answer the question. You need to get focused.