copywriting

[Vernon Martin]

So, how much money are each of you making each year as a result of your copyrighting?

 

[Joyce Potts]

So, how much money are each of you making each year as a result of your copyrighting?

Why aren't you asking how much money the data miners are making off of it? Why aren't you asking if all that data is being used to populate AVM data bases that directly competes with the residential AND (SOON TO BE) COMMERCIAL APPRAISERS?

 

[George W Dodd]

Vernon,

Why is the money the issue? Pete sake we're appraisers if money was the point we get different jobs!

 

[DWiley]

why is the appraiser subject to state appraisal board prosecution if they register their reports with the copyright office, yet the data miners who mine that data from those 'proprietary' reports for which they are supposedly only serving as a conduit or middle man, yet re-package it, distribute it to other sources and/or the profit from it, ARE NOT?

Two reasons. State Boards have jurisdiction over appraisers granted credentials by the State Board. They have no such jurisdiction over database companies.

Also, an appraiser who publicly publishes assignments results without permission violates USPAP.

A database company that reads data from reports, just as the client has requested, has done nothing contrary to USPAP.

DW

 

[Joyce Potts]

Two reasons. State Boards have jurisdiction over appraisers granted credentials by the State Board. They have no such jurisdiction over database companies.

Also, an appraiser who publicly publishes assignments results without permission violates USPAP.

A database company that reads data from reports, just as the client has requested, has done nothing contrary to USPAP.

DW

That's correct, Mr. Wiley. The state boards do not have jurisdiction over AMC's, AVM's or data miners, despite the fact that millions of dollars in loans are made on these products and practices--which is something that also needs to be addressed within this upcoming wave of overdue lending and appraisal reforms.

Ok, so the appraisers who files their reports with the US Copyright Office are in violation of USPAP. Which came first and which trumps? Again, I'm sure it will be decided by the courts. That said, last I checked copyright was a fundamental right granted under the U.S. Constitution. USPAP is--well, it's USPAP. If they're found to be conflicting, we can only speculate as to which would trump.

You really give a lot of credibility to USPAP, yet, despite its existence and evolution over the last few years, it hasn't really done much to curb mortgage or appraisal fraud, given the big picture. Now why is that?

How convenient that the appraiser could possibility be guilty of a violation of USPAP by registering with the U.S. Copyright office, but the middleman data miner is free to pilfer, rape and pillage that same information, distribute it for free or profit yet has absolutely broken no laws whatsoever.

 

[Vernon Martin]

Still searching for a reason

Why aren't you asking if all that data is being used to populate AVM data bases that directly competes with the residential AND (SOON TO BE) COMMERCIAL APPRAISERS?

I don't ask because I worked in the AVM industry until 2005 and nowhere was anybody data mining to produce AVMs. I worked with the AVMs at SiteX, Countrywide and First American. The only company data mining appraisals is FNC, and they don't produce an AVM. They use the data to improve their database, which benefits all appraisers who subscribe to Data Express.

For people who want to become better informed on AVMs, there is a free monthly AVM newletter put out by Wells Fargo. Contact Perry Minas at minasp@wellsfargo.com, but please be polite. The AVM News will tell you what developments are happening at each AVM company.

There is also an annual Predictive Methods Conference during the summer in Orange County, California, where the latest methods are discussed.

I was hoping that you would instead tell me how to make money with copyrights.

 

[DWiley]

Which came first and which trumps?

Another softball, the Constitution, of course. Copyright is based on fundamental language in the Constitution. However, registration is not required to have those rights, only creation of a work. If the law mandated registration, then one might cite a Jurisdictional Exception, but registration is not mandated. We all have copyright protection on the reports we write, even if we have never registered any of them.

You really give a lot of credibility to USPAP, yet, despite its existence and evolution over the last few years, it hasn't really done much to curb mortgage or appraisal fraud,

Fair enough. What has? And what does this have to do with copyright?

...but the middleman data miner is free to... distribute it for free or profit...

Appraisers had a golden opportunity to be in this game, but chose instead to sit on the sidelines and throw barbs at those trying to put them in the game.

 

[Workbox]

They did not sit on the side lines, they spoke, but were ignored.

 

[Carnivore]

Ok, so the appraisers who files their reports with the US Copyright Office are in violation of USPAP. Which came first and which trumps? Again, I'm sure it will be decided by the courts. That said, last I checked copyright was a fundamental right granted under the U.S. Constitution. USPAP is--well, it's USPAP. If they're found to be conflicting, we can only speculate as to which would trump.

Joyce,

Danny is wrong asserting this. Your are correct. He is just muddying up the waters with his opnion, Just as I do.

 

[Pamela Crowley (Florida)]

I have a copy of some paperwork showing that First American eAppraiseIT sends reports, after being converted into AIReady, to FNC.

Anybody want to talk about this?