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The revolution(s) will be blogged

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Thursday, September 6, 2007

Comps Data Sharing Article:

Hello all, I hope this finds you well and as busy as you can be. We have been picking up, August was a better month for us then July (surprisingly!!). I have been getting contacted by several REO management firms, and it seems they must be increasing, as they are proactively recruiting.

I have a new article that has been submitted to the mode regarding the comps data sharing concept. I am really hoping that this gets off the ground soon in the development side of things. I guess patience is something young men are not entitled, too. I would love to hear what you guys are thinking about the concept.

That article also includes a call to arms amongst us appraisers. It’s looking more and more like the time is coming for appraisers to FINALLY stand up and let the lending industry know that, while we appreciate all the work, we have a few items of contention that have to be ironed out. The funny thing is, once we get some of these things worked out, it will benefit both industries.

Happy appraisers will equal lenders lending with confidence in the reports they base their loans upon. Collateral problems would be reduced, and we all end up happy. I hope you guys enjoy it once it goes to the web.

posted by woody fincham  |  Read entry and post comments (0 comments)  



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BLOG AUTHORS
Matt Barr,
blog admin
David Braun,
Research Fellow
Adam Calvery,
VP Appraisal
Woody Fincham,
Research Fellow
Jeff Jones,
Research Fellow
Matt Krodel,
Product Manager
Chris Low,
EVP Products
Jennifer Miller,
EVP Projects
Jim Simmons,
Research Fellow
Paul Stansberry,
Product Manager