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Allegations of Appraiser racism

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Of course, in a short article like that, the case is presented as cut-and/dried.

We think there must be more to the story.
The “story“ is an extremely poor example of Journalism. Matter of fact, it’s less than Enquirer quality. What it is - is a politically correct and sensational hot potatoe
 
Who cares how diverse AMCs are.

XVI.Third Party Arrangements
An institution that engages a third party to perform certain collateral valuation functions on its behalf is responsible for understanding and managing the risks associated with the arrangement. An institution should use caution if it engages a third party to administer any part of its appraisal and evaluation function, including the ordering or reviewing of appraisals and evaluations, selecting an appraiser or person to perform evaluations, or providing access to analytical methods or technological tools.

An institution is accountable for ensuring that any services performed by a third party, both affiliated and unaffiliated entities, comply with applicable laws and regulations and are consistent with supervisory guidance.32 Therefore, an institution should have the resources and expertise necessary for performing ongoing oversight of third party arrangements.

https://www.FDIC.gov/news/financial-institution-letters/2010/fil10082a.pdf

it is all about risk. ask CRN :rof: :rof: :rof:
 
XVI.Third Party Arrangements
An institution that engages a third party to perform certain collateral valuation functions on its behalf is responsible for understanding and managing the risks associated with the arrangement. An institution should use caution if it engages a third party to administer any part of its appraisal and evaluation function, including the ordering or reviewing of appraisals and evaluations, selecting an appraiser or person to perform evaluations, or providing access to analytical methods or technological tools.

An institution is accountable for ensuring that any services performed by a third party, both affiliated and unaffiliated entities, comply with applicable laws and regulations and are consistent with supervisory guidance.32 Therefore, an institution should have the resources and expertise necessary for performing ongoing oversight of third party arrangements.


it is all about risk. ask CRN :rof: :rof: :rof:

We are going to have to make you and Meandering the AF regulation czars. Every time you expose the two-tier justice system we operate under; silence enters the building.
 
We are going to have to make you and Meandering the AF regulation czars. Every time you expose the two-tier justice system we operate under; silence enters the building.
Silence because the constant ranting about the "two-tier" justice system has nothing to do with the thread. What does the diversity of AMCs or TAF have to do with appraisers being accused of racism. The above mentioned seem to always try to connect every thread with the "two-tier" justice system. I would venture to guess. That not a single member of this forum does not know that certain individuals hate AMCs, lenders, regulators, etc. We got it.
 
you post no laws regulations and assume that the partnerships mean nothing. sorry i offended proteck. do you do desktops for them :rof: :rof: :rof:
 
Silence because the constant ranting about the "two-tier" justice system has nothing to do with the thread. What does the diversity of AMCs or TAF have to do with appraisers being accused of racism. The above mentioned seem to always try to connect every thread with the "two-tier" justice system. I would venture to guess. That not a single member of this forum does not know that certain individuals hate AMCs, lenders, regulators, etc. We got it.

But we to continue to rant until justice is served. The funny thing about truth is that it always comes out; it's in its very nature to do so. We are just helping the cause along.
:giggle:
 
the buck never stops at revaa or TAF or gses or crn or AI. it is just the unwoke independent white hillybilly deporable that are the racists. slow boring repetitive :rof: :rof: :rof:
 
the buck never stops at revaa or TAF or gses or crn or AI. it is just the unwoke independent white hillybilly deporable that are the racists. slow boring repetitive :rof: :rof: :rof:

There a protected class of citizens.
 
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