• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Has Anybody Heard from Dow Jones Newswire Reporter ?

Status
Not open for further replies.

Joe Birrell (NY)

Thread Starter
Member
Joined
Jan 16, 2002
I received an e-mail from a Dow Jones Newswire reporter, Christine Richard. She is writing a story on lender pressure. She apparently read
the postings from "We Must Start Policing Our Own" (by Quark).

It seems this forum has attracted the attention people who are not
appraisers.

There is a parallel between what is happening on Wall St with the accountants and appraisers.
 

Neil (Texas)

Sophomore Member
Joined
Jan 16, 2002
Professional Status
Certified General Appraiser
State
Texas
7/08/02 Wall Street Journal had an editorial about the increasing (bubble) value of homes. Also mentioned lenders using certain appraisers because they hit the numbers (my wording, not WSJ).
 

Jim Bartley

Senior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
There is at least one big difference I see between what is going on with Wall Street and the lender pressure we face everyday. The former is generally seen as "bad" and "illegal", even by the participants...they know they have broken the law. What I see in lender pressure is an ingrained attitude that this is just part of doing business. This attitude is throughout the industry...appraisers and lenders. You either hit the number/ignore the condition or you don't get any work.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks