Curious, because Joe Joaquin is a financial expert with more experience in his field than you. It may be a good idea to actually look at the content and people behind them before the ad hominem attacks.

Great showing. Many of us however, don’t want our political views to interfere with our working careers. At this point an effective argument can be made that you may be unable to provide impartial service based on other peoples political views and points of view in general. Good luck.

Slander? Typical clueless statement. You are obviously clueless of macro economics, subprime CDOs & CDSs, and (R) recession history too.

No surprise since you push & promote anti vaccine propaganda, disinformation, and misinformation to other brainwashed peeps.

Patriot archives for “so called” conservatives is typical of your slanted nonsense.

If only it was as simple as blaming one person, or one party. When it comes to non stop money printing, the endless expansion of government, we have a truly non partisan system. Save the political slander for twitter. It’s up to each of us individually to break the programming which implants an incessant need to be the constant antagonist. Shouting red blue red blue accomplishes nothing.

https://patriotarchives.blogspot.com/

The bubble is blowing up; and this time it will be leveraged upper middle class peeps holding the pooch. Instant recession.

Rates can’t go any lower to save us.

Like Bitcoin, hybrids have no intrinsic value. Garbage.

My guess is you will see some of the turn and burn type appraisers who will end up hiring unlicensed individuals to do the field work and probably complete the majority of the report imputing, prior to the licensed appraiser putting the final touches on it. Why not allow licensed trainees to complete the field work while the supervising appraiser is in the office preparing reports. Much quicker, cheaper and a more controlled chain of responsibility.

IN the VERY least: Just a Few- Thoughts:
*COVID Exceptions would need to continue with the 2022- Hybrids. Extra Extra “” Extra-Ordinary Assumptions “” would need to be given- compliance. Extra exterior photos of conditions & improvements, interior photos indicating- per room condition examples, measurements, etc. would need to be “date-taken disclosed”, along with the “inspectors name & contact information” & a copy of the Inspectors E&O with proof of same provided. ( I have mine. They should have theirs! Will they have a license? Any THING they would be liable for? )

*Those that ORDER HYBRIDS would need to be thoroughly Educated on the Liabilities of the Form Use, service, & the Form Instructions.
How many times has a Stern-Request Via the Lender’s Rep to essentially overlook USPAP & Appraisal Guidelines for a 2055 Form happened? Are we not to use Source information Found Credible for the “current date of the report”? (Lenders Reps’ tend to have an Employer Mentality. When an appraiser with best effort attempts to explain the circumstances, they just Cancel the Order and assign it to those that will. Actually, I’ve LOST lenders over the Order Rep’s ignorance & stance.)

* I foresee Many “In-House Appraisers” (Lender-AMC-Owned Appraisers) completing the majority and where the Left-Overs are farmed out with CHEAP & FAST expectations, performed by Starving Appraisers who must accept LESS than Fair Fees. An appraiser’s Fee Schedule doesn’t really exist in the Real World.
How much will the Lender-AMC “pocket”??? Will that BE disclosed & separated from the Appraiser-Retained Fee?

** Except in certain Rural Areas, there is NOT a shortage of appraisers.

*So, if this becomes the Norm’…there WILL be many appraisers who just can’t survive on Half a Fee & needing triple the amount of orders to make up the difference.

Fannie Mae’s Data Chomp has in excess of 5,000,000 appraisals & algorithms in abundance. The Time has finally arrived: The sky is Falling!

Finally, they finally have found a Way to get rid of US. Next Step: Desk Top Algorithm Services, like a Zillow. We all know just HOW GREAT that… IS NOT.

Like Bitcoin, some things are here to stay, no matter how you feel about them.

Thank you. Would be interested to hear more regarding real world experience with this. Many in the field origination focused appraisers only can read about hybrids. My vote is for insurers to place this sort of work under a different separate coverage policy. There is entirely different engagement and liability dynamics.