No College Degree for Cert Generals or Residential Appraisers

[George Hatch]

Exactly correct. It has nothing to do with whether one is degreed or not.

I would take it a step further to suggest that "lazy" has nothing to do with whether that individual was capable of learning how to do the do despite being licensed for 5 or 10 or 30 years.

 

[George Hatch]

The spin of technology excuses.

The HVCC had nothing to do with technology; it was a regulatory decision that shifted a vast market share to the AMC s overnight by prohibiting engagement by a loan officer or mortgage lender to select an appraiser. The unethical motivation came about when the AMC value pressure firewall was a fail and it all became about profiteering, with as much or value pressure as before. This evolves to the Waiver/ value acceptance, which eliminates the appraisal and lets the mortgage lender estimate the property value they need to hit to make the loan work !! How funny is that ? (

(We know the value picked by a lender needs to fall within a GSE range )

Did the mortgage lending business evolve past being community oriented or not?

Speaking of, what did the MBs do back in the day when they originated a loan in a distant location? Did they carefully vet the appraiser with whom they had never previously spoken or did they do a little shopping? That is not a trick question.

 

[chad hampton]

I know a lot of mtg brokers that serve their communities. people that really know money and the business are never going to a large national online lender. Those are being taken advantage off. That’s what you get when you deal with a large corporation. Maybe that’s who their broker ends up using but they will always use a local broker to find them the best terms. I’d say real estate is still very local.

 

[George Hatch]

What a load of crap. It is not about how it makes me feel it is becaue it is false.

The HVCC overnight narrowed the demand to a small group of high-volume AMC s and you know it. The fact it might have been a bit better with fewer trainees is dwarfed by that.

My comment about you constantly trying to tone-police me into submission is about your preferred mode of discourse. Not about the state of the appraisal business.

It should be apparent to you by now that I don't respond as desired to your attempts to chick-shame me. Fernando and Chad haven't been successful at chick-shaming me, either.

 

[djd09]

I do agree jgrant, we do waste a lot of valuable time arguing **** on here. I just like pointing out all the unethical behavior that’s been occurring mostly over the last 10 to 15 years in this profession.

And I agree there isn’t much that can be done about it unless people are willing to go to extremes and quite frankly very few people in the American public are prepared to do anything like that. This went from a locally controlled profession with local clients a business model that required good customer service, accurate valuations, and a somewhat decent business acumen to control by a handful of national corporations owned by hedge funds and private equity in which churning and burning is the only thing that matters. the end result is predictable.

TAF delegates their duties to fannie...fannie delegates their duties to ansi...it is all unconstitutional

 

[alebrewer]

I would take it a step further to suggest that "lazy" has nothing to do with whether that individual was capable of learning how to do the do despite being licensed for 5 or 10 or 30 years.

Don't know that I'd agree w/you on that. There is a certain 'x' factor that causes some folks to excel and some not. I don't think (for the most part) that has to do with innate intelligence. I think it has more to do with innate desire. Call the opposite of that lazy, or call it 'just getting by', or whatever other moniker fits. But in the end, I would argue that drive trumps intelligence WRT the desire to excel. What is the term, then, for folks who don't have that desire to excel? If not lazy, then....

 

[chad hampton]

I don’t think it’s too difficult for anybody wanting to enter this profession to go take a year or two of college classes to get a basic level of education on accounting, business construction, science, math, etc. we’re not asking to walk out of PhD. I don’t know how many of you Know teenagers these days but I’m not aware of too many that don’t go to college for some period of time. And the few that I do know that went to trade route they all attended classes before going into a trade. They could easily go back and take some community college courses to be an appraiser.

I’m staring at three guys making sandwiches at a place I stopped for lunch. I don’t think these guys are ready to walk into peoples homes and represent lenders as professional appraisers. but they make good sandwiches. And that means something to me.

 

[George Hatch]

I've said many times that I always thought the (some college) criteria in 2008 was a good compromise between all or nothing. 5-7 specific courses or 2yr degree.

 

[djd09]

they also need to a class in political science and the arts of propaganda...

 

[J Grant]

My comment about you constantly trying to tone-police me into submission is about your preferred mode of discourse. Not about the state of the appraisal business.

It should be apparent to you by now that I don't respond as desired to your attempts to chick-shame me. Fernando and Chad haven't been successful at chick-shaming me, either.

Nothing about my posts is any more tone police than yours are. Oh now you added chick shaming. Another tool to disparage the messenger, if revealing the facts is chick-shaming.