…ServiceLink but I agree with StreetLinks too

“We were told to sign blank pages, and that’s what we did. It was our job.” keywords; robo signing, mers, clouded title.

Flash forward 2019; Just don’t lock the file, we need to process this using our proprietary systems and the tech guys don’t like locked files anymore.

The author of the article is dealing with typical tech focused companies ineptitude. These supposedly advanced appraisal management systems have always been a gimmick. Ask the clerks to do something new and nobody knows what to do, they are bound to the existing programming limitations. The software has been in place as a profit and control tool for a while but the guys capable of re-coding the software are long gone or on to bigger more important projects. Gotta feel bad for the process clerk who just keeps getting an upload failure error, has no resources on their side to handle it, and desperately tries to lean on the appraiser instead.

Right. Those would be the same trusted document librarians that didn’t even have signed documents in the file so they could foreclose? Hence robo signing later.

I’m SURE we can count on them to keep the paperwork straight, honest and above board, right? You know. Like they do during the appraisal process when then send us fully executed contracts to review.

US Government clamps down on real estate appraisers with senseless regulations while the stock market PONZI scheme thrives for a decade…..

its pure and total bullshit.

Only 10 years later, we’re back into the signature sharing argument? FNMA issued guidance on that previously, or I seem to recall that happening.

Are you guys locking XML files?

(attachment is from 2009 IL newsletter guidance.)

Yes Mike and you know what they say; Don’t worry because and copy of your PDF is always attached to the converted report. Didn’t we hear something similar to that after the crash when they bundled mortgages and most of the doc’s with those mortgages were not together, lost or something to that effect?

Not that this is the same but, similar to AMC Stewart Lending Services wanting to have your report digital signature on file in order to complete work for them. In my opinon there is no reason in them being able to unlock your report nor having your digital signature on file.

I hope ALL appraisers know that the xml and env formats were specifically created to enable the client to report ONLY those portions of an appraisal they want, and in a new or revised format ‘convenient’ to their client.

I want to know how THAT particular practice was ever started or allowed to remain unchallenged. Didn’t USPAP always require us to take positive steps to assure our reports would not be misused to mislead?

You & I and virtually every real appraiser complete form reports in a uniform manner to assure the client and intended users receive ALL the information necessary to make an informed decision consistent with the purpose and intended use identified in the appraisal report.

NO ONE should have the ability or right to alter that in any way. No one.

Interesting aside along these lines. Those proprietary ‘bifurcated’ avms filled online ALL have the ability to be revised and manipulated…which is why their hucksters also require your signature file. Yet another reason none of us should ever do them (client proprietary non fnma that is).