AQB's latest dumbing down by 'Stakeholders' Dropping the College Degree Requirement

[Mark K]

I don;t need to read teh post-mortem books because I have to ask where these people were when it was happening? Silent? .... Dont; n't need to read it-

Talk about a "don't bother me with the facts" attitude.

Maybe if you read a bit more you'd understand what happened. We all lived thru the meltdown and viewing it from only tiny bit of one side of things doesn't begin to give anyone the entire picture of what happened. Bad appraisals are barely worth a footnote in the overall scheme of that disaster.

if you find the idea of reading so abhorrent at least watch the movie "The Big Short". And yeah, its based on a book. Maybe you'll get a clue about the real causes. Maybe that will open your eyes a bit.

The vast majority of the foreclosed homes had perfectly credible appraisals in their files. Didn't help a bit. A good or bad appraisal didn't matter back then and they don't matter today. I think the lenders have realized this and want to remove any cumbersome appraisal from the process, and they are succeeding. As soon as F/F removes the appraisal checkbox from the process, a lot of res appraisers will be completely out of work instead of just having a slow year.

 

[J Grant]

Talk about a "don't bother me with the facts" attitude.

Maybe if you read a bit more you'd understand what happened. We all lived thru the meltdown and viewing it from only tiny bit of one side of things doesn't begin to give anyone the entire picture of what happened. Bad appraisals are barely worth a footnote in the overall scheme of that disaster.

if you find the idea of reading so abhorrent at least watch the movie "The Big Short". And yeah, its based on a book. Maybe you'll get a clue about the real causes. Maybe that will open your eyes a bit.

The vast majority of the foreclosed homes had perfectly credible appraisals in their files. Didn't help a bit. A good or bad appraisal didn't matter back then and they don't matter today. I think the lenders have realized this and want to remove any cumbersome appraisal from the process, and they are succeeding. As soon as F/F removes the appraisal checkbox from the process, a lot of res appraisers will be completely out of work instead of just having a slow year.

I have a good idea about what happened, and I have read numerous articles on it. You are entitled to your opinion that over-inflated valuations had no impact. I believe they did. My are and state was far more affected by it than yours was.

 

[Mark K]

I have a good idea about what happened, and I have read numerous articles on it. You are entitled to your opinion that over-inflated valuations had no impact. I believe they did. My are and state was far more affected by it than yours was.

I understand completely. You know everything you need to know.

 

[J Grant]

Talk about a "don't bother me with the facts" attitude.

Maybe if you read a bit more you'd understand what happened. We all lived thru the meltdown and viewing it from only tiny bit of one side of things doesn't begin to give anyone the entire picture of what happened. Bad appraisals are barely worth a footnote in the overall scheme of that disaster.

if you find the idea of reading so abhorrent at least watch the movie "The Big Short". And yeah, its based on a book. Maybe you'll get a clue about the real causes. Maybe that will open your eyes a bit.

The vast majority of the foreclosed homes had perfectly credible appraisals in their files. Didn't help a bit. A good or bad appraisal didn't matter back then and they don't matter today. I think the lenders have realized this and want to remove any cumbersome appraisal from the process, and they are succeeding. As soon as F/F removes the appraisal checkbox from the process, a lot of res appraisers will be completely out of work instead of just having a slow year.

How did he work? Do you know that the vast majority of foreclosed homes had perfectly credible appraisals in their file? You read all those files lol?

You just are assuming that was the case.
I read numerous articles about the crash and am very familiar with the way the predatory lending and exotic loan terms fed into it. Your state was barely affected, having lower prices and a more stable population. Texas, FL, Arizona, California, and certain other states were very affected by the housing price collapse and RE market collapse.

 

[djd09]

if fall was a mortgage broker....i would not walk away....i would run

 

[Francois K. Gregoire]

why dont they come on here and comment...

The AQB asks questions and makes a request for answers. Silly me, I forgot, no answers from you.

Folks with an understanding of the English language would be able to read and comprehend the AQB has not yet proposed anything. Answers to their questions, and comments provided by interested parties will assist in their decision making, including changes to the criteria, if any.

Peace to you and yours.

 

[djd09]

The AQB asks questions and makes a request for answers. Silly me, I forgot, no answers from you.

Folks with an understanding of the English language would be able to read and comprehend the AQB has not yet proposed anything. Answers to their questions, and comments provided by interested parties will assist in their decision making, including changes to the criteria, if any.

Peace to you and yours.

light shines in darkness...and darkness cannot comprehend it...do you know fall?

 

[Mark K]

. Your state was barely affected, having lower prices and a more stable population.

Barely affected? This is where you are showing your ignorance, again. This state was seriously affected with 10's of thousands of foreclosures.

 

[Mark K]

How did he work? Do you know that the vast majority of foreclosed homes had perfectly credible appraisals in their file? You read all those files lol?

No I didn't read the files and neither did you. But I did READ several books about the subject. Appraisals weren't even a drop in the bucket in the problem. Try reading something other than Huffington Post or MSNBC some day. You might learn enough actual facts about a subject to make an informed statement.

 

[Terrel L. Shields]

The Appraisal Foundation new appointees to Board of Trustees for terms beginning January 1, 2025: David Beard, Krysta Gerstner, Perri Guthrie, Chris Rosenthal, Bilal Shareef, and Steve Sherman.

View attachment 87693

Hmmm. 33% white, 33% female, 33% black...that's what I call real representative. Where are the token Hispanic and Transgender? I mean we need a slot for other groups, like the Marshallese? Native Americans? Hermaphrodites? Eneuchs? One-legged enema freaks?