AQB Update On Proposed Changes To Appraiser Qualifications

[djd09]

Where did they go. Where is that above grade basement definition.

I know in my appraisal class they never talk about independent anymore. See it is working George.

 

[Eli]

I predict that if/when the clients start accepting "did not inspect" signatures by the supervisors for a significant percentage of assignments there will be plenty of trainee slots opening up. Mostly consisting of individual appraisers leveraging their signatures.

What is your opinion of what will happen when separation of fees occurs by a jurisdiction?

 

[Joe Flacco]

And there it is...finally.

There is what finally?

This whole AQB topic is about where are new appraisers going to come from. Who is going to train them. What I am getting at is stop trying to roll the requirements back but just go train appraisers where it is feasible. Appraisers don't want to train new appraisers in the pot states? Then they should just go open local offices and train.

I haven't seen many of your posts but you seem to be very closed minded and without any imagination.

 

[gregb]

What is your opinion of what will happen when separation of fees occurs by a jurisdiction?

Semi-appraiser embarrassment: AMC $550 Appraiser $350

 

[djd09]

And there it is...finally. Simple Simon. I mean, why didn't you just say this outright from the get go pages ago?

Led by a MAI-SRA Chief. See how it works.

 

[George Hatch]

i see you're still having trouble comprehending the awith the meaning of the term Appraiser independence.

I hope appraisers will not be so short sighted. Unless volume increases due to a new product need, appraisal order volume future looks to be shrinking, with a small, but viable portion of appraisals no longer needed due to the Fannie and Freddie Waiver program plus any additional future shifts to alternate products or lower paying bifurcated work..

Which means those hiring trainees running around to inspect, will soon find themselves competing with these trainees as soon as they become licensed for a dwindling amount of orders. Any short term income gain due to an appraiser "leveraging their signature". will result in long term pain

I don't disagree with any of that. It would be short sighted. Of course, under The-State-Must-Protect-Us theme you'd have to lobby Fannie (I guess) to outlaw the shortcut. Before it happens.

Now would not be too soon to start, if you are so inclined.

 

[djd09]

I have no trouble understanding the word independent or bias.

But make up a different definition to fit the agenda.

 

[George Hatch]

What is your opinion of what will happen when separation of fees occurs by a jurisdiction?

Are you referring to fee disclosures or are you referring to actual legislation that outlaws an AMC from quoting bundled fees to the lenders?

 

[Evincere]

There is what finally?

I haven't seen many of your posts but you seem to be very closed minded and without any imagination.

I read where you wrote you were in Maryland, but are you sure....you're not in a pot state?

 

[djd09]

see you're still having trouble comprehending the awith the meaning of the term Appraiser independence.

Post your definition. It is good for a laugh.