PAREA program

[Non Sequitur]

And remember TAF appointed Randy Flowers to the board of trustees. Form your own opinion, I'm just the messenger.

 

[djd09]

​

And remember TAF appointed Randy Flowers to the board of trustees. Form your own opinion, I'm just the messenger.

View attachment 100420

they are still pushing bidens agenda...

 

[Mile High Trout]

they are still pushing bidens agenda...

Correction; Biden was pushing the agenda of.......... Three guesses.

 

[Mile High Trout]

Wonder how many Appraisers complaining about AMC value pressure have filed a complaint........

JG?

Let's see; File a complaint against an AMC. That complaint lands in the hands of the AMC rep sitting on the appraisal board.

If people can't see the problem here they are truly blind.

 

[Mile High Trout]

20 grads out of 153 students? That's a higher fail rate than the BUDS for Navy SEALS-

I wrote in for the 'alternative pathways' questionnaire. Betcha they wont be posting my comment.
_______

Question 10;

What portion of the total required experience hours (e.g., a percentage or specific number of hours) do you think should be allowed to count as
‘Foundational Knowledge’ experience, and why? Please explain your reasoning, considering how this balance might affect competency, public
trust, and accessibility to the appraisal profession.​

Well, I covered that in question #5; what safe guards should be in place. I put forth an alternative to your alternative, regarding foundational
knowledge and more realistic workable situations which still follow the traditional apprentice model with more flexibility. The entire effort is
a waste of time, why didn't the AQB appeal to working appraisers for real world solutions instead? What an incredible waste of time energy
resources and man hours. For the time everyone keeps spending on the PAREA program, you could have trained a hundred appraisers by now, whom
could have trained three hundred more, and then nine hundred more, etc etc.

But that will never happen because the market conditions for every day working appraisers are not acceptable to support training. You people do
not seem to grasp the fundamentals and very basics of free market capitalism. Something has to be profitable for the business interests to
seek service in the sector. The 'stake holder interests' tripe has allowed for near complete exploitation of of over half of the appraisal
industry. It's why there is accelerating attrition of licensees instead of licensee head count gain.

You can't form a long term workable solution without addressing the root cause of the problem. Appraisal management companies. An incredible
reduction in appraisal demand due to the stake holder interests whom want independent checks and balances gone, so they can run the entire
country into a debt trap and play housing like the stock market.

Because the appraisal trade groups are derelict in their duty to advocate for the licensed appraisers whom actually have to deal with the real world
working duties. You guys and gals live in some ivory tower where you're not subject to real world appraisal market forces. You all would not
make it a single week as mortgage lending appraisers. That's probably why you're all sitting in those bureaucrat chairs right now, living on
the taxpayers dime.

Newsflash there is no public trust in the real estate profession hardly at all anymore. Because of all the wokeness and DEI nonsense. The trust is
broken. The public hates appraisers. The appraisal trade group has done nothing to help and only made the problem exponentially worse. So
instead of recognizing your own failures, you're trying to create artificially trained appraisers like they will somehow imaginarily not
be subjected to the same market forces which is currently forcing out thousands or more appraisers a year and they're not being replaced.

The same market forces that have been decimating most gse appraisers opportunity and working structure since around 2010. Every day working
appraisers often do not earn enough to afford to hire or train an apprentice because nobody in the appraisal trade groups works to expand
our service reach and service demand, but rather constantly does everything in their power to diminish the independent appraiser position
for the largest client set in the world; the GSE's. You know; 'stake holders'.

Then on top of that, per the ARCC, the AMC's have siphoned off at least 12 billion dollars worth of fees which would otherwise have gone to
appraisers. Probably substantially more as that's their best estimate and nobody has the courage to do what's right and audit the complete AMC
industry or have a show down with their junk fee raking racketeering restriction of trade and applied anti trust program which has been aimed
solely at working appraisers this entire time. They don't want a piece of the pie, the AMC's want it all.

Which is why the AMC's also support the avm final rule, parea for more pliable less independent workers, and have consciously driven the
majority of the best and brightest appraisers out of the gse servicing section. How many trainees do you think twelve billion dollars would
buy? Do you think just possibly if the appraisal industry would not have been stalled out for the last two decades, that we might just possibly
have a more diverse working base which better reflected the local populace where appraisers serve?

If there is anyone to blame for the lack of diversity or lack of new people and demand to be an appraiser or the ability for appraisers to
hire and train, look no further than the mirror. Appraisal trade groups caused this failure by their inability to be independent, their constant
reactive positioning to 'stake holder interests', and utter disregard for the protection and viability needed for independent 1099 sole
proprietor small business appraisers to exist in this current lopsided improperly balanced constantly decreasing demand for our services
climate.

 

[Mile High Trout]

There's nothing unethical about accepting or performing appraisal assignments for an AMC, if that's what you're driving at.

If you're going to draw the line at client conduct then the AMC-users aren't any more ethically pure than the AMCs they select to manage their process for them.

Merry Christmas.

Participating in defrauding consumers and concealing free break downs, pay to play systems, condoning junk fees. Knowing there is a co mingled fee pool that even if you get your fee, the AMC then drives other appraiser vendors further down to recapture the margin. Supporting criminal enterprises whom engage in restraint of trade, wire fraud, racketeering. Sure, sounds ethical.

On to your second point; That's exactly why they choose to work with AMC's instead of running an alternative compliance direct to the appraiser program.

AMC's, the long arm of predatory lending.

 

[Mile High Trout]

IMO the level of morality and wisdom and restraint and compassion and all that are not among the factors that changed. I don't believe the lenders were more moral before and less moral after. I believe they have acted consistently all along. That's the same reason I believe they will continue to act as aggressively as their options will permit if/when additional prohibitions on their conduct are imposed upon them.

I don't believe in the existence of the compassionate and socially responsible lender. not to any significant extent. I believe in the prevalence of more-prudent vs less-prudent. I think it's mostly just business.

We can't regulate morality. But we can regulate lenders via the gse's congressional charter, their intended market function.

Can't have this argument while excluding taxpayer backing.

When do the people get a dang vote? Bail ins, bail outs. Tax on the money. Inflationary policies and those whom enable the companies whom push the most risk and take the biggest losses.

Post this again I suppose...

 

[Mile High Trout]

One more tidbit that I just remembered was the blast solicitation. Appraisers complain about it when an AMC sends out a blast solicitation, but fee appraisers used to fax unsolicited offers to work all the time. That wasn't as effective a strategy at building new business as the cold call, but appraisers didn't have any moral qualms about soliciting among the many when it served their purposes to do so.

The difference was that appraisers were not secretly defrauding mortgage lending consumers and pocketing half their fees in secret, then farming out the work to whomever would quote the lowest fee. That's totally different than soliciting for new clients. Appraisers are offering a service, we're not soliciting for a discount vendor.

Why are you purposefully distorting the issues at hand? Still having a hard time grasping the truth or perhaps switched to some whatever defense of the AMC industry possible mode?

 

[alebrewer]

Six in a row... you're closing in on Zoe.

 

[Non Sequitur]

Six in a row... you're closing in on Zoe.

But he makes sense, so that's an auto pass.