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Vinca

(54,367 posts)

2. Fannie Mae is also proposing to change their appraisal practices by having 1 person collect data and

Reply to TomCADem (Original post)

Mon Oct 7, 2019, 07:25 AM

Oct 2019

another person stay in front of the computer and do the appraisal having never seen the property. Also, they will make it easier to waive appraisals completely. They might as well throw darts at a dart board to determine the value of what they're giving a mortgage on.

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WaPo - Federal government has dramatically expanded exposure to risky mortgages [View all] TomCADem Oct 2019 OP

The article doesn't fit your commentary FBaggins Oct 2019 #1

Fannie Mae is also proposing to change their appraisal practices by having 1 person collect data and Vinca Oct 2019 #2