Tuesday , 29 September 2020

Tag Archives: fannie mae

Examining Our Profession Through a Sharper Lens

Times Have Changed Appraisers no longer need to drop film off to be developed and then glue photos into their reports because of advances in digital imaging technology. We no longer need to run a tape measure through bushes and mud because technology has provided laser measuring devices. We also don’t need to print our reports and drop them off …

Read More »

Covid-19 – Appraisers Taking Precautions

As a result of the Covid-19 pandemic, local, state, and national leaders have issued mandates for closures of non-essential businesses, schools, and large group assemblies. Many companies have moved to work-from-home models and enacted social distancing protocols. A new world has emerged for business where the prevention of the spread of Covid-19 is a main priority and social distancing is …

Read More »

Random Thoughts of an Appraiser

Here at Appraisal Buzz, we typically have entire articles dedicated to specific hot topics within the appraisal industry. We love hearing from experts in the field about what’s going on and what they think about it all. There are plenty of times where appraisers have collectively had thoughts or concepts that can be communicated and/or questioned within a sentence and …

Read More »

Freddie Mac Guidelines Due to Covid-19

The Covid-19 Pandemic has impacted each of us in its own way. Plenty of change is happening in the appraisal industry during this time, and more recently, with Freddie Mac. With new policies and ongoing policy adjustments, there can be confusion among those who are most impacted: the appraiser. We sat down with Scott Reuter, Chief Appraiser and Director of …

Read More »

Appraisal Creep – An Interview with John Wake

Appraisal values should not be influenced by the price of the listing, but could a bias exist that proves otherwise? “Does the typical appraisal protect you from overpaying for a house?” asks John Wake in his article, The Hidden Reason Why House Prices Are Too High (And Income Growth Is Too Low) — Appraisal Creep. We sat down for an …

Read More »

An Open Letter to Fannie Mae

By way of introduction, I am a 30+ year residential appraiser, AQB Certified USPAP Instructor, and former nine-year member of the State of IL Appraisal Board (where I served two years as Chairman). I come to you today with an urgent concern regarding appraisal advice contained in the Multiple Parcels article in the December 2019 issue of “Appraiser Update” from …

Read More »

Fun with Fannie, Freddie, and Friends

Our Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, have offices located “just across the river” from each other. The Potomac may be getting wider. The GSEs have been effectively owned by the public since the “great recession,” where public dollars bailed out these institutions. Will this change soon? We have changes: In regulation, forms, ownership, and business models. …

Read More »