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Exactly How Are Property Data Collectors Professionally Trained?

Appraisers Blog

Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie Mae is explicitly working toward the elimination of appraisers for real property valuations. appeared on Appraisers Blogs.

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Dear Representative, FNMA Has Gone Rogue!

Appraisers Blog

Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. Fannie Mae’s decision to waive/eliminate property appraisal for lending purposes is nothing more than wanton recklessness that could have serious repercussions in the future. The fact is, Fannie… AVMs.

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AVMs… Garbage In, Garbage Out

Appraisers Blog

Garbage data in means garbage results out every time! Unfortunately, some consumers don’t realize this until it’s too late – when reality comes crashing down from a local real estate professional after they’ve already gotten their hopes up about their home value thanks to an AVM. Yesterday, a Virginia assessor emailed us with an.

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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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Certified Appraisers vs. Unlicensed Data Collectors

Appraisers Blog

Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Their latest twist is to re-categorize many appraisers as “Unlicensed Data Collectors.” Fannie Mae has been working hard to get rid of appraisers for years.

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Eroding Consumer Protection

Appraisers Blog

Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. The fact is, Fannie… House Measurement by Property Data Collector Gone Wrong The lender allowed an unlicensed property data collector give bad data to the appraiser.

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No Appraisals Required. The End of Appraisers?

Appraisers Blog

Related Posts: Exactly How Are Property Data Collectors Professionally… Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. Secondly, the 3rd party inspection is sent to a licensed appraiser.