Comments for AppraisalNEWSCAST.com http://appraisalnewscast.com Connecting the Valuation world Sun, 14 Mar 2010 09:10:53 +0000 http://wordpress.com/ hourly 1 Comment on Important FHA notice for all mortgagees, 02/15/10 Implementation Date Will NOT Change for MLs 2009-28 and 2009-51 by Mike Favela http://appraisalnewscast.com/2010/02/11/important-fha-notice-for-all-mortgagees-021510-implementation-date-will-not-change-for-mls-2009-28-and-2009-51/#comment-95 Mike Favela Sun, 14 Mar 2010 09:10:53 +0000 http://appraisalnewscast.com/?p=369#comment-95 The HVCC would be great, except for one minor detail. There is no enforcement. I get calls eveyday, from broker still wanting value check, still calling up wanting the value raised, I've had the AMC reps, mouse e-mails, change reports, friday, I got double teamed by a broker and AMC rep demanding I raise my value. It isw like talking to a wall when you try and explain to them that no more value talk. I have been keeping a file and I am going to meet with the Governor's next week and will be taking my file, and open up a dialogue to try and get the Appraisal board to go to bat for us, so to speak. I haven't done a job in Austin in almost a month and things are not getting any better. People, you need to speak up id you want to be heard. Night The HVCC would be great, except for one minor detail. There is no enforcement. I get calls eveyday, from broker still wanting value check, still calling up wanting the value raised, I’ve had the AMC reps, mouse e-mails, change reports, friday, I got double teamed by a broker and AMC rep demanding I raise my value. It isw like talking to a wall when you try and explain to them that no more value talk. I have been keeping a file and I am going to meet with the Governor’s next week and will be taking my file, and open up a dialogue to try and get the Appraisal board to go to bat for us, so to speak. I haven’t done a job in Austin in almost a month and things are not getting any better. People, you need to speak up id you want to be heard.

Night

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by ryan http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-87 ryan Thu, 11 Mar 2010 15:15:13 +0000 http://appraisalnewscast.com/?p=421#comment-87 I love how this article states that AMC's "ONLY" retain 20-30% of the fee. I don't think that they add 20-30% in value to the lender. There are other options out there for lenders and appraisers...you just have to look around. The changes (hvcc and fha) don't "require" lenders to use an AMC. I love how this article states that AMC’s “ONLY” retain 20-30% of the fee. I don’t think that they add 20-30% in value to the lender. There are other options out there for lenders and appraisers…you just have to look around. The changes (hvcc and fha) don’t “require” lenders to use an AMC.

]]> Comment on Zillow May Not Be Ready For Prime Time by Ditech Home Loans http://appraisalnewscast.com/2010/02/20/zillow-may-not-be-ready-for-prime-time/#comment-86 Ditech Home Loans Wed, 10 Mar 2010 22:24:15 +0000 http://appraisalnewscast.com/?p=373#comment-86 Online home valuation sites can be misleading to sellers and borrowers looking to buy or refinance. They would be better served by a real estate agent, lender, or appraiser with access to a database of comparable home sales that can be used to determine a real value estimate. Online home valuation sites can be misleading to sellers and borrowers looking to buy or refinance. They would be better served by a real estate agent, lender, or appraiser with access to a database of comparable home sales that can be used to determine a real value estimate.

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by Appraisal Management Company Directory 2009. | Insider Forex Secrets Guide http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-85 Appraisal Management Company Directory 2009. | Insider Forex Secrets Guide Tue, 09 Mar 2010 20:55:15 +0000 http://appraisalnewscast.com/?p=421#comment-85 [...] Appraisal Management Survey Sheds Light &#959&#1495 Industry Propaganda … [...] [...] Appraisal Management Survey Sheds Light &#959&#1495 Industry Propaganda … [...]

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by Involutary Retirement http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-84 Involutary Retirement Tue, 09 Mar 2010 20:11:18 +0000 http://appraisalnewscast.com/?p=421#comment-84 Give the AMCs a break. Let them lie to americans for a little longer. What comes around usually goes around and the AMCs have already planted the seeds for their own untimely deaths. Cuomo is so arrogant that he also fails to realize that HVCC will cost him the NY governorship. Realtors, appraisers, mortgage brokers, & borrowers have endured the HVCC ass kicking for nearly 12 months. The time has arrived for these four groups to render a relentless asskicking in reverse. CONTACT YOUR U.S. SENATOR ABOUT GETTING RID OF HVCC WHILE BEFORE THEY VOTE. ASK EVERYONE YOU KNOW TO CONTRIBUTE FUNDS TO WHOMEVER OPPOSES ANDREW CUOMO FOR NY GOVERNOR IN 2010. CNBC RAN A GREAT STORY ON HOW HE WAS RESPONSIBLE FOR THE FINANCIAL CRISIS. USE THAT STORY TO HELP RAISE FUNDS. END HIS POLITICAL CAREER NOW!!! Give the AMCs a break. Let them lie to americans for a little longer. What comes around usually goes around and the AMCs have already planted the seeds for their own untimely deaths. Cuomo is so arrogant that he also fails to realize that HVCC will cost him the NY governorship.

Realtors, appraisers, mortgage brokers, & borrowers have endured the HVCC ass kicking for nearly 12 months.

The time has arrived for these four groups to render a relentless asskicking in reverse.

CONTACT YOUR U.S. SENATOR ABOUT GETTING RID OF HVCC WHILE BEFORE THEY VOTE.

ASK EVERYONE YOU KNOW TO CONTRIBUTE FUNDS TO WHOMEVER OPPOSES ANDREW CUOMO FOR NY GOVERNOR IN 2010. CNBC RAN A GREAT STORY ON HOW HE WAS RESPONSIBLE FOR THE FINANCIAL CRISIS. USE THAT STORY TO HELP RAISE FUNDS. END HIS POLITICAL CAREER NOW!!!

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by dan richmond http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-83 dan richmond Tue, 09 Mar 2010 16:45:47 +0000 http://appraisalnewscast.com/?p=421#comment-83 I am wondering just how neutral a survey is when it is done for the benefit of the publisher. Finally, AMC's are being regulated as they should be . They have run rough shod over the appraiser since the beginning. AMC's increased in power as the major lenders recognized there is another profit center in this "real estate game". Hopefully, HR 4173 will be passed soon...in that bill the lender will pay the appraiser directly and the AMC will clearly state what service they are providing and what the lender is paying for. It's about time! I am wondering just how neutral a survey is when it is done for the benefit of the publisher. Finally, AMC’s are being regulated as they should be . They have run rough shod over the appraiser since the beginning. AMC’s increased in power as the major lenders recognized there is another profit center in this “real estate game”. Hopefully, HR 4173 will be passed soon…in that bill the lender will pay the appraiser directly and the AMC will clearly state what service they are providing and what the lender is paying for. It’s about time!

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by Does AMC Survey Shed Light on “Propoganda”? : Appraisal Insight http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-82 Does AMC Survey Shed Light on “Propoganda”? : Appraisal Insight Mon, 08 Mar 2010 20:09:12 +0000 http://appraisalnewscast.com/?p=421#comment-82 [...] appraisal management companies (AMC).  According to AppraisalNEWSCAST.com (the Coester blog), the survey sheds light on industry propaganda.  “After further analysis of the data from the Annual [...] [...] appraisal management companies (AMC).  According to AppraisalNEWSCAST.com (the Coester blog), the survey sheds light on industry propaganda.  “After further analysis of the data from the Annual [...]

]]> Comment on Obama May Ban Foreclosures Without Review by Stephan Jackson http://appraisalnewscast.com/2010/03/04/obama-may-ban-foreclosures-without-review/#comment-81 Stephan Jackson Mon, 08 Mar 2010 18:57:13 +0000 http://appraisalnewscast.com/?p=417#comment-81 We have a program here in Atlantic County NJ called R.E.AL Help (Realty Experts Alligned to Help) which was put together by the Sheriff's Office here and local realtors. This program was initially designed to provide a qualified clearinghouse of information that can assist in helping homeowners to not end up on the Sheriff Sale listings. We have had great success in our first year of functioning, but the issue now changes focus towards the 100's of people who, for whatever reason, either failed to act, or chose to ignore the financial institutions mailings, calls etc. Now it is these people, our neighbors, relatives, friends parents and children who are faced with the possibility of loosing the most important and often the largest investment of their lives...a home. The Obama program being proposed can only help in providing the type of assistance that the American people need and deserve. There is only so much that we can do at the local level to force the banking community into creating and following a template to follow and be held accountable for...I guess the word now will be accountability, across the board! We have a program here in Atlantic County NJ called R.E.AL Help (Realty Experts Alligned to Help) which was put together by the Sheriff’s Office here and local realtors. This program was initially designed to provide a qualified clearinghouse of information that can assist in helping homeowners to not end up on the Sheriff Sale listings. We have had great success in our first year of functioning, but the issue now changes focus towards the 100’s of people who, for whatever reason, either failed to act, or chose to ignore the financial institutions mailings, calls etc. Now it is these people, our neighbors, relatives, friends parents and children who are faced with the possibility of loosing the most important and often the largest investment of their lives…a home. The Obama program being proposed can only help in providing the type of assistance that the American people need and deserve. There is only so much that we can do at the local level to force the banking community into creating and following a template to follow and be held accountable for…I guess the word now will be accountability, across the board!

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by bcoester http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-79 bcoester Sun, 07 Mar 2010 06:12:35 +0000 http://appraisalnewscast.com/?p=421#comment-79 Francois, thank you for the comment. I agree the HVCC was thrown on AMC's as they had a business model helping banks (who haven't been allowed to order there own appraisals since 1992) and larger financial institution, Citi, BOA, Chase.. etc. Legislation is probably going to hurt the consumer more than anything as prices will go up. We recently paid over $25,000 in fees associated with getting registered as an AMC in several states with insurance, bonds and attorney fees included. As more and more AMC's take on this its only going to increase the cost to the consumer. What they really need is a national legislation that would enable AMC's to be registered, audited and confirmed compliant but also enable enterprising appraisal start-ups to become an AMC and compete with the LSI's Francois, thank you for the comment. I agree the HVCC was thrown on AMC’s as they had a business model helping banks (who haven’t been allowed to order there own appraisals since 1992) and larger financial institution, Citi, BOA, Chase.. etc. Legislation is probably going to hurt the consumer more than anything as prices will go up. We recently paid over $25,000 in fees associated with getting registered as an AMC in several states with insurance, bonds and attorney fees included. As more and more AMC’s take on this its only going to increase the cost to the consumer. What they really need is a national legislation that would enable AMC’s to be registered, audited and confirmed compliant but also enable enterprising appraisal start-ups to become an AMC and compete with the LSI’s

]]> Comment on Appraisal Management Survey Sheds Light on Industry Propaganda by Why Do You Need a Real Estate Appraisal? Qnagold.com | Real Estate Finance Wisdom http://appraisalnewscast.com/2010/03/06/appraisal-management-survey-sheds-light-on-industry-propaganda/#comment-78 Why Do You Need a Real Estate Appraisal? Qnagold.com | Real Estate Finance Wisdom Sun, 07 Mar 2010 01:18:11 +0000 http://appraisalnewscast.com/?p=421#comment-78 [...] Appraisal Management Survey Sheds Light on Industry Propaganda … [...] [...] Appraisal Management Survey Sheds Light on Industry Propaganda … [...]

]]>