Great letter. The points made are solid, and for those shills who keep crowing, "it's all about fees", if you are capable of shame, then feel it, because the appraisal profession did not just get attacked from without, it got undermined from within.
Prior to the housing market crash, appraisers signed a petition about mortgage broker pressure ( which was ignored, as is our input now) but the point is that the petition had nothing to do with fees, in fact it was at the expense of our livelihood that many of us signed it. But now, there is an intersection of fees and the concern over market impacts- which a certain set of appraisers exploited to discredit any arguments against the changes (It's just about fees ! ) Congratulations, your undermining of the profession from within was successful. We know who you are, and you know who you are.
We can write and support this man or sign a petition or contact agencies though I doubt it would do much good. Our petition back then was ignored, and correction only took place after the housing market imploded, and we saw how that worked out. I hope that now, the good appraisers stay and the weaker appraisers leave if the lack of volume decimates the ranks, but there is no way to control that and with the low fee AMC model being a Darwinian selector in the wrong direction, I fear it might be the reverse.
