Joyce, back then there was no outreach by AI or others except to their own members. THAT’S why you may have lacked support for the issues back then. Respectfully you can’t blame others for not knowing what was going on inside YOUR professional organization.

THAT has changed now. Like it or not, non-affiliated as well as the designated appraisers of various organizations are talking to each other now. Sometimes we aren’t talking nicely, but we are talking…and the information is coming out.

Risk. Big Data. Big words. Joyce, did the AI ever look into the on-the-ground practices of appraisers in Ireland and England? Waaay back in the day I had some familiarity with same, but its been a long while. Seemed to me, if you were designated the ‘form’ written on was given little weight: all important, your Name & Desig. Back then I thought the writeup the Yanks did was likely a cover for phony values! In Ireland & England you got a name and a value, take it or shove it! Would appreciate your own take.

Merv

Jennie, I’m so sorry you got caught up in this crap while trying to refi your property. Truth is, the borrowing public is left clueless on PURPOSE.

I would also love to see both reports, and will not post or publish it without your consent. It would be great if a redacted version could be used. I’m a part of a group of Professional Appraisers that are fighting this stuff tooth & nail. You’re reports would seriously help that effort.
LaydeeTee13@gmail.com

Michael Ford….THANK YOU for being a voice of sanity in this crazy hybrid-crap appraisal world. I have actually seen several hybrid reports done by others. (because I DON’T ACCEPT THESE ORDERS)

What I’ve seen are utter garbage. NO….they are NOT the same as a full REAL appraisal…NO…they are NOT the same as a typical DESKTOP appraisal. There’s a reason they call them “hybrids”, but they are not anything close to a credible, USPAP compliant product.

1. They have data from “home inspectors” hired from craigslist & paid $10 for each property they “inspect”. (absolutely NOT joking)
2. These “inspectors” provide condition, quality and needed repairs (including costs to cure) so that an as-is value and an as-repaired value can be given by the appraiser that signs these things!
3. They have sales data, including adjustments, provided by real estate agents as CMA’s.
4. The sales data they use comes from Zillow…and it doesn’t even match what the local MLS says, because the agents and appraisers doing these are NOT MEMBERS OF THE LOCAL MLS WHERE THE SUBJECT IS LOCATED. In fact most appraisers doing these are not even located in the state where the subject and comparables are. The appraisers seem to be licensed in the subject’s state as part of reciprocity agreements.

NOW you see WHY AMC’s have worked so hard to CHANGE the Appraiser Qualifications so that there is a national standard that is the SAME in every state. Currently, many states have qualifications standards that are ABOVE TAF’s. You can’t have nationwide reciprocity like that.

5. They even have photos that are NOT THE CORRECT HOUSE!

Need I go on???

Can you say “Fox is in charge of the hen house??”

If you have a state Professional Appraiser Organization you BETTER join and get involved.

And don’t say it’s too late to do anything.

The fat lady ain’t sung yet, honey.

And nothing else matters. Because if this was clearly defined, people would be in jail.

You’re shilling for lenders. Take a step back and look at this objectively.

You’re participating in a criminal enterprise defrauding the American public and you have found a way to justify this to yourself out of both self preservation, a long chain of usurpations and abuses, as well as propaganda.

Here;

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. — Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

Say hi to the king for me. I will not be there with you. Ethics are not flexible, neither is freedom and liberty. Neither is the birthright of Americans to be free from the yolk of oppressive lenders and money changers, and to own land.

What were you saying again? Something about it’s over, they won, just roll with it? Listen to yourself, step back, be objective.

Again, recall the rolling appraiser suspension threads. These things happen in arrears, after the bubble pops.

“Don’t be left holding the bag.” However, hybrid providers have lots and lots more bags than the rest of us.

Adios. Learn to read our comms. Tick-Tock.

If you don’t see this coming down the tracks, you’re blind.

Sadly just OLD as opposed to the more polite old timer… but thanks! Apologies PBL.

Unknown at this point. Most are being touted as being completed online or ‘in the cloud’ using the promoters proprietary software. How delivery takes place beyond that is an unknown & potential variable. Also unknown is whether they will influence of be influenced by FNMAs CU system or database(s). Like manure anywhere, I’m not as concerned about final ‘format’ various delivery options. I only know I don’t want it dumped on my desk.

Joyce, I think you’re confusing regulatory jurisdiction with regulatory compliance.

Inquiring minds want to know. If you’d read the articles and comments, you’d know the tone of the response letter was one of wanting to help out, but not being in a position to do so. Likely outside of their jurisdiction.

Riddle me this, riddle me that, who in the hell actually has jurisdiction over inter state hybrid commerce and regulatory compliance enforcement?

C&R, an empty claim? A regulatory structure which does not sell out consumers best interests in a revolving door system to benefit lenders, where the majority of regulation is self imposed to eliminate competition, an empty claim? Google this; wall street, nobody went to jail.

The world is watching.

One presumes if they are going to be the new go to item, they’ll be mismo compliant in xml format and there will be a brand new patented FNMA CU approach to analyze and qualify them.

Anything less would be rather uncivilized. Experience matters.

No, you’re too much of an old timer Mike, he’s making a quipp on a popular modern approach which is, if you’re losing the argument, call them racist. It’s funny because he’s doing it wrong and he knows it. Ha! This was a popular viral meme which is still ongoing today. How to navigate politics for children, everyone who’s opinion I disagree with is; racist, hitler, whatever, fill in the blank. And he’s right, the AI seems to be very one sided lately, apparently not being reasonable and rather being very biased. As we live in a society which fairness for all is no longer optional but rather mandatory, we simply can not believe they’re incompetent. The only thing left is they must be racist. The government and institutions which deal with government would not lie to us, we must trust them implicitly. The news told us so and we believe them.

Baggs, he’s not an appraiser according to the ASC National Directory. Merely a provocateur. NO USPAP compliant hybrid has ever been shown in this blog. Never. Only three (2 Clear Val and one old proposed PACE PRO ) non compliant examples have ever been available to show here. They are an online product and there hasn’t been enough opportunity for the bad ones to filter out for peer review (yet) with very few exceptions. For the two above, only Indiana said they don’t have jurisdiction under their appraisal laws… Georgia has not made a determination yet as far as I know. They have verified receipt of the complaint.

I felt the same way Mike !!! Well said !!!

I’m not their biggest fan but let’s stay honest, ok? AI has many minority or non white designated members and have had for a very long time. It’s a baseless claim…and irresponsible imho.

This isn’t Twitter and Facebook. It’s a site intended for serious discussion of issues important to appraisers.

Personal attack? I suppose your snipe about me posting something only because it follows a narrative that exists only in your imagination, wasn’t personal? You are a hypocrite. You postulated a non existent set of circumstances and then sought to build an argument around it for no apparent productive purpose aside from some imagined intellectual discourse requirement that I meet YOUR desires to avoid doing your own research. You are an intellectual fraud Joyce. Pure fraud.

Why would any self respecting appraiser give one penny to the Appraisal institute? They are an absolute scam. Pay a bunch of money for classes you can take elsewhere for a fraction of the price and at least those competing educators are not selling out our profession to the AMCS. I strongly advise every appraiser to boycott the Appraisal Institute and all hybrid products. No client or AMC should dictate how I produce credible results.

Your request is not possible to comply with. The reason I posted old suspensions reference is because the getting in trouble and repurchase thing happens after the fact not before. The liability and risk management factor is growing with each hybrid subbed for a more legitimate full appraisal. They’re going to be easy targets, one day.

Ms Potts, I enjoy you’re language / approach, one of the best here…but, it’s not about the money: it’s about CONTROL. Always is. And the folks who understand the least about CONTROL are the Repbubs (exception, Agent Orange, he’s not a Repub, he’s a Dem! didn’t realize that now did you?). The AI was irrelevant 20+yrs ago. On Hybrids: They separate inspection from analysis. Here’s the real question Joyce (if I may), what’s the most important part of the ‘Appraisal’? and do not under any circumstance say a word about ‘adding value’, OK? got the answer? Good. Now you can more effectively tell these guys where they are going off the rails.

Your efforts will go no where, but best of luck anyway.