My prediction on 3.6

[chad hampton]

The last two sentences should answer that.

I knew after the first sentence

I love it when the usual suspects on here say we should be thanking these groups for the work they do. Stockholm syndrome if I’ve ever seen it.

 

[Bobby Bucks]

I knew after the first sentence

I love it when the usual suspects on here say we should be thanking these groups for the work they do. Stockholm syndrome if I’ve ever seen it.

To me the biggest mystery of all is why it took 8 years. The empire state built was built in 410 days. 8 years and it's still a clusterfug. What were they doing for the other 7 years and 11 months?

 

[chad hampton]

To me the biggest mystery of all is why it took 8 years. The empire state built was built in 410 days. 8 years and it's still a clusterfug. What were they doing for the other 7 years and 11 months?

I see you’ve never worked in government I have. The job of a government employee is to extend the project for as long as possible. Some of these sons of bitches will retire after 30 years having only worked on 2-3 projects. And they’ll be congratulated on a great career.

And to charge as much as possible so they can keep getting that budget increased.

I can’t even wrap my head around the fact that they’ve been working on this thing for the better part of a decade.

 

[George Hatch]

If the AMC‘s morph into their own appraisal companies, will they have to revisit DF to create a new third-party? It would seem so.

Appraiser indendence is about separating the appraiser from the loan production process, including the in-house loan officers and outside brokers. It was never about separating the appraiser from their own fee shops or their own lender or 3rd party employers.

AMCs and fee shops and appraisal firms and insurance companies and state DOT employers don't originate loans.

 

[George Hatch]

I knew after the first sentence

I love it when the usual suspects on here say we should be thanking these groups for the work they do. Stockholm syndrome if I’ve ever seen it.

I do it specifically to point out the extent of gratitude you should be offering for them previously choosing to stick with appraisers even though they could possibly have chosen to transition back then for the same reasons they're transitioning now.

That chronic sense of entitlement that prompts your non-stop power snivel is rooted in a complete lack of self awareness. There wouldn't even be a mortgage-oriented fee appraisal business model if not for govt intervention into the mortgage lending business. Whatever the govt has previously given they are free to take away on the same basis of expedience.

I'm in the fee appraisal business too, and I am acutely aware of my own tenuous position when it comes to my clients and users reconsidering their alternatives. That's the difference between my approach and your approach - I don't hate my clients or attribute personal malice to their decisions if/when they take their business elsewhere. I understand it's just business and its up to me to sell them on why they should choose me instead of their other alternatives; it's not on them to be loyal to me on the unconditional basis.

 

[chad hampton]

That's ok, you're on your knees in front of them enough for all of us.

And I love my clients. I have good AMCs I deal with. But they play by the rules. They aren't in the breakfast club calling in favors to bend and break them. And because of that, I wonder how much longer they will be in business.

Lets all be honest - class was so bad at being in the AMC business that they ran off all of their fee appraisers. So a few years ago they decided to hell with rules and laws, lets just try to hire our own staff. Our friends will defend it. And who's going to stop us anyways? State boards are only focused on the big violations, like if an appraiser missed a 1/2 bathroom in a report.

That's the model and business you support and defend. Kind of embarrassing.

 

[George Hatch]

I get along with my own clients. I don't do business with others I consider to be too painful to work with. I also don't spend any bandwidth complaining about those others because they don't matter to me.

You have gaslit yourself just as hard about falsely alleging the illegality of in-house staff as you have been about how your reimagination of USPAP. Counterfactual doesn't become true just because you wish it was true or because you think not-prohibiting them is the result of political corruption.

Something else to consider: Hypothetically, even if a state could limit the composition and operations of the AMCs to managing fee appraisers or limit data collection to licensed appraisers those limitations would only apply to the operations in the one state. Not nationwide where those limitations ALSO don't currently exist.

 

[chad hampton]

Has it ever crossed your mind that untrustworthy people don't play by the rules? That the bigger the business is, the more they get away with? Have you ever admitted being wrong? You seriously look around at this profession and see honest, moral, ethical behavior by these groups?

Surely you don't think the current system is what was intended. I know you can't think that.

Seems like an easy concept that AMCs are the middleman. If they become the appraisal company, then they aren't the middle man. Its wild we have to debate this basic concept.

There's nothing wrong with an appraisal company having staff.

 

[Zoe]

Why did you leave private practice danny Wiley @DWiley ???????

Why is always hardest question.

 

[Zoe]

Joan Trice, where are you girlfriend. ? Why did you leave private practice?