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pfortier: (March 10, 2010 10:21am)

I like the skit. If you are supposed to be drinking Chardonay maybe you should atleast open the bottle. You also might want to get rid of the Pacifico bottle. Keep up the good work

Ill Appraiser: (March 10, 2010 10:16am)

miller1 - ICAP and AI appear to be related but they really aren't. I get the impression that ICAP and IDFPR are working on things together more so. Some of the ICAP board are also AI members but in some respects I think it is to be in the loop and aware of what they are doing. It makes sense. If AI is working on something legislative, ICAP can work on something else. No need for duplicity. Besides once you earn your AI designation, which many did years ago, one probably doesn't want to give it up and AI does have some good CE. I personally don't belong to AI, I can just see the point if you are designated.

ciappraiser: (March 10, 2010 10:12am)

I was just informed by a lender that I along with another local appraiser have been removed from a panel with no notice. Under HVCC, aren't I supposed to have written notice and a chance to defend myself? I believe this bank has done this to shorten their rotation list (which is not enforced). I have not been asked to rebut anything and have not received any written notice. Does anyone have any information that could help me fight this? This is completely absurd - almost 20 years in business and this has not happened to me - rebut, yes, kicked off with no explanation - absolutely not!

DEDE: (March 10, 2010 10:02am)

GREAT LINK THANK YOU SO MUCH. WHEN IT SUPPPOSED GO INTO EFFECT? I CANT WAIT. THE HELL WITH THESE AMC'S, THEY ARE VOULCHERS. I HAVENT MADE MY STUDENT PAYMENTS FOR COUPLE MONTHS NOW. BEFORE HVCC I WAS ALWAYS WORKING. I HAVE DECLINED FEW ORDERS FOR $ 175 ON FULL FHA APPRAISAL REQUEST, THUS I AM ON THEIR BLACK LIST. THEY NEED TO HAVE SOMEONE TAKE A LOOK AT THIS ORGANIZED CRIME OPERATION.

miller1: (March 10, 2010 9:58am)

To For What it is Worth. I don't want to collect any money I am looking for cooperation. Numbers are needed to email O'Relley, Beck, Rush and call our senators. We can blog all day and not help the situation it is time to act. Or the states will all have to pay us self employed people so we can survive

miller1: (March 10, 2010 9:45am)

Cornerstone Kathy Thanks I have downloaded the list and I will call all of them in Illinois and Indiana ILL appraiser I was a member of ICAP before and are they doing anything they are connected to the Appraisal Institute that was part of the devlopled of HVCC and would not be on the TBWS live

cpappraisals: (March 10, 2010 9:40am)

Here you go DEDE-http://financialservices.house.gov/Key_Issues/Financial_Regulatory_Reform/FinancialRegulatoryReform/111_hr_finsrv_4173_full.pdf

DEDE: (March 10, 2010 9:39am)

CAN ANYONE GIVE A COPY OF THE LINK TO THE PDF FILE. I WOULD LOVE TO SEE THE HVCC TO GO DOWN. ITS KILLING EVERYONE.

cpappraisals: (March 10, 2010 9:39am)

III Appraiser-Read the PDF page 823

cpappraisals: (March 10, 2010 9:38am)

From what I understand when this bill takes effect within 60 days Fannie and Freddie have to accept any appraisal reports ordered by any brokers that are licensed or registered with SAFE. Am I reading this right guys? I am sure this is a big BUT somewhere but I can't find it. Anyone have input on this?

Ill Appraiser: (March 10, 2010 9:36am)

I spoke with an intern at Senator Durbin's office yesterday and he looked at "his" HR4173 and found no mention of anyhing HVCC. I posted this on the facebook page "I am a real estate appraiser" and got this response. "They're probably looking at one of the Senate bills which, they are correct, do not currently include the HVCC provision. However, whatever bill they are looking at is not what is going to be considered. The Senate version of the bill is being negotiated right now behind closed doors. I am aware of only one professional appraiser organization - AI - that has been actively advocating for the inclusion of this provision in the Senate version of the bill." I find it interesting that there are different versions going around. What does that mean? By the way, I would encourage appaisers to check out the facebook page of "I am a real estate appraiser".

For What It's Worth: (March 10, 2010 9:35am)

miller1, Make sure you use the correct verbage when talking to the licensing boards. Unions are illegal, colusion for fees is illegal, but as far as I know GUILDS are completely acceptable. Most boards are very carefull to quote regulations, but not give you direction on how to accomplish your goal. Keep us updated and I am sure we can form together as a collective.

cpappraisals: (March 10, 2010 9:30am)

Sorry don't know why those numbers popped in there. I copied it directly off of the bill.

cpappraisals: (March 10, 2010 9:30am)

My favorite part of the bill reads- 1 (1) shall not prohibit lenders, the Federal Na2 tional Mortgage Association, or the Federal Home 3 Loan Mortgage Corporation from accepting any ap4 praisal report completed by an appraiser selected, 5 retained, or compensated in any manner by a mort6 gage loan originator— 7 (A) licensed or registered in accordance 8 with section 1501 et seq. of the SAFE Mort9 gage Licensing Act of 2008; and

miller1: (March 10, 2010 9:28am)

Cornerstone Kathy Thanks I am looking that up and going to get the appraisers and will contact a lot

Ill Appraiser: (March 10, 2010 9:27am)

miller1-ICAP is working on legislation. IDFPR is going after the bad guys and that includes AMC's. Okay Illinois appraisers, anything and everything that doesn't seem right needs to be reported to the state and that includes AMC's removing signatures from reports, requirements that violate USPAP, reviews by appraisers not licensed in the state of Illinois, etc.

cpappraisals: (March 10, 2010 9:26am)

Cluelessdad-Thank you so much for the info last night on HR 4173 section 4312!! First time I have had some hope in a long time. miller1-The section you are looking for is on page 823 of the PDF.

CornerstoneKathy: (March 10, 2010 9:15am)

miller1 The state board is only there to license, educate and discipline you..they dont care after that all appraisers info ..except email addresses are on the Appraisal Subcommittee website https://www.asc.gov/

SoCal Mortgage Broker: (March 10, 2010 9:11am)

Sue: If HUD does away with mini eagles, it will up to the lenders if they want to see your quality control.

miller1: (March 10, 2010 8:58am)

Just a note to you all I am contacting the state head of appraisals in the state of Illinois He is Brain Weaver I am also call the Indiana state, I was given a number by the state to get a list of state licensed appraisers and will also do the same thing for the state of Indiana. I will call all of them to see if we can get an association. All other states should be contacted. We need numbers to solve this problem

miller1: (March 10, 2010 8:50am)

Clulessdad yesterday you said the HVCC will senseted is in 4312. I want to look it up what is the location. Thanks a lot

jfeinhandler: (March 10, 2010 8:47am)

sucks I can't use my alias any more.

joecolorado: (March 10, 2010 8:16am)

Briany-sorry, no offense but you believe wrong, Fat Tire is brewed by New Belgium Brewery in Fort Collins, Colorado.

briany: (March 10, 2010 8:03am)

I didn't know that Pacifico Cervesas were from Napa!?!?! Nice touch guys. I believe Fat Tire is from Sonoma.

joecolorado: (March 10, 2010 7:28am)

the carea site has omoved the new page is at http://www.membermanager.net/carea/ just so you know.Nut thanks for the input I appreciate it.

sue: (March 10, 2010 7:27am)

Regarding the HUD audits --- Does anyone know if we still have to complete the file audits for FHA closed loans every quarter (10% of closed files)??? Thanks!

joecolorado: (March 10, 2010 7:25am)

Justfrank-I dont take fees other than my worth.I've discussed the problems appraising/appraisals with colleagues,however in Colorado it's illegal to discuss/hint at fees.BUT I consider my worth as an appraiser & charge accordingly,I dont care what anyones fees are,I dont screw people just because they are in a corner & needing my expertize.My fees rarely change tho' I've done appraisals for free to deserving individuals,low income/special needs clients,I am proud of my profession and I have instilled that in my juniors,but I have been known to cuss out a retiree on a good paying pension whom has taken up appraising as a second job to keep busy,& accepting a "reduced"fee,sneering with derision at my pliant about fees offered by amcs.He was very busy by the way,with no concern about the plight of other appraisers.I couldn't punch him as he was too far away & I was being held,thank goodness as he was old but enormous.(I am daft not stupid).

5pence: (March 10, 2010 7:23am)

Take your money out of the too big to fail banks, don't fund their risk taking or support their cartel

T Bone: (March 10, 2010 7:16am)

Local Banks I'm tired of local banks offering these terrible balloon payment loans in exchange for borrowers opening accounts and depositing funds in their banks. This should be illegal!

ciappraiser: (March 10, 2010 7:08am)

joecolorado - there is already a coalition in Colorado (if you are there) - carea.net; I'm not sure how effeective they are, but there are coalitions and guilds all over the country popping up. California's website will be up for the public on Tuesday,and its up for members right now. AZ, IL, OH, NM all have coalitions already lobbying their states. Before you gather 25 appraisers together to start something new, make sure there isn't something in place already so you don't have to refile at the State level (its not free to start a non-profit). Everything costs something, so support your local coalition or guild - at least 20 states already have them in place - they just need more members to be effective. Eventually, all states will go national with this, but it's got to start with each state!

joecolorado: (March 10, 2010 7:00am)

RIBLAH-just laziness, will do

JUSTFRANK101: (March 10, 2010 6:47am)

Hey Joe. As long as there are Appraisers willing to work at the discounted fee there is little hope for change. In 2007 Appraisers hadn't a pay raise in 10 years now instead of a raise their pay has been cut in half or more. The Appraiser was the only Block in the Road now B.P.O. is popular - handing the industry over to satin's little buddies. Joe, if you are able to locate 25 Appraisers in your area that agree form a Guild join http://www.njreaunite.com/ or http://unionofrealestateappraisers.com/ - and SHUT YOUR AREA DOWN UNLESS YOUR FEES ARE MET.

riblah: (March 10, 2010 6:46am)

joecolorado, you seem like a nice guy. However, your abbreviation for appraisal, etc, is irritating. I hope you will stop it. Please?

5pence: (March 10, 2010 6:41am)

Yeah, really JustFrank101 - where's the heart of the beast? Let us know. It has many heads but only one heart. Don't say legally - it can't be challenged in a court of law. We're with you, just say where

joecolorado: (March 10, 2010 6:39am)

I also agree with Cornerstone Kathy and Jersey Girl, there is nothing like a good glass of plonk.But I have never seen good wine fizz and hold a head like franks and brians glasses?maybe it was the lighting or the proximity to the cheese whizz.

joecolorado: (March 10, 2010 6:35am)

I have been asked for updates for several years and have declined ALL of them. If the investor needs a free ap88al then they will have to use one of their subservient whippets as I value my license and expertise,no value or report I submit has less than required to comply with the current regs.Why on earth would anyone discount their worth and demean signature by accepting a reduced fee for their expertise? This absolutely baffles me.

joecolorado: (March 10, 2010 6:30am)

justfarnk-give us a hint as to how we can accomplish what you suggest.Any input is welcome

joecolorado: (March 10, 2010 6:28am)

5pence-they make forms because there is a demand for them its the ap88rs job to monitor and decide whether the commission received can be completed in a manner which is USPAP compliant.

JUSTFRANK101: (March 10, 2010 6:25am)

I think it is extremely important we appraisers keep pissing and moaning and do absolutely nothing physically to change the HVCC and demanded use of Appraisal Management Companies. Think Big act small worthless appraiser!

5pence: (March 10, 2010 6:24am)

True Ezra, there is no "update" that doesn't violate USPAP. It's a new assignment. It kills me that they make forms for appraisers that aren't USPAP compliant.

Ezradams: (March 10, 2010 6:19am)

Appraisers: Read the mortgagee letters carefully. An "update" requires the appraiser to make another visit to the property AND check whether the property has lost value. So, an update is really a "new assignment". Keep that in mind when you bill them for the additional work. They may argue that the form is short. Let them know just how much work it takes to come up with a value opinion each time the effective date changes.

kgies: (March 10, 2010 6:12am)

It is appears that your wine beverage of choice was some type of micro brew!

Seabolt: (March 10, 2010 5:55am)

Thanks for bringing some fun into my day while informing me of current events in the mortgage industry! Y'all are hilarious!

riblah: (March 10, 2010 5:55am)

I've noticed people on here often use HVCC and AMC interchangeably.

5pence: (March 10, 2010 5:33am)

Greek strike to shut down services Thursday. Greek unions will stage their second nationwide strike in a week on Thursday, shutting down all public services, closing schools, customs and tax offices, halting public transport and grounding flights for 24 hours. Unions are protesting the Socialist government's harsh austerity measures, designed to curb the country's massive debt and pull it out of an unprecedented financial crisis that has hammered the euro. The measures have cut civil servants' salaries, frozen pensions and increased taxes, including on fuel and general sales tax. "They are trying to make workers pay the price for this crisis," said Yiannis Panagopoulos, leader of Greece's largest union, the GSEE. "These measures will not be effective and will throw the economy into deep freeze." Journalists, teachers, state hospital doctors and air traffic controllers will be among those striking, while officers from the police, fire service and coast guard plan to join protest rallies

amy's frustrated: (March 10, 2010 5:27am)

outraged about the AMC? chime in on my discussion started on the facebook page for ABC 20/20...click on the discussions tab....read thru cuz there are other emails we are infiltrating as well....you may also go to dateline nbs's facebook page and there is a discussion started there as well...someone is going to investigate the AMC!!

Linn: (March 10, 2010 5:23am)

lol, good info and good acting

5pence: (March 10, 2010 4:54am)

Good morning guys. 5 am here. Lost 2 jobs yesterday, 1 because of an unpermitted addition and the other because I got underbid, and I bid low. I read your Niche Report interview - interesting stuff. It's good to know the history of TBWS and how you guys got here. Your viewership is growing and you guys deserve it. I see you leaned more towards humor today, lol. Cool. So you're saying the wine industry is turning into the whine industry? :^)

BT: (March 10, 2010 4:45am)

Its 5 o'clock somewhere...

Jersey Girl: (March 10, 2010 4:32am)

Cornerstone K: I am with you. Do you think it's too early to have a glass of wine? ;)

CornerstoneKathy: (March 10, 2010 3:52am)

I have done everything in my power to keep the wine industry going..especially lately