Articles Tagged with ''Collateral Underwriter''

Fannie Mae: Collateral Underwriter not disrupting appraisals

Appraisers need to see it in action
Before appraisers decide to shoot down any positive side to Fannie Mae’s Collateral Underwriter, Fannie said that they need to see it in action. In an exclusive interview with HousingWire, the enterprise explains its true goals behind the launch and how they will benefit the industry.
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There’s no more room for appraisal fraud

Amount of fraud tumbles in last year
Appraisal fraud has drastically tumbled ever since the financial crisis. Which sounds like a good thing, right? According to one expert, it isn’t. The solution put in place might ruin the appraisal industry.
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What the hell is going on in the appraisal world?

The confusion of Fannie Mae's Collateral Underwriter
It’s incumbent upon all in the industry to understand and implement best practices, but when the VERY use of appraisal services doesn’t employ some level of disclosure we might have a few problems. These problems are occurring right now with the massive confusion going on within the valuation space.
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Does Fannie Mae support appraisers?

Here comes Collateral Underwriter
They kind of do, as long as they can use an appraiser's analysis and opinions in a platform to punitively rate their work against the work of their peers. But what happens when the appraiser doesn't score well enough?
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