Question Details

Yanoska Diaz, Real Estate Pro in Miami, FL

What do we Realtors honestly think about Fannie Mae over-pricing their inventory and the No Appraisal Required HomePath Mortgage Loan Program?

Asked by Yanoska Diaz, Miami, FL Sun Feb 3, 2013

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Not just Fannie Mae, FHA is doing the same thing. Unfortunately this is a direct consequence of the bank bail out. When there is no negative consequence for bad behavior you can't expect rational thought. No appraisal required is absolutely ridiculous. Sounds like a say to sell their over priced inventory.
0 votes Thank Flag Link Sun Feb 3, 2013
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