Comments on: What’s Going on With Fannie Mae’s Collateral Underwriter? https://appraisersblogs.com/appraisal/whats-going-on-with-fannie-maes-collateral-underwriter/ Appraisal News and Tips for Real Estate Appraisers Wed, 19 Aug 2026 00:11:46 +0000 hourly 1 https://wordpress.org/?v=7.1.3 By: Retired Appraiser https://appraisersblogs.com/appraisal/whats-going-on-with-fannie-maes-collateral-underwriter/#comment-11409 Fri, 05 Dec 2014 16:48:18 +0000 https://appraisersblogs.com/?p=6752#comment-11409 In reply to Mark Freitag.

Absolutely…IF they are allowed to defend themselves at all. If I were still appraising I would hope that I can’t defend myself and the comps that I used. Why? You will easily spend more time in explaining why you didn’t use certain comps than you did choosing the comps that you did use. I had the unfortunate experience twice during my career of having bankers send over 15-25 comps and asking me why I didn’t use each of the sales. We wisely agreed to do so at a rate of $50 per comp analyzed. Both bankers went poof…and magically disappeared. You won’t be so lucky if this thrashing machine comes knocking on your email account door.

]]> By: Peter https://appraisersblogs.com/appraisal/whats-going-on-with-fannie-maes-collateral-underwriter/#comment-11407 Thu, 04 Dec 2014 21:50:39 +0000 https://appraisersblogs.com/?p=6752#comment-11407 We are already receiving notices from clients to be prepared for more UW stips. Here is a direct quote from one of mine: “It may be necessary for us to ask you for more information regarding comp selection, adjustments, and other information as a result of submitting the appraisal through this new portal.”

I hope all those AMCs and Lenders who hire the cheapest and fastest are ready to hit a speed bump. Seems to me that they are the only ones interested in crap.

]]> By: Retired Appraiser https://appraisersblogs.com/appraisal/whats-going-on-with-fannie-maes-collateral-underwriter/#comment-11406 Thu, 04 Dec 2014 19:21:23 +0000 https://appraisersblogs.com/?p=6752#comment-11406 You’ll think “nothing’s changed” when AMC auto responder suddenly has no emails to respond to and nobody will take your calls.

]]> By: Mark Freitag https://appraisersblogs.com/appraisal/whats-going-on-with-fannie-maes-collateral-underwriter/#comment-11404 Thu, 04 Dec 2014 16:57:55 +0000 https://appraisersblogs.com/?p=6752#comment-11404 I think appraisers may expect another change. The opening page of the CU will display “comparable sales”. Appraisers may soon have to defend comps they didn’t use as well as comps they did.

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