Of course, they are not coming out and sending out a statement saying, "It has come to our attention that Appraisal Loft has shafted appraisers out of hundreds of thousands of dollars nationwide. We are in the process of working at the state and national levels, including with the local AG, on this matter; it will be solved by the end of the week.
But they could have easily said, "It has come to our attention that Appraisal Loft has shafted appraisers out hundreds of thousands of dollars nationwide. We are in the process of working at state and national levels, including with the local AG; on this matter, we will keep our members updated on the situation as soon as we have more information on the case.
Did they do anything of the sort? Did they send out a newsletter or e-mails to their members telling of the potential danger? Did they name the Appraisal Lofts clients ** by name** in any of their publications? They did nothing of the sort.
So yes, they are misleading their members into thinking they are doing anything meaningful for their members, whether that be financial attacks and slanders by Marxist organizations or a complete takeover of the residential industry by the GSEs, etc.
As far as the membership is concerned. It doesn't matter; the point is they have not been able to replenish their old, retired members with new ones. That is a sign of poor management, and it would get a CEO or president of any significant corporation fired in an instance. I have work to do, So I'm sorry, but I can't carry on with the conversation.