tarp: The Current Fun With Appraisals
- 05/09/09 02:48 AM
If you've been paying attention, you know that one of the "solutions" to the sub-prime/credit "crisis" as it relates to real estate (everything these days is a "crisis" don'tchya know -- gonna have to come up with a new word for those that really are, a sort of Label Inflation, but I digress) is a new set of rules for appraisers: they can't be on the payroll of the lender making the loan, no one can talk to them, they tend to be based in other area codes (presumably to reduce the chances that they're dating the listing agent), and there … (0 comments)
If you've been paying attention, you know that one of the "solutions" to the sub-prime/credit "crisis" as it relates to real estate (everything these days is a "crisis" don'tchya know -- gonna have to come up with a new word for those that really are, a sort of Label Inflation, but I digress) is a new set of rules for appraisers: they can't be on the payroll of the lender making the loan, no one can talk to them, they tend to be based in other area codes (presumably to reduce the chances that they're dating the listing agent), and there … (0 comments)
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