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ASA Concerned About the Expansion of FNMA Appraisal Waiver Program

Appraisers Blog

In response to the Federal Housing Finance Agency’s (FHFA) decision to allow Fannie Mae to expand its appraisal waiver program, the American Society of Appraisers (ASA) has released an op-ed by ASA’s Strategic Partnership Officer, John D. The End of Appraisers?

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FNMA Property Data Collectors Program Violates WV Law

Appraisers Blog

The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act.

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Canadian Banks Will Exploit Gutted U.S. Mortgage Underwriting

Appraisers Blog

Canadian banks see the newly dismantled underwriting safeguards and risk-shedding experiments at Fannie and Freddie as a way to keep the party going, with the risk passed along to the U.S. As mortgage giants Fannie and Freddie bend the… The post Canadian Banks Will Exploit Gutted U.S. taxpayer directly… Canada’s banks are in trouble.

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