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<site xmlns="com-wordpress:feed-additions:1">52046035</site>	<item>
		<title>Appraiser Independence: What Does it Mean &#038; Who Does it Apply to</title>
		<link>https://appraisersblogs.com/appraisal-news/appraiser-independence-meaning-n-who-it-covers/</link>
					<comments>https://appraisersblogs.com/appraisal-news/appraiser-independence-meaning-n-who-it-covers/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Mon, 31 Aug 2026 12:30:57 +0000</pubDate>
				<category><![CDATA[Appraisal News]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=34971</guid>

					<description><![CDATA[<p>Why It Matters Appraiser independence is mandated by state and federal laws &#8211; not a professional courtesy. Every agent, broker, loan officer, lender and AMC involved in a transaction with a lender-ordered appraisal is legally prohibited from influencing the appraiser&#8217;s value conclusion and from interfering in the appraisal process. Violations can cost you your license, trigger federal civil penalties, NAR sanctions, civil liability, and in extreme cases, criminal prosecution.1 &#8220;I didn&#8217;t know&#8221; is not a defense. The Legal Foundation Three federal frameworks govern this area. Title XI of FIRREA (1989) requires all appraisals for federally related transactions to be performed&#46;&#46;&#46;</p>
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<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/agents-blacklisting-appraisers"     class="crp_link post-12469"><span class="crp_title">No I Won't Work With This Appraiser</span></a><span class="crp_excerpt"> How much power do agents have over the appraisal process? The lender gets a call. Agent tells them that appraiser&hellip;</span></li>
<li><a href="https://appraisersblogs.com/response-2-mortgage-expert-2-eliminate-appraisers"     class="crp_link post-20546"><span class="crp_title">Expert Wants to “Eliminate” Appraisers</span></a><span class="crp_excerpt"> Mortgage Industry Expert Wants to “Eliminate” Appraisers – A Response The National Mortgage News website just published an interview with&hellip;</span></li>
<li><a href="https://appraisersblogs.com/violating-appraisal-independence-through-intimidation-coercion-n-harassment"     class="crp_link post-27193"><span class="crp_title">Violating Appraisal Independence Through Harassment,&hellip;</span></a><span class="crp_excerpt"> It shall be unlawful... to engage in any act or practice that violates appraisal independence... Appraisers, I have written the&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-news/appraiser-independence-meaning-n-who-it-covers/">Appraiser Independence: What Does it Mean &#038; Who Does it Apply to</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>10</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">34971</post-id>	</item>
		<item>
		<title>The AMCs: Coming Soon to a Lawsuit Near You</title>
		<link>https://appraisersblogs.com/the-amcs-coming-soon-2-a-lawsuit-near-you/</link>
					<comments>https://appraisersblogs.com/the-amcs-coming-soon-2-a-lawsuit-near-you/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Tue, 20 Jan 2026 13:30:22 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisers News]]></category>
		<category><![CDATA[CFPB]]></category>
		<category><![CDATA[AMCs]]></category>
		<category><![CDATA[appraisal fees]]></category>
		<category><![CDATA[Appraisal Nation]]></category>
		<category><![CDATA[Appraisal Regulation Compliance Council]]></category>
		<category><![CDATA[ARCC]]></category>
		<category><![CDATA[Clear Capital]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[Consumer Financial Protection Bureau]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[TRID]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=33209</guid>

					<description><![CDATA[<p>The AMCs built an entire system on silence, and now the quiet parts are being said out loud. For years, the mortgage industry has insisted that appraisal management companies are the guardians of independence, the compliance buffer that keeps lenders and appraisers at a safe distance. Yet 2025 has delivered a storyline that feels more like satire than industry narrative. Borrowers are suing, judges are listening, and the AMC business model is beginning to look less like a safeguard and more like a very expensive middleman with a very opaque invoice. The first shock came from California, where the Timmins&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-deceptive-fee-skimming-exposed-in-lawsuit/"     class="crp_link post-32588"><span class="crp_title">AMCs Deceptive Fee Skimming Exposed in Lawsuit</span></a><span class="crp_excerpt"> Rocket Mortgage and the AMCs actively conceal this fee skimming from borrowers, never disclosing the proportion of the "appraisal fee"&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-lawsuit-amcs-cannot-outrun/"     class="crp_link post-33534"><span class="crp_title">The Appraisal Fee Lawsuit AMCs Can't Outrun</span></a><span class="crp_excerpt"> The class action lawsuit filed against CrossCountry Mortgage and Class Valuation arrives at a moment when many in the appraisal&hellip;</span></li>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/the-amcs-coming-soon-2-a-lawsuit-near-you/">The AMCs: Coming Soon to a Lawsuit Near You</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>55</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">33209</post-id>	</item>
		<item>
		<title>Fannie Mae’s Conservatorship: A Babysitter&#8217;s Blunder</title>
		<link>https://appraisersblogs.com/fannie-mae-conservatorship-a-babysitter-blunder/</link>
					<comments>https://appraisersblogs.com/fannie-mae-conservatorship-a-babysitter-blunder/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Mon, 28 Apr 2025 12:30:06 +0000</pubDate>
				<category><![CDATA[Appraisal]]></category>
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		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[conservatorship]]></category>
		<category><![CDATA[Fannie Mae]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=32740</guid>

					<description><![CDATA[<p>Calling the FHFA a babysitter for Fannie Mae doesn’t fully capture the dysfunction.&#160; What the general public doesn’t understand is that Fannie Mae has been under conservatorship since the 2008 market crash — a status far from ideal, just one step from bankruptcy. By definition, a conservatorship is a legal arrangement where a court appoints a conservator to manage the affairs of an entity unable to do so itself, due to financial distress or other incapacity. It’s a polite term for babysitting an organization that can’t handle its own affairs. A Babysitter Who Sparks Chaos Calling the Federal Housing Finance&#46;&#46;&#46;</p>
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<li><a href="https://appraisersblogs.com/a-cry-from-the-appraisal-trenches-the-fall-of-gse-oversight/"     class="crp_link post-32713"><span class="crp_title">A Cry from the Appraisal Trenches: The Fall of GSE Oversight</span></a><span class="crp_excerpt"> That could bring our best and brightest back to GSE lending, leveling the playing field with fairer work distribution.&nbsp; Picture&hellip;</span></li>
<li><a href="https://appraisersblogs.com/fannie-mae-fraud-and-abuse-exposed/"     class="crp_link post-32701"><span class="crp_title">Fannie Mae Fraud and Abuse Exposed</span></a><span class="crp_excerpt"> History of waste, fraud & abuse at this rogue organization...&nbsp; Fannie Mae reported this week it had fired more than&hellip;</span></li>
<li><a href="https://appraisersblogs.com/data-cancer-infecting-the-real-estate-market/"     class="crp_link post-32511"><span class="crp_title">Data Cancer Infecting the Real Estate Market</span></a><span class="crp_excerpt"> They have created the phenomenon known as “data cancer” which reduces an appraisal to a rubber stamp that contaminates the&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/fannie-mae-conservatorship-a-babysitter-blunder/">Fannie Mae’s Conservatorship: A Babysitter&#8217;s Blunder</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>44</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32740</post-id>	</item>
		<item>
		<title>A Cry from the Appraisal Trenches: The Fall of GSE Oversight</title>
		<link>https://appraisersblogs.com/a-cry-from-the-appraisal-trenches-the-fall-of-gse-oversight/</link>
					<comments>https://appraisersblogs.com/a-cry-from-the-appraisal-trenches-the-fall-of-gse-oversight/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Fri, 25 Apr 2025 12:30:13 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=32713</guid>

					<description><![CDATA[<p>That could bring our best and brightest back to GSE lending, leveling the playing field with fairer work distribution.&#160; Picture this: a system built to protect homeowners, backed by taxpayer dollars, now teetering on the edge of betrayal. The regulatory framework governing Government-Sponsored Enterprises (GSEs) was once a fortress of consumer protection, transparency, and fairness. As an appraiser, I’ve watched this fortress crumble. The rules imposed on GSEs and their partners—our trade-off for their congressional charter—have been chipped away through years of cunning maneuvers by trade groups and stakeholder interests. What’s left is a hollow shell, far removed from the&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/data-cancer-infecting-the-real-estate-market/"     class="crp_link post-32511"><span class="crp_title">Data Cancer Infecting the Real Estate Market</span></a><span class="crp_excerpt"> They have created the phenomenon known as “data cancer” which reduces an appraisal to a rubber stamp that contaminates the&hellip;</span></li>
<li><a href="https://appraisersblogs.com/is-the-gses-appraisal-modernization-really-just-mass-appraisal/"     class="crp_link post-30451"><span class="crp_title">Is the GSE's "Appraisal Modernization" Really Just&hellip;</span></a><span class="crp_excerpt"> Mass Appraisal tend to exhibit a regressive nature...&nbsp; In the intricate landscape of real estate mortgage financing, the notion of&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/"     class="crp_link post-31465"><span class="crp_title">The Great Debate on Appraisal Fees</span></a><span class="crp_excerpt"> She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/a-cry-from-the-appraisal-trenches-the-fall-of-gse-oversight/">A Cry from the Appraisal Trenches: The Fall of GSE Oversight</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>84</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32713</post-id>	</item>
		<item>
		<title>AMCs Deceptive Fee Skimming Exposed in Lawsuit</title>
		<link>https://appraisersblogs.com/appraisal-management-companies-deceptive-fee-skimming-exposed-in-lawsuit/</link>
					<comments>https://appraisersblogs.com/appraisal-management-companies-deceptive-fee-skimming-exposed-in-lawsuit/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Tue, 25 Feb 2025 13:30:23 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisers News]]></category>
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		<category><![CDATA[AMCs]]></category>
		<category><![CDATA[appraisal fees]]></category>
		<category><![CDATA[Appraisal Management Company]]></category>
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		<category><![CDATA[Appraisal Regulation Compliance Council]]></category>
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		<category><![CDATA[Clear Capital]]></category>
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		<category><![CDATA[lawsuit]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=32588</guid>

					<description><![CDATA[<p>Rocket Mortgage and the AMCs actively conceal this fee skimming from borrowers, never disclosing the proportion of the &#8220;appraisal fee&#8221; that is pocketed by the AMC rather than being paid to the appraiser.&#160; The class action lawsuit, Timmins v. Clear Capital, et al., filed on November 1 in the Superior Court of California, County of Stanislaus, sheds light on the deceptive and unfair business practices allegedly perpetrated by ClearCapital.com, Inc., Core Valuation Management, Inc., and Rocket Mortgage, LLC in relation to the appraisal fees charged to borrowers in home mortgage transactions. The complaint asserts that these defendants engaged in a&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-lawsuit-amcs-cannot-outrun/"     class="crp_link post-33534"><span class="crp_title">The Appraisal Fee Lawsuit AMCs Can't Outrun</span></a><span class="crp_excerpt"> The class action lawsuit filed against CrossCountry Mortgage and Class Valuation arrives at a moment when many in the appraisal&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/"     class="crp_link post-31311"><span class="crp_title">Appraisal Regulation Compliance Council Exposes&hellip;</span></a><span class="crp_excerpt"> The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-amcs-coming-soon-2-a-lawsuit-near-you/"     class="crp_link post-33209"><span class="crp_title">The AMCs: Coming Soon to a Lawsuit Near You</span></a><span class="crp_excerpt"> The AMCs built an entire system on silence, and now the quiet parts are being said out loud. For years,&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-management-companies-deceptive-fee-skimming-exposed-in-lawsuit/">AMCs Deceptive Fee Skimming Exposed in Lawsuit</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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		<post-id xmlns="com-wordpress:feed-additions:1">32588</post-id>	</item>
		<item>
		<title>The Shadowy AMC Fees Draining Billions from Homebuyers</title>
		<link>https://appraisersblogs.com/the-shadowy-appraisal-management-companies-fees-draining-billions-from-homebuyers/</link>
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		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Thu, 09 Jan 2025 13:30:46 +0000</pubDate>
				<category><![CDATA[AI]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=32371</guid>

					<description><![CDATA[<p>The hidden costs of appraisal management companies (AMCs) in the real estate industry have faced growing scrutiny, as highlighted by a recent Business Insider article titled &#8220;The Hidden Middleman who cost homebuyers $12 billion dollars and counting.&#8221; The article examines the opaque practices of AMCs, which frequently charge exorbitant fees that can exceed the amount paid to the appraiser. As highlighted by former Appraisal Institute CEO Cindy Chance, this issue has faced significant resistance from entrenched interests, mirroring the challenges faced in other industries such as the pharmacy benefit manager (PBM) sector, which ultimately led to an FTC investigation. The&#46;&#46;&#46;</p>
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<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/"     class="crp_link post-31311"><span class="crp_title">Appraisal Regulation Compliance Council Exposes&hellip;</span></a><span class="crp_excerpt"> The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being&hellip;</span></li>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/the-shadowy-appraisal-management-companies-fees-draining-billions-from-homebuyers/">The Shadowy AMC Fees Draining Billions from Homebuyers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>158</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32371</post-id>	</item>
		<item>
		<title>Appraisal Industry Outlook Under Trump Administration</title>
		<link>https://appraisersblogs.com/appraisal-industry-outlook-under-trump-administration/</link>
					<comments>https://appraisersblogs.com/appraisal-industry-outlook-under-trump-administration/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Mon, 06 Jan 2025 13:30:04 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=32173</guid>

					<description><![CDATA[<p>In a recent article, John D. Russell, JD explored the potential impact of the new Trump administration on the appraisal industry. With Republicans set to control the legislative process, Russell analyzed various documents and comments to distill expectations for how appraisal-related issues may be handled going forward. He noted that the Trump administration&#8217;s efforts will likely reflect much of the Project 2025 platform, and that its approach to the GSEs and FHFA in the first term could mirror that of the previous administration. Late first-term efforts on housing finance reform may also provide insight into second term priorities. Regarding the&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-waivers-expansion-fhfa-risky-move/"     class="crp_link post-31474"><span class="crp_title">FHFA's Appraisal Waivers Expansion</span></a><span class="crp_excerpt"> The Federal Housing Finance Agency's (FHFA) recent push to expand the use of appraisal waivers represents a concerning and potentially&hellip;</span></li>
<li><a href="https://appraisersblogs.com/gse-executive-boasts-scheme-2-slash-appraiser-numbers/"     class="crp_link post-30788"><span class="crp_title">GSE Exec Boasts Scheme to Slash Appraiser Numbers</span></a><span class="crp_excerpt"> At a recent appraisal event, a GSE executive, after a few drinks, privately told his nearby colleagues that we suck&hellip;</span></li>
<li><a href="https://appraisersblogs.com/arcc-discussion-exposes-gses-agenda-2-reduce-appraisal-friction/"     class="crp_link post-31528"><span class="crp_title">ARCC Discussion Exposes GSEs Agenda to Reduce&hellip;</span></a><span class="crp_excerpt"> Mark Calabria's discussion with ARCC revealed the GSEs' agenda to reduce "appraisal friction" by eliminating the role of professional appraisers&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-industry-outlook-under-trump-administration/">Appraisal Industry Outlook Under Trump Administration</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>65</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32173</post-id>	</item>
		<item>
		<title>The Great Debate on Appraisal Fees</title>
		<link>https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/</link>
					<comments>https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/#comments</comments>
		
		<dc:creator><![CDATA[Isaac Peck]]></dc:creator>
		<pubDate>Mon, 28 Oct 2024 12:30:09 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31465</guid>

					<description><![CDATA[<p>She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee paid by the borrower, which prompted her to stop working with AMCs because of the lack of transparency.&#160; The appraisal industry is abuzz with a discussion about appraisal fees. The Consumer Financial Protection Bureau (CFPB) recently issued a Request for Information Regarding Fees Imposed in Residential Mortgage Transactions [Docket No. CFPB-2024-0021] in which it solicited feedback from the public and industry stakeholders on the fees charged to consumers by mortgage providers and related settlement services. The CFPB framed it as&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/"     class="crp_link post-31311"><span class="crp_title">Appraisal Regulation Compliance Council Exposes&hellip;</span></a><span class="crp_excerpt"> The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being&hellip;</span></li>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/">The Great Debate on Appraisal Fees</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>32</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31465</post-id>	</item>
		<item>
		<title>Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations</title>
		<link>https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/</link>
					<comments>https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Fri, 30 Aug 2024 12:30:34 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31311</guid>

					<description><![CDATA[<p>The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being charged to borrowers amounted to a staggering 65% of the total appraisal fee, with one AMC extracting as much as 84% in pure profit. The Appraisal Regulation Compliance Council (ARCC) is a crucial non-profit organization that specializes in providing fact-based research and expertise on the complex web of appraisal regulations and compliance issues. Driven by a non-partisan mission, ARCC has spent the last two years diligently collecting, vetting, and organizing comprehensive data on lender appraisals conducted by Appraisal Management Companies&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
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<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-amcs-violating-tila-and-customary-and-reasonable-fee-clauses/"     class="crp_link post-30287"><span class="crp_title">AMCs Violating TILA and C&R Fee Clauses</span></a><span class="crp_excerpt"> Fellow Appraisers, the appraisal industry has been facing a major issue with AMCs violating the Truth in Lending Act (TILA)&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/">Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>102</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31311</post-id>	</item>
		<item>
		<title>County Assessors&#8217; Standards &#124; AVM Final Rule Guidance</title>
		<link>https://appraisersblogs.com/county-assessors-standards-avm-final-rule-guidance/</link>
					<comments>https://appraisersblogs.com/county-assessors-standards-avm-final-rule-guidance/#comments</comments>
		
		<dc:creator><![CDATA[Dallas T. Kiedrowski, MNAA]]></dc:creator>
		<pubDate>Fri, 23 Aug 2024 12:30:47 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31284</guid>

					<description><![CDATA[<p>County Assessors have the advantage of being able to calibrate their models specifically for one market, allowing for a more tailored and precise approach.&#160; The OCC, FDIC, NCUA, CFPB, and FHFA (collectively, the Agencies) are adopting a final rule to implement AVM quality control standards mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The quality control standards apply to mortgage originators and secondary market investors in determining the value of a dwelling that is the collateral for mortgage financing. Under the final rule, institutions involved in specific credit decisions or securitization activities are required to&#46;&#46;&#46;</p>
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<li><a href="https://appraisersblogs.com/avms-garbage-data-in-means-garbage-results-out-every-time"     class="crp_link post-28989"><span class="crp_title">AVMs... Garbage In, Garbage Out</span></a><span class="crp_excerpt"> Garbage data in means garbage results out every time!&nbsp; It's no secret that AVMs have been a thorn in the&hellip;</span></li>
<li><a href="https://appraisersblogs.com/is-the-gses-appraisal-modernization-really-just-mass-appraisal/"     class="crp_link post-30451"><span class="crp_title">Is the GSE's "Appraisal Modernization" Really Just&hellip;</span></a><span class="crp_excerpt"> Mass Appraisal tend to exhibit a regressive nature...&nbsp; In the intricate landscape of real estate mortgage financing, the notion of&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/county-assessors-standards-avm-final-rule-guidance/">County Assessors&#8217; Standards | AVM Final Rule Guidance</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>17</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31284</post-id>	</item>
		<item>
		<title>Insights from CFPB&#8217;s Public Comment Period</title>
		<link>https://appraisersblogs.com/insights-from-cfpb-public-comment-period/</link>
					<comments>https://appraisersblogs.com/insights-from-cfpb-public-comment-period/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Tue, 13 Aug 2024 12:30:20 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31229</guid>

					<description><![CDATA[<p>The comment period on the Consumer Financial Protection Bureau&#8217;s (CFPB) &#8220;Request for Information Regarding Fees Imposed in Residential Mortgage Transactions&#8221; concluded on August 2, 2024, with a total of 959 comments received. Upon reviewing some of these submissions, several noteworthy perspectives emerged regarding appraisal fees and the role of Appraisal Management Companies (AMCs). The National Association of REALTORS® (NAR) highlighted the lack of transparency surrounding AMC fees, which are often bundled together with the actual appraisal fee on the Closing Disclosure (CD). This opaque structure prevents consumers from understanding the true cost of the appraisal service and hinders their ability&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
<li><a href="https://appraisersblogs.com/reforming-the-appraisal-review-process-the-illogical-reality-of-mortgage-appraisal-reviews/"     class="crp_link post-30943"><span class="crp_title">The Illogical Reality of Mortgage Appraisal Reviews </span></a><span class="crp_excerpt"> Reforming the appraisal review process is essential to maintaining the integrity of the real estate market and protecting consumers and&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/"     class="crp_link post-31465"><span class="crp_title">The Great Debate on Appraisal Fees</span></a><span class="crp_excerpt"> She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/insights-from-cfpb-public-comment-period/">Insights from CFPB&#8217;s Public Comment Period</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>53</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31229</post-id>	</item>
		<item>
		<title>Lack of Fee Transparency: Exposing the AMC Exploitation</title>
		<link>https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/</link>
					<comments>https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/#comments</comments>
		
		<dc:creator><![CDATA[Desiree Mehbod]]></dc:creator>
		<pubDate>Wed, 31 Jul 2024 12:30:07 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31182</guid>

					<description><![CDATA[<p>By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge exorbitant prices and pocket the difference (as shown in Figures 1 through 10), exploiting the consumer’s lack of knowledge.&#160; Thank you for the opportunity to comment on the Consumer Financial Protection Bureau’s Request for Information on Fees Imposed in Residential Mortgage Transactions. The growth of Appraisal Management Companies (AMCs) in the wake of the 2008 financial crisis was driven by a well-intentioned but ultimately misguided belief that they could help &#8220;ensure the integrity and independence&#8221; of property valuations. The reasoning&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/"     class="crp_link post-30984"><span class="crp_title">Exposing Predatory AMCs</span></a><span class="crp_excerpt"> Exposing the inner workings of these predatory AMCs and their corrosive influence on the housing market.&nbsp; Cindy Chance's recent comments&hellip;</span></li>
<li><a href="https://appraisersblogs.com/amc-fee-impact-on-appraisal-fee"     class="crp_link post-29525"><span class="crp_title">AMC Fee Impact on Appraisal Fee</span></a><span class="crp_excerpt"> While the borrower was charged $695 for the appraisal, the appraiser was only paid $301. The AMC fee was $394.&nbsp;&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/">Lack of Fee Transparency: Exposing the AMC Exploitation</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>71</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31182</post-id>	</item>
		<item>
		<title>Uncovering Flaws in FHA Appraisal &#038; Loan Review Process</title>
		<link>https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/</link>
					<comments>https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Mon, 15 Jul 2024 12:30:32 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31044</guid>

					<description><![CDATA[<p>The story of this single mother&#8217;s harrowing experience with a defective home purchase and HUD&#8217;s negligent oversight exposes deep flaws in the FHA appraisal and loan review process. After sacrificing for years to rebuild her credit and earn the right to become a homeowner, this borrower found her dream home in the country &#8211; or so she thought. During the home inspection, several issues were flagged. The seller, an investor who had purchased the home in an estate sale, was unaware of the septic system&#8217;s location. The seller agreed to have the tanks pumped so the location could be determined.&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/amc-reviewers-should-not-request-changes-n-withhold-appraisers-payment"     class="crp_link post-23181"><span class="crp_title">AMC Reviews of Appraisals</span></a><span class="crp_excerpt"> Only the lender's Underwriter should be able to request changes to the report and the lender should be the one&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-problem-n-undue-diligence"     class="crp_link post-27926"><span class="crp_title">The Appraisal Problem</span></a><span class="crp_excerpt"> Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on&hellip;</span></li>
<li><a href="https://appraisersblogs.com/scope-creep-n-the-imploding-of-rules-have-little-2-do-with-appraising"     class="crp_link post-26655"><span class="crp_title">Scope Creep & the Imploding of Rules</span></a><span class="crp_excerpt"> ...the imploding rules then implemented, and the scope creep that evolved because the cart was leading the horse, has severely&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/">Uncovering Flaws in FHA Appraisal &#038; Loan Review Process</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>44</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31044</post-id>	</item>
		<item>
		<title>Exposing Predatory AMCs</title>
		<link>https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/</link>
					<comments>https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Fri, 14 Jun 2024 12:30:39 +0000</pubDate>
				<category><![CDATA[AI]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30984</guid>

					<description><![CDATA[<p>Exposing the inner workings of these predatory AMCs and their corrosive influence on the housing market.&#160; Cindy Chance&#8217;s recent comments about the concerning practices of some appraisal management companies (AMCs) have struck a chord with many in the real estate valuation industry. Chance is shedding light on the troubling ways in which certain AMCs have come to wield significant power and influence over the appraisal process, often to the detriment of both appraisers and the public. The growth of AMCs in the wake of the 2008 financial crisis was driven by the misguided belief that they could help &#8220;ensure the&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/"     class="crp_link post-30912"><span class="crp_title">CFPB Crackdown: Unfair Practices Hurting Consumers</span></a><span class="crp_excerpt"> Bureau is currently investigating various fees associated with obtaining a loan, with the goal of identifying any that may be&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/">Exposing Predatory AMCs</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>49</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">30984</post-id>	</item>
		<item>
		<title>CFPB Crackdown: Unfair Practices Hurting Consumers</title>
		<link>https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/</link>
					<comments>https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Wed, 05 Jun 2024 12:30:07 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30912</guid>

					<description><![CDATA[<p>Bureau is currently investigating various fees associated with obtaining a loan, with the goal of identifying any that may be particularly burdensome or concerning for borrowers. As we all know many AMCs are not paying Customary &#38; Reasonable fee as required by TILA. They have consistently pushed down the pay of Appraisers while making undisclosed profit off consumers and prioritizing cheapest and fastest over quality and competency. The CFPB has been in communication with individuals behind the scenes and are concerned with what has been shown enough to include AMCs in their data collection process. Now is the time to&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/amc-fee-impact-on-appraisal-fee"     class="crp_link post-29525"><span class="crp_title">AMC Fee Impact on Appraisal Fee</span></a><span class="crp_excerpt"> While the borrower was charged $695 for the appraisal, the appraiser was only paid $301. The AMC fee was $394.&nbsp;&hellip;</span></li>
<li><a href="https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/"     class="crp_link post-31044"><span class="crp_title">Uncovering Flaws in FHA Appraisal & Loan Review Process</span></a><span class="crp_excerpt"> The story of this single mother's harrowing experience with a defective home purchase and HUD's negligent oversight exposes deep flaws&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/">CFPB Crackdown: Unfair Practices Hurting Consumers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>25</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">30912</post-id>	</item>
		<item>
		<title>Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector</title>
		<link>https://appraisersblogs.com/obscure-federal-official-has-hatched-sick-chicken-in-housing-sector/</link>
					<comments>https://appraisersblogs.com/obscure-federal-official-has-hatched-sick-chicken-in-housing-sector/#comments</comments>
		
		<dc:creator><![CDATA[Jeremy Bagott]]></dc:creator>
		<pubDate>Thu, 04 Apr 2024 12:30:58 +0000</pubDate>
				<category><![CDATA[Appraisal]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30642</guid>

					<description><![CDATA[<p>The case eventually found its way to the U.S. Supreme Court, where it came to be known to the public as the “Sick Chicken Case”&#160; It was the Great Depression’s bleakest year – 1933. At President Roosevelt’s urging, Congress passed the National Industrial Recovery Act, a New Deal bill that partially ceded lawmaking authority to private organizations and industry boards to develop codes of conduct that would then be enforced on citizens as binding law. The owners of poultry producer Schechter Poultry Corp. were indicted for violating the new private business code for the poultry industry. The chicken men lawyered&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
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<ul>
<li><a href="https://appraisersblogs.com/reindeer-standards-as-unenforceable-as-appraisal-code/"     class="crp_link post-30143"><span class="crp_title">Reindeer Standards As Unenforceable As Appraisal Code</span></a><span class="crp_excerpt"> There’s a lot to like about the bylaws of the Association of World Reindeer Herders. The code defines how herders&hellip;</span></li>
<li><a href="https://appraisersblogs.com/how-u-s-home-valuations-are-being-subverted"     class="crp_link post-29041"><span class="crp_title">How U.S. Home Valuations Are Being Subverted</span></a><span class="crp_excerpt"> At the crossroads of it all is a campaign to weaken or eliminate valuations... The nonprofit is now exploring ways&hellip;</span></li>
<li><a href="https://appraisersblogs.com/reforming-the-appraisal-review-process-the-illogical-reality-of-mortgage-appraisal-reviews/"     class="crp_link post-30943"><span class="crp_title">The Illogical Reality of Mortgage Appraisal Reviews </span></a><span class="crp_excerpt"> Reforming the appraisal review process is essential to maintaining the integrity of the real estate market and protecting consumers and&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/obscure-federal-official-has-hatched-sick-chicken-in-housing-sector/">Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>18</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">30642</post-id>	</item>
		<item>
		<title>Seller Filed a Racial Bias Complaint Against Me</title>
		<link>https://appraisersblogs.com/seller-filed-a-racial-bias-complaint-against-me/</link>
					<comments>https://appraisersblogs.com/seller-filed-a-racial-bias-complaint-against-me/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Tue, 07 Nov 2023 13:30:08 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30075</guid>

					<description><![CDATA[<p>So what’s caused the sudden loss of income? Could it be because of the racial bias complaint filed against me by an unhappy Seller&#8230;&#160; Fannie Mae accomplished what they set out to do in July 2011, when they initiated their Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal. The goal was to collect enough property data to effectively remove appraisers from the home buying and refinancing process. It all started with Dodd-Frank Act, a several hundred pages Act signed into law by then President Obama, sold to unsuspecting Americans as a protection from the corrupt business practices of&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/low-appraised-value-n-allegations-of-racial-discrimination"     class="crp_link post-25472"><span class="crp_title">Low Appraised Value = Racial Bias?</span></a><span class="crp_excerpt"> When the appraised value didn’t meet the sale price, the first assumption was that the appraiser conspired to lower the&hellip;</span></li>
<li><a href="https://appraisersblogs.com/fannie-mae-filed-a-complaint-against-me/"     class="crp_link post-30011"><span class="crp_title">Fannie Mae Filed a Complaint Against Me</span></a><span class="crp_excerpt"> An appraiser shared the following with us which was posted on one of the appraisers’ groups. Fannie Mae filed a&hellip;</span></li>
<li><a href="https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/"     class="crp_link post-31044"><span class="crp_title">Uncovering Flaws in FHA Appraisal & Loan Review Process</span></a><span class="crp_excerpt"> The story of this single mother's harrowing experience with a defective home purchase and HUD's negligent oversight exposes deep flaws&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/seller-filed-a-racial-bias-complaint-against-me/">Seller Filed a Racial Bias Complaint Against Me</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>47</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">30075</post-id>	</item>
		<item>
		<title>Dazzled by Wizardry, Federal Mortgage Regulators Ignore Zillow Debacle</title>
		<link>https://appraisersblogs.com/dazzled-by-wizardry-federal-mortgage-regulators-ignore-zillow-debacle</link>
					<comments>https://appraisersblogs.com/dazzled-by-wizardry-federal-mortgage-regulators-ignore-zillow-debacle#comments</comments>
		
		<dc:creator><![CDATA[Jeremy Bagott]]></dc:creator>
		<pubDate>Mon, 12 Jun 2023 12:30:18 +0000</pubDate>
				<category><![CDATA[Appraisal]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=29586</guid>

					<description><![CDATA[<p>This rulemaking is one more sign that federal bureaucrats are all in on a whacky plan to use technical wizardry to tease out the value of individual properties across the country&#8230; Secretary of Defense Robert McNamara was a committed technocrat. Under his direction, a team of policy advisors descended into the Pentagon’s cavernous basement in 1967. They fed punch cards into the basement’s IBM mainframe computers with everything that could be quantified about the Vietnam War. Numbers of ships, tanks, transport helicopters, gunships, fixed-wing aircraft, artillery, troop strength, machine guns, ammo. They queried the computers, “What year will we win&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
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<li><a href="https://appraisersblogs.com/avms-garbage-data-in-means-garbage-results-out-every-time"     class="crp_link post-28989"><span class="crp_title">AVMs... Garbage In, Garbage Out</span></a><span class="crp_excerpt"> Garbage data in means garbage results out every time!&nbsp; It's no secret that AVMs have been a thorn in the&hellip;</span></li>
<li><a href="https://appraisersblogs.com/automated-valuation-models-avms-the-not-so-accurate-magic-bullet"     class="crp_link post-28105"><span class="crp_title">AVMs... The Not So Accurate Magic Bullet</span></a><span class="crp_excerpt"> That article mentioned three on-line services which claim to provide accurate property values. In alphabetical order, those services were REDFIN,&hellip;</span></li>
<li><a href="https://appraisersblogs.com/how-synthetic-appraisals-fuel-a-fraud-filled-housing-bubble/"     class="crp_link post-31415"><span class="crp_title">How Deep Fakes Have Burrowed Into Home Finance</span></a><span class="crp_excerpt"> Fannie and Freddie have been toiling at the coalface of “synthetic appraisals” – “black box valuations.”&nbsp; In the 1960s, technocrats&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/dazzled-by-wizardry-federal-mortgage-regulators-ignore-zillow-debacle">Dazzled by Wizardry, Federal Mortgage Regulators Ignore Zillow Debacle</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>17</slash:comments>
		
		<enclosure url="https://appraisersblogs.com/wp-content/uploads/2023/06/Dazzled-by-Wizardry-Federal-Mortgage-Regulators-Ignore-Zillow-Debacle.mp3" length="0" type="audio/mpeg" />

		<post-id xmlns="com-wordpress:feed-additions:1">29586</post-id>	</item>
		<item>
		<title>Sale Price vs Appraised Value Disconnect</title>
		<link>https://appraisersblogs.com/sale-price-vs-appraised-value-disconnect</link>
					<comments>https://appraisersblogs.com/sale-price-vs-appraised-value-disconnect#comments</comments>
		
		<dc:creator><![CDATA[Dave Towne]]></dc:creator>
		<pubDate>Mon, 10 Apr 2023 12:30:15 +0000</pubDate>
				<category><![CDATA[Appraisal]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=29235</guid>

					<description><![CDATA[<p>How can it be said that valuing a property lower than its eventual sale price based on current market evidence is tantamount to BIAS?&#160; The article titled &#8220;FHFA Data Fueling Looks into Appraisal Bias&#8221; was in the Inside Mortgage Finance Publications e-newsletter on 4/06/23. The Federal Housing Finance Agency is a is a critical provider of the data necessary for oversight, enforcement and research, FHFA Director Sandra Thompson noted during a discussion in late March. According to aggregate statistics from the Uniform Appraisal Dataset released by the FHFA, roughly 57% of appraisals were above the contract price in 2021. Just&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
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<ul>
<li><a href="https://appraisersblogs.com/low-appraisal-vs-bad-appraisal-manipulating-data"     class="crp_link post-24268"><span class="crp_title">A Low Appraisal is Now a Bad Appraisal</span></a><span class="crp_excerpt"> A low appraisal is now a bad appraisal. Well, that's according to the headline. The article does not stress ‘bad.’&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-new-improved-fannie-mae-fraudulator-2-is-an-outright-fraud"     class="crp_link post-29449"><span class="crp_title">The New & Improved Fannie Mae “FRAUDULATOR 2.0”</span></a><span class="crp_excerpt"> Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie&hellip;</span></li>
<li><a href="https://appraisersblogs.com/how-rural-america-lost-its-mortgage-lifeline/"     class="crp_link post-33012"><span class="crp_title">The Town With No Bank: How Rural America Lost Its&hellip;</span></a><span class="crp_excerpt"> For decades, we’ve been told that the problem is demand. That people don’t want to live in rural America anymore.&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/sale-price-vs-appraised-value-disconnect">Sale Price vs Appraised Value Disconnect</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>8</slash:comments>
		
		<enclosure url="https://appraisersblogs.com/wp-content/uploads/2023/04/Sale-Price-vs-Appraised-Value-Disconnect.mp3" length="0" type="audio/mpeg" />

		<post-id xmlns="com-wordpress:feed-additions:1">29235</post-id>	</item>
		<item>
		<title>Eroding Consumer Protection</title>
		<link>https://appraisersblogs.com/fannie-mae-appraisal-waiver-option-is-eroding-consumer-protection</link>
					<comments>https://appraisersblogs.com/fannie-mae-appraisal-waiver-option-is-eroding-consumer-protection#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 12:30:06 +0000</pubDate>
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		<category><![CDATA[waiver]]></category>
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					<description><![CDATA[<p>Waiving appraisal requirements on residential homes could erode consumer protection, stall attempts to create diversity in the profession&#8230; The recent announcement from Fannie Mae that they will waive the requirement for residential home appraisals has caused quite a stir in the industry. Fannie Mae’s decision to waive appraisals during this time of soon to come recession and bank liquidity issues is both surprising and concerning, and could have serious implications for both consumers and financial institutions alike. With falling values across many markets combined with rising mortgage rates putting even more pressure on borrowers’ wallets, this decision could potentially put&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/dear-representative-fannie-mae-has-gone-rogue"     class="crp_link post-29081"><span class="crp_title">Dear Representative, FNMA Has Gone Rogue!</span></a><span class="crp_excerpt"> Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. Fannie Mae’s decision to waive/eliminate property appraisal for lending&hellip;</span></li>
<li><a href="https://appraisersblogs.com/exactly-how-are-property-data-collectors-professionally-trained"     class="crp_link post-28852"><span class="crp_title">Exactly How Are Property Data Collectors&hellip;</span></a><span class="crp_excerpt"> Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie&hellip;</span></li>
<li><a href="https://appraisersblogs.com/house-measurement-by-property-data-collector-gone-wrong"     class="crp_link post-28317"><span class="crp_title">House Measurement by Property Data Collector Gone Wrong</span></a><span class="crp_excerpt"> The lender allowed an unlicensed property data collector give bad data to the appraiser... I work for this lender and&hellip;</span></li>
</ul>
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<p>The post <a href="https://appraisersblogs.com/fannie-mae-appraisal-waiver-option-is-eroding-consumer-protection">Eroding Consumer Protection</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
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