Comments on: Should the Government Accept Appraisers’ Complaints?

By: Tom D

Tom D — Sat, 12 Mar 2016 03:54:36 +0000

how much are you getting for the sub-report. flagstar was once reasonable, when hvcc started their amc rep said i had to be more competitive. in calif they were getting $125. you got your company name wrong jeff, if you work for them should be hell’s fire burning appraisers, llc. it’s the pot you choose to be cooked in i guess.

By: Jeff Weeks

Jeff Weeks — Fri, 11 Mar 2016 23:12:57 +0000

Haha that’s perfect, Not yet a retired appraiser, I just told my wife this morning man things sure are going good, I wonder whats going to happen today to screw it all up. So far so good though. Guess im just getting use to the monotony.

By: Koma

Koma — Fri, 11 Mar 2016 22:55:38 +0000

In reply to Retired Appraiser.

And they wonder why no comments!

By: Not yet a retired appraiser

Not yet a retired appraiser — Fri, 11 Mar 2016 19:55:24 +0000

I was having an upbeat day. Thanks Debbie Downers! Just kidding.

By: Retired Appraiser

Retired Appraiser — Fri, 11 Mar 2016 19:09:39 +0000

They have no problem accepting your complaints, just be aware that someone being paid minimum wage has been instructed to file all complaints in the nearest trash can as soon as they come in.

60,000+ letters were delivered from appraisers to the U.S. government in 2009 by Alamode.

*The Result: Silence

Two major petitions were circulated among appraisers in 2009 & 2010, each achieving similar numbers to the Alamode campaign. Both were delivered to the proper government officials.

*The Result: Silence

My office delivered letters to every member of Congress about the future of appraising in 2009.

*The Result: Silence

I personally delivered six boxes of research on the destruction of the appraisal industry to Senator Jim Bunning’s office in 2009 and requested a meeting with his majesty.

*The Result: Silence

If silence is golden folks…give lenders and the government the ABSOLUTE SILENCE that they deserve. If you can’t agree to boycott AMCs then walk away and have the last laugh. Those tiny fee gains that you’ve imagined ($400 to $200 to $300) are a temporary distortion of reality based on ultra low interest rates. Rates are now scheduled to rise in June; where do you see your fees going when mortgage applications and refinancing evaporates?

I am now convinced that appraisers awaken each morning and repeat the following Appraiser’s Creed on the way to work: “I am an appraiser. My time is worthless. I am a slave to the mortgage industry. I shall not revolt against my master”. How else can you explain this inability to organize and revolt against injustice? Absolutely spineless.

By: Jeff Weeks

Jeff Weeks — Fri, 11 Mar 2016 16:49:55 +0000

There has been an over reach with certain lenders with respects to value in our area. Specifically Flagstar Bank and Dart appraisal where they question values on almost every appraisal completed. To the point they request an enormous amount of support and by the end of the report have an additional report provided to question the value provided. Directly questioning the value through underwriting and attempt to sway values by relentless revision request for additional support. Again by the end all they are questioning is the value provided. I can see where a new appraiser may be influenced by their underwriters to actually change the value due to the relentless pressure they are putting on appraisers in this area.

Jeff Weeks

Angel Fire Appraisers, LLC