The Appraiser Shortage Myth Part 43

[Eli]

never said or implied anything of the sort. i asked marion for anything to backup her claim of appraisers applying to be on wells' panel will have their identities stolen.

I didn't know you cared. Do you ever feel like your identity could be stolen?

Oh, I forgot you live under an umbrella. Lol

 

[Meandering]

Wells just added a few more million to the accounts created...so are you saying WF is an honest party to deal with? PS - my post not Marion's

He's just making up stuff to fight with me, because he obviously has you on ignore.



Here's the headline to back up your post.

Wells Fargo says staff created 3.5MILLION fake accounts without customers' permission to meet sales targets

Wells Fargo said on Thursday that 3.5 million accounts were potentially opened without customers' permission between 2009 and 2016 which is 2.1 million more than cited last September.

 

[TRESinc]

I didn't know you cared. Do you ever feel like your identity could be stolen?

from applying to a panel for appraisal work? no i don't.

He's just making up stuff to fight with me, because he obviously has you on ignore.



Here's the headline to back up your post.

Wells Fargo says staff created 3.5MILLION fake accounts without customers' permission to meet sales targets

Wells Fargo said on Thursday that 3.5 million accounts were potentially opened without customers' permission between 2009 and 2016 which is 2.1 million more than cited last September.

where exactly does it state that appraiser identities are being stolen as a result of applying to the wells panel?

 

[Eli]

Tres, you need a vacation. Take your family and go somewhere.

 

[Deleted member 130081]

You interpretation of my interpretation ) is mostly correct.

....If someone challenges that and the creditor, indeed, has followed all the requirements of Presumption #1, they will be found to be in compliance....

I usually don't like to remove context from a post, but in this case we are getting too long-winded and I need to just sum it up and get back to work for now. (and let the thread remain on point)

I am not in agreement with the statement above. I don't think the law says that. I found this law definition of the term presumption. I did not find the definition in 226 and maybe there is one in there somewhere. I did find multiple alternate definitions, and each appears to convey the same legal concept.

"n. a rule of law which permits a court to assume a fact is true until such time as there is a preponderance (greater weight) of evidence which disproves or outweighs (rebuts) the presumption. Each presumption is based upon a particular set of apparent facts paired with established laws, logic, reasoning or individual rights. A presumption is rebuttable in that it can be refuted by factual evidence. One can present facts to persuade the judge that the presumption is not true. Examples: a child born of a husband and wife living together is presumed to be the natural child of the husband unless there is conclusive proof he is not; a person who has disappeared and not heard from for seven years is presumed to be dead, but the presumption could be rebutted if he/she is found alive; an accused person is presumed innocent until proven guilty. These are sometimes called rebuttable presumptions to distinguish them from absolute, conclusive or irrebuttable presumptions in which rules of law and logic dictate that there is no possible way the presumption can be disproved. However, if a fact is absolute it is not truly a presumption at all, but a certainty."

So, I don't see how you can conclude that once either presumption is established, the lender in these cases would automatically be found compliant.

Now, if what you really meant is that a lender is likely to be found compliant after a presumption is established, then I would agree with that!!!

LOL - If you really want to split words, how can a fact be untrue?

We gotta let this one rest.

 

[hastalavista]

We gotta let this one rest.

Agreed!

 

[Evincere]

I dunno. I think the fact that all these years later it seems no one has been able to challenge, says a lot about the law and who it really serves. I know of zero individual cases. I know the state of LA has stepped in and that is yet to be settled. If the lawmakers truly had the intent of making sure appraisers were compensated fairly for the level of service and professionalism they bring to the table, it could have been written better.

After 800+ posts of debate, interpretations, law excerpts and opining, I think you really do know and expressed it succinctly in one paragraph.

 

[Eli]

Yeah, fcrecords is not as dumb as some would like to make out. Lol

The Governor and State AG in LA aren't either.