Two appraisals. One property. $8 million apart.

That kind of gap didn’t just raise eyebrows, it helped break the system in 2008.In this episode of Appraisers on Purpose, Ken De Feo pulls back the curtain on the wild inconsistencies in appraisal during the lead-up to the financial crisis and why some of those same risks are still lurking today.

Ken has seen it all: subprime chaos, default servicing, asset review, and now, he's helping lead the charge on UAD 3.6, the appraisal modernization project that might actually fix what’s broken.

Inside the episode:

▪️The $8M value gap that made Ken's team stop in their tracks

▪️How appraisal inconsistencies fueled the 2008 collapse

▪️Why UAD 3.6 could bring clarity, not more complexity

▪️What appraisers need to understand about how their reports are used downstream

If you think the appraisal report ends when you hit submit, this episode will change that. And if you’ve ever been blamed for a number someone else manipulated you'll feel seen.

Listen why Ken believes the best days of this profession are still ahead.