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filing suit to amend Fannie/freddie agreement

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Diego Lopez

Thread Starter
Member
Joined
Sep 11, 2006
Professional Status
Certified Residential Appraiser
State
Florida
we can file suit claiming the fannie/freddie agreement is monopolistic. Maybe we can get it ammended to something more beneficial to the independent fee appraiser.

This takes money and everyone will have to chip in. I'm willing to put up some money seeing as this may put me out of business. Is anyone else interested?
 

Diego Lopez

Thread Starter
Member
Joined
Sep 11, 2006
Professional Status
Certified Residential Appraiser
State
Florida
If we get enough people together, We'll contact a lawyer in NY and we'll get the ball rolling.
 

Mike Kennedy

Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
Diego - patience.........it isn't over till it's over......... keep watching AF.
 

Marcia Langley

Senior Member
Joined
Aug 26, 2005
Professional Status
Certified Residential Appraiser
State
Missouri
If you don't get your lawsuit together, you should concentrate on sending comments to Cuomo and the OFHEO during the 90 day comment period. That's your chance.
 

J Adair

Freshman Member
Joined
Jun 28, 2007
Professional Status
Certified Residential Appraiser
State
Maryland
Contact a law firm and see if they are interested in taking on the powers that be for the exposure. It would be great exposure for the right firm. Pay the Lawyers now or keep paying the AMCs forever!
 

Karl

Elite Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Arizona
I hear there is a TERRIFIC one with an incrediable success record Last name starts with a S.
 

Midwest Guy

Senior Member
Joined
Dec 12, 2006
Professional Status
Certified Residential Appraiser
State
Missouri
New York atty is not needed. A lawyer specializing in Sherman Anti Trust would be sufficient, anywhere in the country. This would be a Federal suit, but I have not seen one organization groan about this. :shrug:

Another less expensive option, friend of court briefings filed with the suit being filed with National Association of Mortgage Brokers.

Bottom line, we are SOL!

If we get enough people together, We'll contact a lawyer in NY and we'll get the ball rolling.
 
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