Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Economy Melting Down - Global Banking Crisis" video.

  1. Hey Dan. You are probably referring to the Freddie Mac desktop appraisal. Has not gained wide acceptance amongst appraisers. Despite the third party inspections, the appraiser is responsible for accuracy. Also, strangely, it requires a sketch and floor plan with interior walls depicted in this sketch. It is limited to 1st position, sales with no more than 90% LTV. I have no clue to why appraisers would take these on. As for inflating appraisals, that is a good way to lose one's license. Not as wide spread as you assume.
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