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AMC hires Convicted Felon as Property Data Collector
- Thread starter Mejappz
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Surf Cat
Elite Member
- Joined
- Apr 21, 2003
- Professional Status
- Certified Residential Appraiser
- State
- California
They're in head to head competition with Clearly Crappital LOL
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ucbruin
Elite Member
- Joined
- Mar 11, 2014
- Professional Status
- Certified Residential Appraiser
- State
- Massachusetts
When it comes to unhappy borrowers....
Isn't the usual consensus opinion of this forum: the borrowers are really just complaining about a lower than expected appraised value....
It is, right....
Isn't the usual consensus opinion of this forum: the borrowers are really just complaining about a lower than expected appraised value....
It is, right....
jay trotta
Elite Member
- Joined
- Feb 8, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Connecticut
BGC - is only as good as the person it's being done on. Similar to Ethics, it can't be taught.
As far as the bank robber, he was just gathering money for court costs. The question is did he actually have an appraisers license or did he steel one? Theft of licenses has been around for a long time, if I remember, there were a few that produced work for various companies, some for a few months and some for years. BGC no guarantee about anyone, what about Smells Fartgo, all their employees have BGC??
As far as the bank robber, he was just gathering money for court costs. The question is did he actually have an appraisers license or did he steel one? Theft of licenses has been around for a long time, if I remember, there were a few that produced work for various companies, some for a few months and some for years. BGC no guarantee about anyone, what about Smells Fartgo, all their employees have BGC??
Zoe
Elite Member
- Joined
- Sep 15, 2020
- Professional Status
- Certified General Appraiser
- State
- Tennessee
Why do you think many real estate agents hook their client by saying you need to ask this much knowing all the time that it is not worth that much?When it comes to unhappy borrowers....
Isn't the usual consensus opinion of this forum: the borrowers are really just complaining about a lower than expected appraised value....
It is, right....
jay trotta
Elite Member
- Joined
- Feb 8, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Connecticut
From, The Street;
Scandal and controversy seem to follow Wells Fargo (WFC) - Get Free Report like a dark shadow that never leaves.
Seems like every year, there's a major problem involving the bank, that can make people think twice about doing business with the financial institution.
In December 2022, the U.S. Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in consumer redress, as well as a $1.7 billion civil penalty, for a series of actions including misapplied loan payments, improper home foreclosures, illegally repossessed vehicles and surprise overdraft fees.
In October 2022, Sen. Elizabeth Warren (D-Mass.) published a report describing "rampant fraud and theft" through the digital payments network app Zelle, which operates through a partnership of Wells Fargo, Bank of America, JPMorgan Chase, Capital One, U.S. Bank, PNC Bank and Truist.
According to data provided by four banks using Zelle, $90 million in customer money was taken by scams and fraud claims in 2020, and losses were on pace to go over $255 million in 2022.
Warren's report focused on Wells Fargo as a bank where fraud involving Zelle was particularly prevalent, as the number of fraudulent transfers rose 2.5 times between 2019 and 2022. The senator further said that the bank "attempted to mislead" by capping the data it provided in 2021.
So let me understand the purpose of the lowly appraiser BGC ??
Scandal and controversy seem to follow Wells Fargo (WFC) - Get Free Report like a dark shadow that never leaves.
Seems like every year, there's a major problem involving the bank, that can make people think twice about doing business with the financial institution.
In December 2022, the U.S. Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in consumer redress, as well as a $1.7 billion civil penalty, for a series of actions including misapplied loan payments, improper home foreclosures, illegally repossessed vehicles and surprise overdraft fees.
In October 2022, Sen. Elizabeth Warren (D-Mass.) published a report describing "rampant fraud and theft" through the digital payments network app Zelle, which operates through a partnership of Wells Fargo, Bank of America, JPMorgan Chase, Capital One, U.S. Bank, PNC Bank and Truist.
According to data provided by four banks using Zelle, $90 million in customer money was taken by scams and fraud claims in 2020, and losses were on pace to go over $255 million in 2022.
Warren's report focused on Wells Fargo as a bank where fraud involving Zelle was particularly prevalent, as the number of fraudulent transfers rose 2.5 times between 2019 and 2022. The senator further said that the bank "attempted to mislead" by capping the data it provided in 2021.
So let me understand the purpose of the lowly appraiser BGC ??
Zoe
Elite Member
- Joined
- Sep 15, 2020
- Professional Status
- Certified General Appraiser
- State
- Tennessee
I agree, but these people need to be licensed. The State will run a background check before they can get a license.From, The Street;
Scandal and controversy seem to follow Wells Fargo (WFC) - Get Free Report like a dark shadow that never leaves.
Seems like every year, there's a major problem involving the bank, that can make people think twice about doing business with the financial institution.
In December 2022, the U.S. Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in consumer redress, as well as a $1.7 billion civil penalty, for a series of actions including misapplied loan payments, improper home foreclosures, illegally repossessed vehicles and surprise overdraft fees.
In October 2022, Sen. Elizabeth Warren (D-Mass.) published a report describing "rampant fraud and theft" through the digital payments network app Zelle, which operates through a partnership of Wells Fargo, Bank of America, JPMorgan Chase, Capital One, U.S. Bank, PNC Bank and Truist.
According to data provided by four banks using Zelle, $90 million in customer money was taken by scams and fraud claims in 2020, and losses were on pace to go over $255 million in 2022.
Warren's report focused on Wells Fargo as a bank where fraud involving Zelle was particularly prevalent, as the number of fraudulent transfers rose 2.5 times between 2019 and 2022. The senator further said that the bank "attempted to mislead" by capping the data it provided in 2021.
So let me understand the purpose of the lowly appraiser BGC ??
Meandering
Elite Member
- Joined
- Feb 26, 2006
- Professional Status
- Real Estate Agent or Broker
- State
- Pennsylvania
PDC doesn't pay enough for people to pay license fees for the privalege of maybe clearing $5 and less, an hour, after expenses, occassionally. Cause it aint a "full-time" year round job.
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