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I was first trained as a scientist, starting with my high school biology class. I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. What about a degree in another field that did not include any appraisal-related training? I got it for MLS access.
Reinforced concrete and steel are strong and durable and provide better resistance to high winds and flying debris,” says ServiceMaster Restore’s Duncanson, vice president of training and development… To read more, Click Here My comments: This is a very interesting article. Base period and value for all indexes is March 16, 1990=100.
More significantly, loanDepot.com agreed to an extensive revamping of: (a) its reconsideration of value practices; (b) fair housing/non-discrimination training requirements; (c) statistical tracking of appraisal outcomes; and (d) training and contractual requirements for AMCs and appraisers. percent from 6.27
Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” retail residential mortgage applications, and has been conducted weekly since 1990. By Greg Stephens, SRA, AI-RRS.
Additionally, all other prior supporting communications related to the three rescinded MLs such as FHA INFOs and training have been removed from hud.gov. Reconsideration of Value The underwriter may request a reconsideration of value when the Appraiser did not consider information that was relevant on the effective date of the appraisal.
But our training must govern here and force us to ask the question, Does this adjustment protocol reflect current market verities? Using only an annual increase (Like most of us were trained to do) is not very accurate. closed-end residential mortgage applications originated through retail and consumer direct channels.
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