Appraisal Bias

[djd09]

The use of borrower-engaged appraisals for GSE and related residential assignments was prohibited 30+ years ago. Long before you took your first Appraisal 101 course.

squeal squeal piggy piggy...didn't they get what they ordered

 

[George Hatch]

I wouldn't say never, but if that had predominantly been the case then the MBs wouldn't have complained as much as they did about losing control over the appraisers.

 

[djd09]

They sealed the amount of damages paid to Plaintiffs but some say it was in excess of $500K. Appraisers career is over .

they should of sued the lender...they are responsible for the selection of the appraiser...oh never mind it was probably jpepstien

 

[George Hatch]

I think the lender did get sued and they also settled out of court.

 

[djd09]

oh ok...link? jpepstien is a proud sponsor of TAF #icantstoplaughing

 

[Mejappz]

they should of sued the lender...they are responsible for the selection of the appraiser...oh never mind it was probably jpepstien

If Jpepstien got a fine, it was probably less than pocket change. He probably paid it with a smile and a wink.

 

[djd09]

the unethical stakeholders are going to teach us about morals. tie you to a chair and play lowballed on loop

 

[Mejappz]

Ethics and morals are for the peasants; get with the program.

 

[djd09]

yep two sets of rules...do not cheat lie or be unethical, they hate competition

 

[Mejappz]

jpepstein paid Abby Horton a measly 50K. That’s probably how much he spends in one night with the thirteen-year-olds in Costa Rica.