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Webinar with Richard Hagar, SRA
Webinar: Better Understanding of Quality and Condition Ratings
Presented by: Richard Hagar, SRA
On-Demand: Available Now
Fannie Mae is ramping up AQM which means increasing numbers of warning letters are being sent to appraisers for incorrectly or inconsistently applying Quality and Condition (Q&C) ratings across their appraisal reports.
Reviews indicate that appraisers are failing to consistently apply the right Quality Rating to subjects and comparables. As a result appraisers are subject to “gray” or “blacklisting” by Fannie Mae’s new AQM system. State boards are also beginning to file complaints against appraisers alleging incorrect Q&C ratings, making it more important than ever for appraisers to have a clear understanding of how to determine and apply Q&C ratings.
Richard Hagar shows appraisers how to navigate Fannie’s Q&C rating system and stay out of trouble with state boards and Fannie Mae.
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