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In recent years, Fannie Mae has been working towards what they call Valuation Modernization. The lender uses this property data in conjunction with valuation models to determine if a traditional appraisal is needed. For example, did you know that these propertyinspectors have no oversight or regulations as of right now?
In recent years, Fannie Mae has been working towards what they call Valuation Modernization. The lender uses this property data in conjunction with valuation models to determine if a traditional appraisal is needed. For example, did you know that these propertyinspectors have no oversight or regulations as of right now?
GSEs (Government Sponsored Enterprises, including Fannie Mae and Freddie Mac), in their current modernization initiatives, are piloting instituting these types of “bifurcated” data-collection processes. The separation of the inspection process from the valuation process could lead to appraisers gaining competency in various areas.
specializes in custom, modern software, web/mobile, and APIs. Building Umbrella App for Inspectors: MCS is currently working on integrating existing applications and online tools for propertyinspectors into one streamlined platform, or umbrella app, that they hope to launch in the next year. What Sets ITWox Inc.
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