AMA

[djd09]

try the ignore button...

 

[timd354]

i know...i know...you love appraisal modernization

I make no judgment either way about "appraisal modernization". If it is properly implemented and results in collateral risk that is equal to or lower than it is currently, then I am fine with it. If it is poorly implemented and executed and results in increased collateral risk, then that will be a problem in my view. Of course, my judgment of how works out will be evidence-based and not based on weather it sends me more business, since I am no longer am in the fee-based mortgage-lending appraisal business. I get why guys like you are running scared though, a lot of your business is being taken over by automation and things you cannot control and the mortgage lending appraisers who survive the coming changes are going (by neccessity) to have much greater analytical skills than someone like yourself.

 

[glenn walker]

try the ignore button...

Please At least use your real name when slandering or attacking others it's way more ethical and moral and honest.

 

[chad hampton]

Wells Fargo Fires Loan Officers Accused Of Abusing Appraisal Waivers​

Wells Fargo Fires Loan Officers Accused Of Abusing Appraisal Waivers

Wells Fargo has been cracking down on loan officers in the past few weeks over allegations of widespread abuse of appraisal waivers in the past two years.

nationalmortgageprofessional.com

fraud? what fraud?

I was just gonna respond to our non-appraiser loan officer friend, and say no fraud, except for the folks at Wells Fargo accused of waiver fraud?

 

[chad hampton]

If you don’t think **** is being fudged to try to get waivers, you got your head in your ***. Or you have no understanding of how commissioned based loan offices work.

 

[djd09]

who am i slandering...someone should tell warnock that appraisers do not approve or deny loans...and number hitting is strictly prohibited

 

[djd09]

I was just gonna respond to our non-appraiser loan officer friend, and say no fraud, except for the folks at Wells Fargo accused of waiver fraud?

waivers are like money from heaven and hitting the lottery at the same time (for them)...the mortgage brokers have to be laughing their undies off while they stick in some random number that makes the LTV just right

 

[Dublin ohio]

I was just gonna respond to our non-appraiser loan officer friend

Serious question, who would that be