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To learn more about Small Business Valuation Companies: Unlocking Your Businesss True Potential - keep reading In today's competitive market, knowing what your business is really worth isnt just an advantageits a must-have. Small business valuation companies specialize in digging deep into your enterprises finances to reveal its true value, helping you make smart decisions that spur growth and set you up for long-term success.
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Question: How can appraisers, and software providers, justify the time and effort needed to retrain the appraisal and lending industry on the new URAR, if the GSE’s waive the appraisal on the vast majority of first mortgages?
Posted by David A. Bell and Wendy Grasso, Fenwick & West LLP, on Saturday, February 1, 2025 Editor's Note: David A. Bell is a Partner and Co-Chair of Corporate Governance, and Wendy Grasso is a Corporate Governance Counsel, at Fenwick & West LLP. This post is based on their Fenwick memorandum. Corporate governance practices vary significantly among public companies.
In reply to Eric Kretz. Yes sir…my non appraising shoes fit so well I ran like Hell from the profession 15 years ago and kept on running. I still get quite a kick from listening to the wailing and gnashing of teeth however. Priceless!
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In reply to Anonymous. I believe thats the point. Make the appraisal process take longer and cost more so they can justify moving away from traditional appraisers. They can say waivers are just as accurate, cost less, and take less time than the dwindling numbers of appraisers doing GSE assignments.
Nationwide Call to Action: Seeking Legal Representation for Class-Action Lawsuit Against HUD Investigations For over Two Years I have been subjected to systemic abuse, unwarranted investigations, and procedural violations at the hands of the Department of Housing and Urban Development (HUD). My name is Kenneth Mullinix, and I am an experienced VA-approved appraiser who has been targeted in a series of baseless investigations that have severely damaged my career, reputation, and personal well-bei
I appraise the property, not the owner. A good bit of the time I do not see the seller or the buyer. An easy way to determine bias is to simply look at the report under review and compare it to other other properties I may have have completed in the recent past. I can assure any one there will not be an issue. Why would any appraiser intentionally hurt a client just to harm a stranger.
THEY want to artificially inflate property values and remove the independent appraiser hurdle. Who benefits?: > Realtors – higher commissions; > Assessors – higher property taxes; > Certain Investors – continue the march to make real estate unaffordable to own – resulting in citizens becoming tenants instead of property owners; > Builders/Developers – artificially higher profits (warning this may be a temporary windfall) > Insurance Companies
Wells Fargo Fires Loan Officers Accused Of Abusing Appraisal Waivers Wells Fargo has been cracking down on loan officers in the past few weeks over allegations of widespread abuse of appraisal waivers in the past two years. Wells Fargo has been cracking down on loan officers in the past few weeks over allegations of widespread abuse of appraisal waivers in the past two years.
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