How interesting to read this again later.

Don’t stress on the moderation, it happens now and then. Still an open forum without censorship so it’s a last vestige of free speech. Enjoy it while it lasts.

One has a greater chance of choking on a ham sandwich than dying of this virus. They just manipulated stats and coronavirus actually cured us of flue deaths which do not happen anymore. Total death count 2020 was not elevated, after subtracting suicides for all the people whom the government lockdowns crushed. Cowards in masks and fear is now a virtue, remain terrified, question nothing, take experimental medicines even though they will not provide any preventative measures against a virus that does not barely touch the majority of our populace. Fake testing, fake results, dangerous medicines, restriction of liberties, hundreds of billions of wealth transfer. Genius.

*MANDATORY READING.

Go get ’em!! ??

Baggins, if the World weren’t burning down around us, I would back you in this. These butthurt liberals have destroyed America and the world.

It would almost be laughable, but it is actually more pathetic, that grown educated experienced adults need a referee for a message board conversation.

I don’t understand why they don’t support President Trump. It’s almost as if they were a bunch of liberal limp wrist communists.

#GodWins

Is this a joke?! Who is so sensitive they can’t read a message board without a referee? WTF ?

Great fees CJK! ;-( I only wish! I’m 50 years old, and have been a certified general for the past 32 years. My father was a certified general appraiser as well. I don’t know any other industry were a father and son are both getting paid the same amount 30 years apart. Most of my career was down in the south Florida market, but I moved up to Eastern Kentucky, where I’m originally from, back in 2009. There isn’t much commercial work here, so if I want to eat I have to specialize in SFRs.

To this day, if I want the assignment, my fee can go no higher than say $425. And that’s being generous! Typically, they send out the engagement letter with a fee of $350. And I immediately kicked out write back and ask for the $75 pittance increase! ;-(

Lordy Lordy I am stressed today! May the good Lord above give me the patience and stamina to see this through. May he bless all of us in the days ahead and watch over and guide us! Be well, friends.

Oh I absolutely concur! ;-(

I thought it was absurd when I received it back in April and I think it’s absurd now! When I was doing REO work for Xome last year they typically paid within 48 hours after report completion. I wouldn’t be surprised if all of us aren’t feeling some sort of a crunch, I most definitely am. Might anyone know Xome‘s typical pay structure? Net 30?

Many thanks and be safe out there! Make sure we carry our _essential worker_ letters!

Regards,
Robert Cline

* I am absolutely ashamed to work in the industry that has caused the collapse of America, the world. I agree with the appraiser up there who posted collusion between the AMC’s and the CCP! ?

Realrose, please refrain from interacting with Baggins! Going forward, your comments will be moderated before being approved.

Are you off the meds again? I’ve been reading mises and ron paul non stop. IW is a little too alarmist right now.

I’ll hold you to that comment if you ever cross the line and dare to review anything I’ve done. You’ve just stated you’re incapable of being non biased to conservatives.

It’s time for you to go away, permanently.

You should quit appraisal because you have very poor judgement. Why can I see it is obvious you support trump and listen to right wing talk radio. I know you believe what you see on InfoWars, so I wouldn’t find anything you did in appraisal to be credible.

How many times does Ocwen have to go down in a flaming heap before people say I’m not doing business with that company?

I’d be interested if as an appraiser, I can tap into some additional universal income? There are stories of employers wanting to bring people back right away after their knee jerk furloughs, but the employees are saying they’re getting a bigger check on the temporary welfare programs. There is this 10k instant loan for anyone with an EIN number but I don’t want a loan. If money is being handed out for free, important to tap into it to get a fair share.

In other news; Everyone has had, or will have the coronavirus-19 (TM) trademarked inventions are supposed to be recognized as patented by a corporation, which this is. Don’t you guys get it? Everyone has had coronavirus before. Because coronavirus is the flu, and there are like 50 or more strains of it all the time, constantly mutating through the years, decades, centuries, and millennia. You’ve all already had it at some point in your life. This is just a new patented strain of it.

This ends when we demand it ends. Get back to work, and stop living in fear.

Rossini: We had a problem with the Covid-19 (TM) virus issue. Then government stepped in and we now have a much bigger problem. Public health is a complete myth.

And check this link out. Your cell phone has always been tracking you. What a convenient time to roll that out as somehow acceptable and helpful. Guess which device is going to tattle on you if you’re not following all these ‘rules’. We bought an RF shield bag just yesterday for our single shared family cell phone.

https://www.google.com/covid19/mobility/

This is discrimination based on employment type and it must end.

Read this:

Mortgage Firms Teeter Near Crisis That Regulators Saw Coming

https://www.bloomberg.com/news/articles/2020-04-03/mortgage-servicers-teeter-near-crisis-that-regulators-saw-coming

Pay attention to who the lenders and secondary market are that are cited in the article and a couple of quotes;

“Under agreements with Ginnie, Fannie Mae and Freddie Mac, servicers themselves must advance the money when borrowers postpone payments and it can take months before they are reimbursed. Congress didn’t provide explicit funding to help servicers with that problem, and some of the companies say they don’t have the liquidity to handle it themselves.”

“After the financial crisis, large banks like JPMorgan Chase & Co. and Bank of America Corp. severely reduced the number of loans they were willing to make under Ginnie-supported programs. Mortgage lending was less profitable than other business lines, and some banks stayed clear because they were scarred by government penalties for alleged fraud.”

“As the banks retreated, Quicken Loans, Freedom Mortgage, Mr Cooper Group Inc. and others filled the void. Nonbanks’ share of new mortgages has risen to 66% of the market from 40% in 2013, according to the Urban Institute.”

Hopefully you’re getting pre-paid on the front end for any “orders” these days.

Many appraisers are going to be “shocked” and “awed” by what is actually out there and headed their way.

Notable, thanks Marion.

I checked if I could somehow zing my final years through with a 5 year or something like that. Not really possible to get a better deal unless to extend the term, and then, it’s not really a better deal because of cash equivalence via interest amortization. That rate would have to drop to near zero to answer the gained interest amortization for people on shorter term payment schedules. It’s the; ‘fed already used up all the ammunition’ argument.

One could explore a cash loan or heloc to pay down remaining principal, but then you’d lose mortgage interest deduction and the convenience of automatically tied in taxes and insurance payments, with a higher rate to boot.

Got to feel bad for those whom dipped into the house like it was an atm machine, kept refreshing the new 30 year term, fully leveraged at 98% no down. The writing was on the wall. Wiped out in housing twice in a single decade? And just like that, the bubble went pop.

THE APPRAISAL WAIVER PARTY IS ABOUT TO END FOLKS

Related to (per the data collection opt out address links on the xome website)
https://www.title365.com/About/Title365
Xome is a subsidiary of Nationstar Mortgage Holdings LLC, dba; Mr Cooper.
https://mrcoopergroup.com/

Amc’s are a cash grab for the larger corps. They’re all that way now, subsidiaries of subsidiaries, always tied to title and servicing. Fooling all the vendors whom don’t take the time to learn whom they’re dealing with.

Now this is the industry article to pay attention to, link below. Mr Cooper Group, the countries 3rd largest mortgage servicer. It’s all coming down like an avalanche, all at once. Of course they’re going to send the appraisers out there without hesitation. They’re desperate to reset the clock on as many loans as possible, whatever they can do to keep the pending defaults directed away from the forbearance programs and overwhelmed help lines. If you ever wanted a good reason to contact the lenders and servicers directly, demand they stop using their own amc cash grabber, present current fees, and pay appraisers what they are worth, now is the time. Xome is basically synonymous with Mr Cooper. Think of it that way. The mortgage servicer who’s managing the origination loans just before the end point. What a rat race.

Let’s reverse engineer the article topic letter and imagine what the suits and ties were saying in the board room as they dreamed up that ‘permission slip’. It’s a shot in the arm, a confidence booster, get those appraisers back on the street right now. We’re going under and we have to have those guys working! What can we do? Let’s give them permission slips, that might work. Genius! Move on that right away! Who’s running the amc department, get them on the horn before we have to start pushing more recalls and lose all our end point investors! Now ask yourself appraisers, if you were in their shoes, what would the appraisal service be worth to you? Would it possibly be invaluable? Worth enough to restructure the assignment programs if enough appraisers pushed back? The permission slip is nothing more than a litmus test to see what must be done to get the appraisers back out there, and fast. You think those guys are worried about permission to travel freely and continue working? I can assure you they are not.

Those guys are worried about the dollars, they’re about to get absolutely crushed. They’re not alone. Expect more of the same. What comes around goes around. If they were not aligned with the amc model the other 75% of all licensed appraisers whom refuse to work with amc’s would be available to them. We refuse to help until the amc’s are completely gone. That’s the position, and we’re sticking to it. They can’t pay us enough. As long as the amc model is in place, we refuse service on general principal.

https://www.washingtonpost.com/business/2020/03/27/mortgage-relief-coronavirus/

The other side of the argument Scott, is that your argument also has merit. Don’t want to overwhelm the medical system and be caught without treatment options and all of that.

Better if you’re going to get it, which you will eventually get it, to have that exposure after they’ve gone further down the track, nailing down effective immediate treatment regimes.

But really, that’s sort of more attuned to the people with underlying conditions. Those without such conditions just perceive it as the flu and they are likely to bounce right back. Data is coming in that the majority of people are asymptomatic and simply spread it instead of being affected by it. Did you say you’re taking precautions while still going to the office? HO HO HO, Merry Christmas!

I’m going to be kind and rewind on this one. You’re like a duck racing back and forth across a carnival stop shooting gallery with that comment. You were the one at his house. Deal with it or stay at home.

If you are like all about the fear of it all, then embrace the fear. Like many other viruses, it can exist in exhausted air from the lungs for many hours in the open air itself, being an inert molecule covered in a microscopic fat lipid, only a micron or so large, it simply floats without attraction to anything but the air molecule it is currently attached to. It lingers in the air everywhere a person walked, moved, breathed, and also floats with the breeze. Then it rests on surfaces for a week or longer depending on the room temperature, and surface material it lands upon. Just waiting for you to breath it, touch it, transfer it to your clothes, bring it into your car, into your home, onto the things you think are safe elsewhere. Be afraid. Be very very afraid.

When people eventually realize that despite their best efforts, they can not control a microbe, they will quit being concerned about the microbe. In all likeliness, you already have it anyways and you’re just fine, probably already over it. They say 98% to 99% of all humanity will have it within 2 years, just like all other flues and regular contagions on this planet. You’re either going to make it or you are not. Now, how much of your humanity, the social norms, and liberties as you know them to be, are you willing to sacrifice in the meantime.

A valid question on loan qualification CJK, but the answer is right in front of you.

Don’t believe everything you hear on the ‘news’. The illusion of choice.

Appraisers whom would choose to participate in unemployment voluntarily… Well, if that is their prerogative, it’s their own business decision.

https://charleseisenstein.org/essays/the-coronation/

Liberty. Too Big To Fail.

Permission to have Liberty? The concept is absurd, and so are those whom would embrace it.

Good, people filled with fear can just stay at home and follow the orders of their masters. Patriots will take it from here. The future never has, and never will, belong to tyrants or those that bow to them.

This just in, those clever hybrid inspector apps just got rebranded as corona 19 solutions for appraisers and are being presented as new tools. Talk about fast development, remarkable.

How’s globalism working out for you personally? Pick a side or it will be chosen for you.