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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Baggins

Appraisers Blog

Retired has been correct. There may not be a housing values collapse. Rather a steady change out from individual ownership to corporate speculation has been ongoing. The structure of repurchases, repossession, and disposition offloading has already changed. Unaffordable housing may be here to say. You are correct.

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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Baggins

Appraisers Blog

You are referring to the article titled; IN WHITE HOUSE CRUSADE TO MUZZLE APPRAISERS, ‘FOLLOW THE MONEY’ / People can subscribe to his articles in this below web link. Or a more common vernacular; fox guarding the hen house. In reply to Mike Ford, AGA™. Yes, Mr Bagott gets better and better with each passing article.

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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Spencer Paul

Appraisers Blog

I get that it didn’t need to be updated every double year and it was done so as a cash cow, but there has to be a basis that we all can rely on. What are the others and why are some being them better than USPAP? Why aren’t there any actual regulations to help keep spares safe and only regulations to chop us in half? Feeling lost 0

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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Baggins

Appraisers Blog

From the very end, the final page of the linked federal register; / Appraiser independence. The entire economy is going, every federal institution is underwater a hundred times over. First receivers of fed money has bled the entire country dry. Every other department in government has one, why not this department?

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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Baggins

Appraisers Blog

Enter corporate investors now heavily speculating in residential housing. Referencing the federal register on the original USPAP? Every ‘update’ has been a special favor hand out, chipping away at stringent rules. Various algorithms are already skewed in favor of a propped up market. Fitz, a compelling question.

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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Mike Ford, AGA™

Appraisers Blog

Since that time, TAF has massaged and manipulated them to the detriment of the profession in favor of MISMO, disreputable higher volume appraisal firms, and software hucksters who benefit from weakened standards (IE SOW rule replacing Departure Provision). In reply to Spencer Paul. Traditionally valuators were (are) business valuators.

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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Fitz

Appraisers Blog

In reply to Baggins. Wow, interesting, If my memory serves me, when you review an appraisal you must review it based upon the USPAP that was in force in the year of the appraisal report. 2018 to present is 6 years, we are supposed to keep them for 5 year unless it went to court, and then more years after the conclusion of the court.