Revision Request

[timd354]

That opens a whole new can of worms.

Like practicing appraisal without a license. Truth in lending comes back though and antitrust and public trust.

The level of disconnect with reality is simply breathtaking

Let us know the first time any borrower/broker/lender gets in trouble for practicing appraisal without a license or there is a successful antitrust action based upon any of the aforementioned parties making a ROV request.

 

[Meandering]

And LA is going to roll over because they're broke.



Let us know when that all happens, Eli

 

[timd354]

And LA is going to roll over because they're broke.



Let us know when that all happens, Eli

Well, LA is broke and that is a simple and indisputable fact. I actually thought that they would not be stupid enough to **** away millions of dollars fighting the FTC and would find a way to settle this action and move on. My mistake as I certainly should not have underestimated the stupidity of the government in what is widely accepted to be one of the most corrupt and poorly run states in the USA.

 

[Meandering]

Well, LA is broke and that is a simple and indisputable fact. I actually thought that they would not be stupid enough to **** away millions of dollars fighting the FTC and would find a way to settle this action and move on. My mistake as I certainly should not have underestimated the stupidity of the government in what is widely accepted to be one of the most corrupt and poorly run states in the USA.

Did you fail to calculate the fines allowed under the Dodd Frank? Lawyers are just the opportunity cost.

Oh, and those fines were not subject to the IFR.

BIllion baby

 

[Eli]

Did you fail to calculate the fines allowed under the Dodd Frank? Lawyers are just the opportunity cost.

Oh, and those fines were not subject to the IFR.

BIllion baby

Not to mention cease and desist available. Pick your poison. Lol

They not dealing with rookies. They will lock the doors on antitrust issues if a judge grants it.

 

[George Hatch]

Did you fail to calculate the fines allowed under the Dodd Frank? Lawyers are just the opportunity cost.

Oh, and those fines were not subject to the IFR.

BIllion baby

These rules have already been in place for several years. The agencies that would even be in a position to impose such a fine (if they were able to prove an offense) have a demonstrated track record.

 

[timd354]

. They will lock the doors on antitrust issues if a judge grants it.

The only entity under the gun for violating anti-trust in the current FTC action versus the Louisiana Board, is the Louisiana Board...you seem to fail to understand that the LREAB is the enitity that is accused of acting in an illegal manner in this action

 

[Meandering]

These rules have already been in place for several years. The agencies that would even be in a position to impose such a fine (if they were able to prove an offense) have a demonstrated track record.

We agree,
and they punted to the states.

But the states were not disallowed the fines stated in the Dodd Frank.

Oh and look what fun,

in Federal court.



A judge gets to read the law, the IFR and all the updates to the TILA.

Oh my,

hopefully those appraisers who were underpaid since April 2011 have since been reimbursed.

.

 

[Eli]

The only entity under the gun for violating anti-trust in the current FTC action versus the Louisiana Board, is the Louisiana Board...you seem to fail to understand that the LREAB is the enitity that is accused of acting in an illegal manner in this action

You seem to misunderstand the Governor and State Government of La is in control now. Two different entities. You do understand that, no?

Let me explain. The Government of La can enforce antitrust law within La boundaries.

Lreab can’t do that. The Government with a judge can impose penalties and fines including cease and desist.

 

[George Hatch]

We agree,
and they punted to the states.

But the states were not disallowed the fines stated in the Dodd Frank.

Oh and look what fun,

in Federal court.



A judge gets to read the law, the IFR and all the updates to the TILA.

Oh my,

hopefully those appraisers who were underpaid since April 2011 have since been reimbursed.

.

Well, if the legal battle ever comes up I think it will be interesting to see which side can most effectively bring the legal heat, because there's no way in heck the banksters are just going to roll over for your interpretation of the IFR.