Since these leaked headlines are becoming an annual phenomenon, perhpas they should be timed to more closely coincide with April 1.
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AppraisersForum.com
Re: Freddie Mac "No Appraisal" Option Program
Posted By: William Sentner
Date: Sunday, 19 August 2001, at 8:57 p.m.
In Response To: Re: Freddie Mac "No Appraisal" Option Program (Mike Foil)
Mike & Forum: Our President Mike Goodwin of OPEIU wrote a letter to the Chairman of Freddie (see Valuation Mag last issue) that AFL-CIO will not stand by and watch the lending process happen without an appraisal. If this continues to happen they will make plans to pull their investment out of the Maes. (this is considerable 3/4 of a TRILLION DOLLARS.
And the beat goes on. If they think that we are bluffing, we aren't.
Appraisers we need your support in this important fight as well as others.
William Sentner
President
American Guild of Appraisers OPEIU AFL-CIO
[email protected]
AppraisersForum.com
Re: Freddie Mac appears to be a fruit case
Posted By: William Sentner
Date: Saturday, 11 August 2001, at 4:41 p.m.
In Response To: Freddie Mac appears to be a fruit case (Steve Keohane)
Steve & Forum: the Guild expects to have a meeting with the Chairman of Freddie this fall. AFl-CIO pension funds are involved with the Maes to the tune of 3/4 Billion and we are not happy campers.
2. The deals that Freddie and Fannie are making with citys are to tie in the local politicos into the program and build political favors when congress comes down on them, which will happen.
We will continue to squeeze the envelope to protect the interest of the consumer and appraisal profession. We are the last protection that the consumer has in the real estate process. Lets not sell out to values as we will be as bad as the people that we are crying about.
William Sentner
President
American Guild of Appraisers OPEIU AFL-CIO
[email protected]