There’s no such thing as violations of CU.

You are right though re turning appraisers in based on the false and misleading claims that appraisal “reviews” suggest USPAP violations MAY exist. CU is NOT a valid USPAP SR3 compliant real estate appraisal review. So every time they claim a referral “for possible investigation at the discretion of the State Board” they are flat out LYING.

No recognized, credible appraisal reviews take place on these repurchase letters and related complaints. They are instead screened by bottom of the barrel incompetents at FNMA basing decisions on CU scores and a defective risk rating system.

CU IS being used exactly as we feared it would be used when it was created. Back then, FNMAs Big Lie was that it wasn’t an appraisal OR appraiser reviewing tool.

Plenty of old articles on this blog circa 2014-2015 on the topic.

Dr. Andre Perry is himself a racist. His book is well worth reading so that one understands where he is coming from and how his own life events have colored his thinking.

He’s also a bit of a hypocrite. That becomes apparent in the first chapter. Lastly, he doesn’t know squat about appraising… or impartial scientific studies.

Would you volunteer if you found one? Or join your states coalition? Will you look up the word MISMO and read what their objectives are?

Jeremy’s been researching causation for many of the ills appraisers face, at least as long as I have been an Appraisal Union Executive. (Yes. Unions for appraisers exist). He’s even published a book on related topics.

The politics of being an active appraiser advocate will surprise you. So many of our own peers are the same people supporting detrimental policies.

It’s not hopeless but for every 5 steps forward take four more backward.

Wow, Mary, that is a very detailed website. Lots there. GIGO! brilliant. Proposals for color coded credit scoring? That figures.

Legends of the fall. Remember, they can only get as far as we let them. They sold it you bought it, but it’s never to late to return your subscription. Welcome to 2022. “We’re currently looking for new conspiracy theories, since all the old ones came true.”

Ask yourself, would these conditions be present if we had a monetary system tied to gold and silver where lenders had to shoulder the entirety of risk management without any taxpayer assurance? Article 1 Section X. This is a recurring question which is why I tend to skip it and go straight to effective solution proposals. Without the write off would donations have occurred? If pandering could not shift liability to taxpayers, would such efforts to shift regulatory structure exist in the same form? Doubtful. We may not understand exactly what we are observing but make no doubt, it is a product of the creature from jekyll island.

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

It is not a coincidence that there is a multi-front attack on the fee appraiser the last 5 years. As mentioned in the article, the problem is the SPEED in which they can facilitate loans. They just want them completed faster. The current flavor is known as racial bias. Their answer through GSE and banking regulation is enforcement and compliance using AVM’s, hybrid products, and BPO’s. Additional pressure and disciplinary action from state boards will force more appraisers from the industry. One can’t help but wonder is this the ultimate goal. Remember, the Appraisal Foundation, NAR and the NHBA are not our friends. They want us gone as well.

“Another nail in the coffin”

GREAT Article
SEND IT TO Fox News, CNN, MSN, and hurry!

Being a realist, I’m afraid boycotting is exactly what they would like. Now they would have justification to move on with another process that would eliminate the appraiser. Once that happens it is all over.

Why do appraisers as a group need to do to stop all of this? A union seems to be to late or out of the question.