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re: Update --- Mortgage underwriter doesn't agree with appraisal

Posted on 6/1/16 at 8:10 am to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 6/1/16 at 8:10 am to
Dp
This post was edited on 6/1/16 at 9:01 am
Posted by DieSmilen
My Rubbermaid Desk
Member since Dec 2007
1735 posts
Posted on 6/1/16 at 8:40 am to
Maybe when he/she reviewed the other available data it had he/she questioning the appraised value.

Collateral Underwriting is a very scary thing. It is kind of crazy to think how much data has been gathered from all the appraisal reports issued over the last several years. I went to a conference last year and the primary focus was on explaining how small errors on things like condition/age/quality adjustments on comparables within a report will effect future appraisals on property located within the subject properties neighborhood.



Collateral Underwriting
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