HVCC destined to go to Court

[panappr]

From the Wall Street Journal today. Read comments regarding the article.

http://blogs.wsj.com/law/2008/05/08...ix-destined-for-court/?mod=WSJBlog/trackback/

 

[Greenback]

They aren't worried about the cost to the conumer. If groups and individual (so-called) professionals were worried about the consumer, none of this would have happened.

They are all worried that none of them will be able to control their own greed and the RE Appraiser.

The best thing about all of this whining is that, all of them seem to want something different; being selfish. I see no true unity from all the groups commenting on the ordeal. It appears that the status quo delivered a different loophole of greed for all groups involved. I hope ALL show their true colors. I would love it even more if all groups, organzations, and associations involved would start biting each other's kneck in order to get their piece of the pie that's being taken away. I hope greed will become so transparent shame will drift upon them.

 

[Hamlet]

Yeah, the comment by Cuomo's Campaign Contributor.

I'm sure that Cuomo expected the MBs to come after him. He sure seems confident in his ability to pull this off. One thing is for sure, this is going to be in interesting fight.

 

[Non Sequitur]

They aren't worried about the cost to the conumer. If groups and individual (so-called) professionals were worried about the consumer, none of this would have happened.

I agree. This is old and busted; it's not like ANY of these now turned consumer advocates pass along savings to the borrower.

 

[Hamlet]

I agree. This is old and busted; it's not like ANY of these now turned consumer advocates pass along savings to the borrower.

You forgot about all those free comp checks they manage to get fulfilled.

 

[Webbed Feet]

To All,

Prepare to become hip deep in rhetoric, half-truths, smoke and mirrors, white lies, sound bites, posturing, and "I did not have sex with that woman" statements out of both sides on this one.

There is one conclusion I am coming to, and that is the actions going on by both sides of this issue, pro-HVCC or anti-HVCC, is that none of this has anything at all to do with being good for either the appraisal industry or the public trust. Those two items are just cosmetics being painted over the real background motivations by most the players on both sides. And a few people are only being used to achieve those background motivations.

Webbed.

 

[The Warrior Monk]

I agree with Mr. Feet.

The HVCC is not good for the public, the lenders, or appraisers. The only entity I see benefiting are AMCs. It's simply feeding the disease, rather than attempting to cure it.

 

[Webbed Feet]

I agree with Mr. Feet.

The HVCC is not good for the public, the lenders, or appraisers. The only entity I see benefiting are AMCs. It's simply feeding the disease, rather than attempting to cure it.

Mr. Wimpelberg,

I need to point out that is not what I said. I said the pro-HVCC side nor the anti-HVCC side either one are correct. I do not support either side. The HVCC is not perfect. The AMC part is only a portion of the HVCC, not all of it by a long shot. I am unsure if changes to it, or something completely different would be best for our industry. I am not yet prepared to either be completely for it, or completely against it. However, I am prepared to say that I believe that those that are completely for it, AND those that are completely against it, are both not proceeding in the best interests of the public or our industry either one.

I am sorry. But the status quo is not remotely any better than any, or all, of the hysterical negative claims about what the HVCC might do are. I clearly said I do not agree with BOTH sides in my post. So your post is a fine example of the smoke and mirrors I referred to by agreeing with me and then including a message as if I said only the HVCC was a problem. Those advocating the the status quo, and not acknowledging the good elements in the HVCC are just as big of a problem as the HVCC could ever be.

Webbed.

 

[The Warrior Monk]

I am not yet prepared to either be completely for it, or completely against it.

Did you ever consider running for president?

j/k

I am sorry. But the status quo is not remotely any better than any, or all, of the hysterical negative claims about what the HVCC might do are.

Forcing more work in the direction of AMCs is much worse than the status quo, regardless of whatever else is contained in the agreement. Just my humble opinion.

 

[Midwest Guy]

To All,

half-truths, smoke and mirrors, white lies, sound bites, posturing, and "I did not have sex with that woman" [

You forgot the