Strategies for raising fees

[djd09]

just shows you how out of touch they are...

 

[chad hampton]

Are you telling me the intent of AMC legislation was that they would also be appraisal firms? do you realize how idiotic that sounds?

I’ve cut and pasted passages from USPAP, DF, and state laws. I just state what is written. You guys are the ones who want to argue that that’s not what it says.

But you guys and your buddies at revaa should definitely be thankful that most appraisal boards are feckless. And the ones that aren’t get threatened with lawsuits.

 

[djd09]

the largest appraisal firm in the world are the gse's and their scum bag mortgage brokers buddies...they will say that is legal too

 

[chad hampton]

the largest appraisal firm in the world are the gse's and their scum bag mortgage brokers buddies...they will say that is legal too

yet the boards usual suspects Will come on and say that meets the Webster’s dictionary definition of independent

Bunch of lapdogs. They don’t even realize they’ve been part of the problem all this time.

 

[Zoe]

If you cuss my girlfriend Joan one more time, I don't know if I can take it anymore. She is my partner.

 

[George Hatch]

what happens when the staff appraiser does not hit the number...

There's an internal paper trail for everything a lender or an AMC does. Who did what. Even if you want to say they destroy evidence there's a paper trail and a pattern of conduct for that, too. All it takes is one disgruntled employee. It doesn't even have to be the appraiser.

 

[George Hatch]

yet the boards usual suspects Will come on and say that meets the Webster’s dictionary definition of independent

Bunch of lapdogs. They don’t even realize they’ve been part of the problem all this time.

We've been over this.

"Appraiser independence" is a term which is defined by regulation. That definition includes several explicit elements while at the same time excluding others which would detract from the original intent. Like your quaint notion that lenders are somehow required to only use appraisals prepared by fee appraisers.

But hey, if you and others appraisers wanted to spend your time and energy complaining that lenders are violating some regulatory prohibition against employing staff appraisers (and reviewers) and using their workproducts in mortgage lending decisions then I encourage you to go for it. I'm certainly not trying to talk you out of it. TBH I would rather see you prevail in that argument than fail.

 

[djd09]

AMCs are like a virus...they need hosts to survive

 

[glenn walker]

Are you telling me the intent of AMC legislation was that they would also be appraisal firms? do you realize how idiotic that sounds?

I’ve cut and pasted passages from USPAP, DF, and state laws. I just state what is written. You guys are the ones who want to argue that that’s not what it says.

But you guys and your buddies at revaa should definitely be thankful that most appraisal boards are feckless. And the ones that aren’t get threatened with lawsuits.

You and I can't read minds and we have no idea what their intent was but since the largest AMCs in 2012 were all controlled as subsidiary of the biggest banks my assumption is they may have directed the corrupt politician's to allow them to keep or add staff appraisers as needed.

Finally no matter what their intent was it's now a Federal Law that passed and is implemented by our Congress.

 

[Zoe]

AMCs are like a virus...they need hosts to survive

I'll be worse on illegal on commingling of fees and many other factors. You are funny.


Actually it is almost like legal crime.