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citation, please?

What are you going to do about it?
 
An AMC is a third party

An appraisal shop is not a third party, it is a shop where the signing /inspecting appraiser work .
 
An AMC is a third party

An appraisal shop is not a third party, it is a shop where the signing /inspecting appraiser work .
An AMC is legally an agent of the lender. Representing the lender as if the lender was there in person.
 
AMC's assured top leadership at every appraisal trade group, that they investigated themselves, and did nothing wrong.

A token level of am_c representation. Sorry, having executives and top people representing as truth sayers against complaints, which may be against their own companies is a clear as day conflict of interest.

As am_c's act as agents of lenders, why isn't there also 'a token representative' on mortgage lender oversight boards?

Totally different structure than independent appraisers, overseeing other independent appraisers.

Those AMC reps are employees of very large influential companies. They're covering for their own racket.

You are most certainly purposefully distorting the issue to provide cover for am_c's. The high brow it's only business excuse never held water in the first place. AMC's have violated a myriad of federal regulations for decades. And if the appraisal community would ever to have had proper pro bono or group funded representation, the entire am_c industry would have had their fate handed to them in the form of the largest class action in American history.

I'd say try again but we're all sick of the lies and distortion by am_c sympathisers.
Appraisal boards are the govt. Not some advocacy group. Not a trade protection group. Same as the DMV or the Contractor's Licensing Board.

AMCs are regulated by the appraisal boards, too. Excluding them from ANY representation at all on a state board is inherently immoral. No taxation without representation. Any complaints about the appraisers OR the AMCs should be settled as a matter of law, not bias.

One solitary AMC member sitting on a 6-member or 9-member board cannot dictate terms to the others any more than can one individual fee appraiser. Split decisions happen all the time. Besides which, neither you nor anyone else can point to any board action that has been contrary to the written law or decided against the appraisers on the basis of board corruption or some pro-AMC bias. Nor do the appraisal boards actually write any of the rules and regs they enforce.

And just to reiterate, noting the obvious doesn't rise to the level of defending or providing cover to a lawbreaker as you are accusing me. If these complaints go to a legal appeal the lawyers arguing these cases are going to be AT LEAST as observant of what the laws do and don't actually say as I have been, so I am not among the barriers to your success. I'm literally just reporting the weather and suggesting you to take a raincoat and expect to get wet before stepping out into the weather. Know before you go.

And no, I do not care what happens to the AMCs and their users in the event the govt decides to add more prohibitions to their businesses. If you or anyone else thinks they can establish that a certain practice violates the law then there's nobody here who is going to try to talk you out of suing the offender or siccing the DOJ on them. Me least of all. They get what they get.

In the meantime there's no crying in commerce, even when that commerce involves fee appraisers.
 
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Go on pretending there is no imbalance in the system, and this imbalance was not purposefully implemented.

This is the exact play the proponents of the AMC industry have used all along.

Well just get out your wallet appraiser, and sue these monolithic national companies whom took all your income potential away and kept it for their lawyers.

You're lying through your teeth and you know it.
 

What are you going to do about it?
What I always do - continue to get the word out. :)
 
That can’t happen in CA as there is no board it’s a bureau and all staff are state employees. I personally oversaw many complaints against AMCs and took action many times.

oh yeah...name one disciplinary action against your buddy AMC :rof:
 
Go on pretending there is no imbalance in the system, and this imbalance was not purposefully implemented.

This is the exact play the proponents of the AMC industry have used all along.

Well just get out your wallet appraiser, and sue these monolithic national companies whom took all your income potential away and kept it for their lawyers.

You're lying through your teeth and you know it.
You are alleging an "imbalance in the system". Let's elaborate. Please feel free to dispute or correct any errors or omissions in my understanding.

If you are alleging that imbalance consists of AMCs somehow having more legal rights than the appraisers at the state board level then I'd like to see if you can cite an example of some actual law, rule or regulation at the state level that is biased toward the AMC interests and against the appraisers interests. Because I can't see one, and TBH I strongly doubt you can cite one. But I'm open to the possibility that maybe you do know of such a bias in the law.

If you're referring to the federal govt's creative misinterpretation of C&R then I have always acknowledged that, too; but that's happening at the federal level, not at the state board level.

OTOH, if the imbalance to which you refer is the lack of leverage and parity the fee appraisers have in the market for services then nobody is "pretending" that type of imbalance isn't real. Least of all me. The AMCs are using their technology to "Amazon" the appraisers against each other, resulting in the crab bucket level of competition. And they're getting away with that due to the effective lack of legal prohibitions against shopping by fee.

"Lying"? I'm not lying. If I thought you're reasoning was based on the facts then I'd say so. But since I don't believe the facts support your allegation it would take a lie on my part to say otherwise. Which I decline to do, even if it would make you like me more.
 
it is like when the cops investigate themselves...no wrong doings :rof:
 
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