Report and Analysis: Readers Respond (Read Article) What Appraisers Say >> “Mr. Kantorovich (quoted in the first story) is accurate in his assessment of the Cuomo deal. Pressure on appraisers will not be eliminated but shifted from the brokers to the AMCs. Quality will suffer further as AMCs require an eight-hour turnaround time and they preset…
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Report and Analysis: Fannie/Freddie, Cuomo Agree to Appraiser Independence By David Brauner, Editor For appraisers, March came in like a lion. As winter turns to spring, appraisers have much to look forward to, as reported in the current issue of Working RE- Turning Tide? Appraiser Independence. Even with the shift to quality in the market…
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HVCC Petitions Request For Reconsideration of HVCC Petition – Click to view and sign the petition to request reconsideration of HVCC to New York Attorney General, Fannie Mae, Freddie Mac, and the Office of Federal Housing Enterprise Oversight: http://www.hvccpetition.com/ViewSignatures.aspx. Freddie Mac Clears the Air: – For a clear and helpful Q&A on the HVCC that…
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Fannie and Freddie Webinars Most know by now that, in a “quest to improve loan quality through more robust and uniform data,” Fannie Mae, Freddie Mac are introducing a new “language” called the Uniform Appraisal Dataset (UAD). The GSE’s are providing specific and mandatory guidance on how to fill out the 1004, 2055, 1073 and 1075…
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