The Appraisal Over-Reaction!
April 29, 2008 by Bob Schenkenberger · Leave a Comment
Regulators are coming up with a proposal that will change some rules regarding appraisals as part of a settlement agreement between the Attorney General of New York, Fannie Mae, and the Office of Federal Housing Enterprise Oversight (OFHEO). Although these “rules” will not become Federal Law, or Regulation, they will basically have the same effect. [...]