What does use your words mean? And when explaining it, please use your words.
I’ll use your example, who do you think parea benefits? Who do you think lobbied for that? Who do you think lobbied for everything that just got a free pass? Who do you think lobbied to change and twist USPAP into whatever they wanted it to mean to sort of, maybe, kind of, allow hybrids? Come on, this is too easy.
Practicum experience (of which PAREA is an example) has been part of the AQB criteria for many years, predating the HVCC. The Appraisal Institute (or at least some of its most prominent members) has been among the advocates for that all along. Not to mention the point that the AI is now running a PAREA program of their own. Whereas TAF does not sell a PAREA program or any other QE/CE for licensing to appraisers or trainees.
The graying of the industry and running out of appraisers has been a frequent topic of discussion for many years. Attributing all of that to the AMCs is just wishful thinking. Yes the effects of an oversupplied market are of effect on their operations and profit margins but the lenders are at least as much a beneficiary as the AMCs.
There's nothing in USPAP that would ever have prevented desktop SOW or hybrids or 3rd party inspections. I was doing no-inspection appraisals all the way back when, and I was never in danger of getting into trouble with my state licensing regulator for it. The conventional SFR lenders could have done it in 1990 if they had realized they could do it. USPAP didn't change to enable hybrids or desktops or 3rd party inspections or "data collection". What changed was the user requirements. You're blaming USPAP for the choices the lenders - and the GSEs - are making. Fannie required and now Fannie is rescinding. As is their right.
Nor could USPAP prohibit appraisers from performing no-inspection appraisals even if the ASB had chosen to attempt it. Appraisers have been doing no-inspection appraisals all along, just not for most of the mortgage lending assignments. Again by the choice of the lenders and the GSEs.
----------------
When you say the profession is in a shambles what you're really saying is that the business conditions for fee appraisers is in decline; getting squeezed by a combination of the changes the technology is enabling as well as the decline of demand for appraiser hours. You SAW what happened to fees back when the demand outstripped the supply for a few months a couple years back. If we could shed another 30% of the excess productivity we could see those fees again.
In anything, you should hope the new UAD results in more appraisers quitting the GSE pipelines so as to bring the supply into closer balance with the demand and thereby increasing the fees.
What you're not saying is that the current standards are inadequate to purpose WRT getting a usable appraisal. You're not saying that because you can't say that. Now if you want to say the states aren't enforcing those standards or the lenders aren't demanding enough compliance with those standards then thats a criticism of the enforcement of those standards, not a criticism of the standards themselves.
Speaking of, If you and I are both critical of PAREA then that STILL comes down to user discretion. Just because a noob appraiser has a license or cert doesn't mean the lenders are compelled to do business with them. The lenders can boycott those appraisers until they accrue more IRL experience just like they did when they cut off the SL appraisers some years back.
