With the new collateral underwriter, Fannie Mae, in my opinion, is trying to solve a legitimate problem in regards to how adjustments are derived and applied. Over the years, Fannie Mae has issued an increasing number of guidelines for lenders and appraisers. Astute lenders and appraisers took these guidelines as they were intended, as guidelines. Logic and market data were …Read More »
Lisa Desmarais, SRA, operates a residential appraisal company just outside of Boulder, Colorado along with her husband, Richard T. Desmarais. She has been in private practice for 20 years and has been fortunate enough to have experienced the appraisal industry from many different angles. She has had the opportunity to serve on the Colorado Chapter of the Appraisal Institute, work for the Denver County Assessor as a hearing officer, be hired to complete appraisal investigations for the State of Colorado Department of Regulatory Agencies, and been hired to design and write two publications consisting of appraisal case studies on behalf of the Colorado Energy Office. But most importantly, she has created professional friendships far and wide with an extraordinary group of Real Estate Appraisers.