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#1
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Independent Appraisers GSE/Cuomo Proposal 3/19/08
Good Morning!! On behalf of the IVPI Organizing Committee Members, and the hundreds of Ethical Appraiser who have contributed their ideas, thoughts, and opinions during the past weeks and months, I wish to announce that the Formal Proposal and Business Plan attached was hand-delivered to the Offices of Andrew Cuomo, James B. Lockhart III, Daniel H. Mudd, and Richard F. Syron for their consideration and review. The past systematic abuse, negligence, and unethical practices will not be eradicated without fundamental changes to the appraisal ordering process that establishes a shield that will enable truly independent and objective appraisals. Revising the “status quo” without fundamental change will not accomplish the mission stated in the Cooperation Agreement. By endorsing, authorizing, funding, and vocally supporting implementation of the IVPI Organizational Proposal dated March 17, 2008, the Parties to the NYAG/GSE Agreement have a rare opportunity to prove to Consumers and Investors that real and effective change can, and must, occur. The Members of the IVPI Organizational Committee invite AF Members to email comments. Should you wish to lend your active support to this effort on behalf of ALL Residential Appraisers please EMAIL the suggested, editable, Form Letter attached below. My thanks to all for your support and consideration. Pamela Crowley Proposal and editable endorsement letter will follow.
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All that is necessary for the triumph of evil is that good men/women do nothing. Fight Back! |
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#2
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Kindly Click On Attachments Below. Thanks !
PLS SEND YOUR COMMENTS TO EVERY LINK BELOW........THANK YOU. COMMENTS ON ENTERPRISE APPRAISAL CODE Comments on the Home Valuation Code of Conduct, announced on March 3rd, may now be made directly to Fannie Mae and Freddie Mac. The comment period established by the Enterprises is for 45 days, ending on April 30th.OFHEO will be reviewing comments provided to the Enterprises. Comments may be sent as provided below: For Freddie Mac: Comments should be submitted through the online form on the Enterprise’s website at http://www.freddiemac.com/singlefami...valuation.html. For Fannie Mae: Comments should be submitted through the online comment form at https://www.efanniemae.com/go/appraisalcomment.jsp or, for additional information and the comment form, use https://www.efanniemae.com/sf/guides...code/index.jsp. __________________________________________________ ___________ NY STATE ATTORNEY GENERAL CUOMO http://www.oag.state.ny.us/contact.html http://www.oag.state.ny.us/online_forms/email_ag.jsp __________________________________________________ ___________ http://www.appraisalinstitute.org/ano/current.aspx?volume=9%20&numbr=5/6 OFFICE OF THRIFT SUPERVISON http://www.ots.treas.gov/resultsort....&dl=104&edit=0 http://www.ots.treas.gov/resultsort....&dl=103&edit=0 http://www.ots.treas.gov/resultsort....&dl=102&edit=0 __________________ Send your comments to Ken Harney here: mailto:KenHarney@earthlink.net MBA BOARD OF DIRECTORS http://www.mortgagebankers.org/roster/default.aspx?id=ros34873 __________________ Email Comments on the AG/GSE AGREEMENT and IVPI PROPOSAL to http://www.mortgagebankers.org/roste...px?id=ros30388 New York President Gene Tricozzi Northern Funding Corp. 518-371-6886 518-371-5103 genet@northernfundingcorp.com Executive Richard Byrne NYAMB 914-332-6233 914-332-1541 rbyrne@taminc.com Staff Edie Tella NYAMB 914-332-6233 914-332-1541 etella@taminc.com Delegate Gene Tricozzi Northern Funding Corp. 518-371-6886 518-371-5103 genet@northernfundingcorp.com Delegate Richard Biondi BJB Financial Consultant 631-249-4005 631-249-4033 rbiondi@rjbmortgage.com
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Kill the Contract $$ Bullseye, "thin the herd". Last edited by Mike Kennedy : 02-28-2010 at 02:48 PM. |
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#3
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Pam... you thank us but we thank you more.
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"I don't want an appraisal. I just want an opinion of value." |
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#4
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Pam, Mike, and all others involved.
My printer is busy now printing out the downloads to take to an informal appraisers luncheon. THANK YOU to all that have worked very hard to produce this. Let us all pray that the people in power will listen now. |
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#5
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Mike, Pam, George,
Interesting but there may be some concerns and I have some questions: 1. Noted this is an IVPI letterhead. Was that done as a suggested letterhead or was it done in some way with approval from the NY AG? 2. Also noted the proposal to review 10% of all loans going to the GSE- by the IVPI. Have you considered the cost and funding issues? I saw the "surcharge" thing. Who pays for that and how much? Enquiring minds and all that... Brad |
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#6
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I have read, reviewed and signed. Where do I email it to?
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#7
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Appears someone is looking for a job....
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#8
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Quote:
WOW the document was delivered without other appraisers having input?
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Foxtrot, Uniform, Charlie, Kilo Cancer ... In memory of our friend Bill Waite!
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#9
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Looks to me like you guys spent quite a bit of time hammering out that proposal. Nice job.
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#10
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The document states "And special thanks to the hundreds of Appraisers who have contributed support and ideas to this proposal"
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Simply put: A lack of ethics and personal responsibility = the current mortgage/housing meltdown |
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