That is a good example of how statistics can go very wrong. We have a low unemployment rate because most are self employed and those not currently employed don’t want to be an appraiser given the current environment. All this is going to do is push more people to a career they don’t even remotely understand.

Hilarious, or sad, there was an article with appraisers on the chopping block.

Agreed. Great article. 5 year maximum effective reliability shelf life of all appraisals, a higher risk assignment for anything other than the officially defined appraisal, move accountability back to the originators by removing taxpayer insurance backing, wind down the gse’s.

https://www.opensecrets.org/cong-cmtes/overview?cmte=HFIN&cmtename=Financial+Services&cong=116&cycle=2018
https://www.opensecrets.org/orgs/summary.php?id=D000032148&cycle=2018

Do you ever get the feeling you’re not fairly represented? If I’m reading these disclosures correctly NAR gave 554m to this house financial services committee. Ring them up and ask why they’re not doing anything to protect the traditional appraisal industry. They’re one of the biggest donors. Click on the various tabs and highlighted links to explore more.

https://www.usatoday.com/story/money/2019/07/23/jobs-with-the-best-and-worst-job-security-based-on-unemployment/39794297/

The solutions are still up for debate, but reading between the lines of current regulatory agency policies proposed regulations and advocacy by public agencies it appears the decision has already been made.

Whatever is necessary to achieve MISMO full automation goals of mortgage lending is decreed to be ‘good’ for America and above all else “Protecting the Public Trust” through whatever the con job artifice of the moment is.