Corelogic Just Acquired Alamode

[timd354]

James Chatham serves on FA Title and Corelogic boards

Better check your facts Terrel, while he is on the CoreLogic Board, James Chatham (J David Chatham) and while he did served on the First American Board prior to the 2010 spinoff of CoreLogic has not served on the First American board since 2009 and is not listed as a current member of the board of directors for First American either on the First American corporate web site, by Morningstar, or in the most current annual report which was filed with the SEC on Feb 16, 2018:

 

[lefty2cox]

First of all, I owned a small appraisal business for 7 or 8 years before I went into the secondary market, so I know all about the challenges of running such a business. Secondly, you seem to have a misunderstanding of what the Mercury Network did and does. It does not operate in the appraisal management space and it is not an AMC...it is simply a platform that allows lenders who do not use AMC's to find, solicit and engage independent appraisers. If you had not been too busy foaming at the mouth and berating some poor phone jockey at ala mode, maybe you would have been able to figure that out.

When was that? Right. I thought so.

I have clients. I provide them a service. I direct them to the mercury network. Mercury network then offers them several other options for service. How is that not competing with me? They used one appraiser, me. All of the sudden they have thousands to chose from. How is that not competition?

You failed. You couldn't make it as a business owner. If you could, you would have remained there. Instead, you bailed. You became the employee of a secondary market participant. You just didn't have the stomach for it. You're not a bad person. You're just not relevant to this discussion.

 

[Terrel L. Shields]

WS Journal. If not current, was on board? So are you saying they never talk?

Chatham Holdings Corp., CoreLogic, Inc., First American

Better check

 

[timd354]

WS Journal. If not current, was on board? So are you saying they never talk?

Chatham Holdings Corp., CoreLogic, Inc., First American

He was on the First American Board up to 2009, which is before CoreLogic was spun off in 2010....from the records that I have seen, he has never served on the First American board in the almost 8 years since CoreLogic was spun off. He is an outside director who is a real estate developer and builder in Atlanta. The fact that he served on the First Am board 9 years ago before CoreLogic was spun off is not proof of some grand conspiracy or evidence that CoreLogic and First American are colluding on anything.

Facts are not as fun as massive conspiracies, but facts are what they are.

 

[Michigan CG]

Michigan,

You need to realize that is just simply not true. You DO NOT need appraisers to feed the beast. Anyone can do that.

WHO is going to feed the beast other than MLS systems and assessor records? Appraisers feeding the beast daily with reports is the most efficient way to gather the data; there is nothing else better.

 

[timd354]

When was that? Right. I thought so.

I have clients. I provide them a service. I direct them to the mercury network. Mercury network then offers them several other options for service. How is that not competing with me? They used one appraiser, me. All of the sudden they have thousands to chose from. How is that not competition?

You failed. You couldn't make it as a business owner. If you could, you would have remained there. Instead, you bailed. You became the employee of a secondary market participant. You just didn't have the stomach for it. You're not a bad person. You're just not relevant to this discussion.

I made very good money when running my own small business but moved on because I was truthfully bored with appraising properties everyday and was looking for a different challenge. Thus, when I was presented with a very good opportunity, which then turned into a latter opportunity to join a small, new company, with all of the challenges and rewards that go with that, I took it. If that makes you a failure in your eyes, so be it, but I am doing exremely well for myself and am quite satisfied with where I am in both life and my career.

By the way, that small, new company I joined about 7 years ago now insures a portfolio of mortgage loans that is in excess of $100 billion and I am the chief of valuations for that company, so I think it worked out okay for someone who apparently failed..

 

[Michigan CG]

You failed. You couldn't make it as a business owner. If you could, you would have remained there. Instead, you bailed. ....................You just didn't have the stomach for it.

Stop with the insults, it is childish and unprofessional.

 

[lefty2cox]

Stop with the insults, it is childish and unprofessional.

Michigan,

Maybe before you attack me, as much as I personally despise homework assignments, go back and check out Tim's posts. They consist of insulting attacks on members for simply posting their opinions and observations about our industry.

This joker has added nothing to any discussion on this forum. Do the research.

 

[lefty2cox]

WHO is going to feed the beast other than MLS systems and assessor records? Appraisers feeding the beast daily with reports is the most efficient way to gather the data; there is nothing else better.

Jesus Michigan...that's the biggest "who" I've ever seen. Why is it so big?

Your lack of understanding of that concept does not compel me to explain it to you. I'm sure there are many on this thread who understand it and don't require me to work for free and educate them.

Maybe if you came with a regular sized "who", I would enlighten you.

 

[lefty2cox]

I made very good money when running my own small business but moved on because I was truthfully bored with appraising properties everyday and was looking for a different challenge.

Right...we all believe that. You were just "bored" with running a "successful" business and decided to do something more exciting like going to work for a secondary market participant.

What about that law degree? Were you bored with that too?