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  #1  
Old 03-19-2008, 09:17 AM
Pamela Crowley (Florida)'s Avatar
Pamela Crowley (Florida) Pamela Crowley (Florida) is offline
 
Join Date: Jan 2002
Location: Florida's Space Coast
State: Florida
Professional Status: Retired Appraiser
Posts: 25,224
Default Independent Appraisers GSE/Cuomo Proposal 3/19/08

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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  #2  
Old 03-19-2008, 09:20 AM
Mike Kennedy's Avatar
Mike Kennedy Mike Kennedy is offline
 
Join Date: Sep 2003
Location: Southern Hudson Valley
State: New York
Professional Status: Certified Residential Appraiser
Posts: 19,765
Default Ivpi Proposal

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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Last edited by Mike Kennedy : 02-28-2010 at 02:48 PM.
  #3  
Old 03-19-2008, 09:21 AM
Ed Falkowski's Avatar
Ed Falkowski Ed Falkowski is offline
 
Join Date: Jun 2007
Location: PA, DE, NJ or MD!
State: Pennsylvania
Professional Status: Certified Residential Appraiser
Posts: 1,040
Default

Pam... you thank us but we thank you more.

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  #4  
Old 03-19-2008, 09:30 AM
JoTetherow's Avatar
JoTetherow JoTetherow is offline
 
Join Date: Nov 2006
Location: cert in NY, living in Nebraska
State: Nebraska
Professional Status: Certified Residential Appraiser
Posts: 651
Default :d

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.
  #5  
Old 03-19-2008, 09:39 AM
Brad Ellis Brad Ellis is offline
 
Join Date: Feb 2006
State: California
Professional Status: Certified Residential Appraiser
Posts: 2,551
Default

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
  #6  
Old 03-19-2008, 09:43 AM
Randolph Kinney Randolph Kinney is offline
 
Join Date: Apr 2005
Location: SoCal
State: California
Professional Status: Certified Residential Appraiser
Posts: 11,210
Default

I have read, reviewed and signed. Where do I email it to?
  #7  
Old 03-19-2008, 09:44 AM
joe huffman joe huffman is offline
 
Join Date: Sep 2004
Location: Holt-Jesse James County
State: Missouri
Professional Status: Certified General Appraiser
Posts: 257
Default

Appears someone is looking for a job....
  #8  
Old 03-19-2008, 09:45 AM
PropertyEconomics's Avatar
PropertyEconomics PropertyEconomics is offline
 
Join Date: Jun 2007
Location: Central New Mexico
State: New Mexico
Professional Status: Certified General Appraiser
Posts: 13,025
Default

Quote:
Originally Posted by Pamela Crowley (Florida) View Post
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.

WOW the document was delivered without other appraisers having input?
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  #9  
Old 03-19-2008, 09:48 AM
JT1974's Avatar
JT1974 JT1974 is offline
 
Join Date: Dec 2006
State: Wisconsin
Professional Status: Certified General Appraiser
Posts: 1,655
Default

Looks to me like you guys spent quite a bit of time hammering out that proposal. Nice job.
  #10  
Old 03-19-2008, 09:48 AM
Tudor Tudor is offline
 
Join Date: Aug 2006
State: Arizona
Professional Status: Certified Residential Appraiser
Posts: 748
Default

Quote:
Originally Posted by PropertyEconomics View Post
WOW the document was delivered without other appraisers having input?
The document states "And special thanks to the hundreds of Appraisers who have contributed support and ideas to this proposal"
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