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Annaly Capital Management, Inc. Message Board

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  • ridinycurve ridinycurve Jan 5, 2003 1:48 PM Flag


    Entropy says:

    <<Most lenders use independent appraisers who have no axe one way or the other.>>

    The implication of this statement is not true. It makes no difference if in-house or independent appraisers are used. If NFI wishes its appraisals to be lowballed, that�s what it will get. Please take on faith that I can speak with some authority on this subject.

    Since this is just a side issue, let�s not belabor the point at this time and concentrate on more important matters.


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