Gadda, that’s simply not true. Relatively small numbers of ACTIVE, registered voters can have a tremendous effect. Actually, only a few very active appraisers in coalitions, ASA, AGA, and even AI have accomplished a LOT! We don’t always agree on what should be accomplished, but it’s a proven fact that ‘we’ can collectively achieve results.

People like Jim Park of ASC don’t attend public group meetings on whims. They go for a reason. The people in the groups (varied) exert influence.

Speaking of which, Mr. Park told me that at recent ASC quarterly meetings they have had on average ‘ZERO’ appraisers attend and on the other side, REVAA and AMC always send half a dozen or so. That’s not ‘money’ speaking or buying influence. That’s people that care enough to show up exerting influence. Sure, some are paid to do so, but how hard could it be to get 25 to 50 people from Virginia, Maryland, and DC to go to these every quarter? Heck, only THREE from each state /District would be impressive to regulators that to now have seen ZERO appraisers.

I’d go in a heartbeat but California is a mite far to commute. I actually enjoyed every meeting I’ve had with Mr. Park in California (2); Arizona (1) and San Antonio (1). He is informed; attentive and cares about appraisal integrity. He LISTENS! That doesn’t mean he always agrees but he has the intellectual integrity to tell you when he disagrees…and why.

That’s all it takes to get started. Just a handful of people that want the honor (and it is an honor) to speak with him in person each quarter. Those meeting can’t solve all our issues but it will reassure attendees that we are on the right path(s).

Volunteers anyone?

——– Original Message ——–
Subject: MISMO – BOARD OF DIRECTORS
From: <janbellas@appraisersguild.org>
Date: Fri, May 04, 2018 10:29 am
To: “‘Jan Bellas'” <janbellas@appraisersguild.org>
Cc: <mike@mfford.com>

MISMO | About MISMO | MISMO Connect | Join MISMO Contact Us

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Board of Directors
MISMO Board members are appointed by MISMO’s parent corporation, the Mortgage Bankers Association. The Chairman and Vice Chairman of the MISMO Board are appointed by the Mortgage Bankers Association. Ex officio representatives from the various Committees which report to the MISMO Board are elected by their respective committees on an annual basis.

The current members of the MISMO Board of Directors are as follows:

Chair Michelle Korsmo, Chief Executive Officer, American Land Title Association Members
Nancy Alley, Vice President of Strategic Planning, Simplifile [electronic recording and coordinating service https://simplifile.com/ ]                                             
Bill Beckmann, President and Chief Executive Officer, MERSCORP Holdings, Inc [ownership rights free public access https://www.mersinc.org/about GOOD LINK TO HAVE]
Pete Carroll, Executive, Public Policy and Industry Relations, Core Logic 
Andy Crisenbery, Senior Vice President, Business Operations and Strategic Partnerships, Black Knight
Mike Fratantoni, President of MISMO and Chief Economist, Senior Vice President of Research and Technology, MBA                                                            
Tricia McClung, SVP Enterprise Data Governance Execution,SunTrust Mortgage
Kurt Pfotenhauer, Vice Chairman, First American Title Insurance
Ken Rivkin, Global Head of Commercial Real Estate and Managing Director, Auction.com a Ten-X Company                                                                      
Donald Smith, CIO, Common Securitization Solutions
Joseph Tyrrell, Senior Vice President Corporate Strategy, Ellie Mae
Caroline Watteeuw, CIO, Caliber Home Loans

Ex-Officio Rep. / Chair of Strategic Planning
Matt Seu, Partner, Actualize Consulting Services
Ex-Officio Rep. / Chair of Residential Governance
Randy Poirier, Vice President of Data Solutions, Black Knight 
Ex-Officio Rep. / Chair of Commercial Governance
Brian Hunt, Multifamily Financial Operations and Analytics, Fannie Mae
Ex-Officio Rep. / Chair of Education
Charles Epperson, Chief Technology Officer, Signia Docs and MRN Cubed

MISMO | Terms and Conditions | Privacy Policy | MISMO Policies and Procedures | Site Map | Contact Us | MISMO Bylaws
© 2017 Mortgage Industry Standards Maintenance Organization. All rights reserved.

*I annotated items inside brackets [ ], mike

MISMO | About MISMO | MISMO Connect | Join MISMO Contact Us

Top of Form

Board of Directors
MISMO Board members are appointed by MISMO’s parent corporation, the Mortgage Bankers Association. The Chairman and Vice Chairman of the MISMO Board are appointed by the Mortgage Bankers Association. Ex officio representatives from the various Committees which report to the MISMO Board are elected by their respective committees on an annual basis.

The current members of the MISMO Board of Directors are as follows:

Chair Michelle Korsmo, Chief Executive Officer, American Land Title Association Members
Nancy Alley, Vice President of Strategic Planning, Simplifile [electronic recording and coordinating service https://simplifile.com/ ]                                             
Bill Beckmann, President and Chief Executive Officer, MERSCORP Holdings, Inc [ownership rights free public access https://www.mersinc.org/about GOOD LINK TO HAVE]
Pete Carroll, Executive, Public Policy and Industry Relations, Core Logic 
Andy Crisenbery, Senior Vice President, Business Operations and Strategic Partnerships, Black Knight
Mike Fratantoni, President of MISMO and Chief Economist, Senior Vice President of Research and Technology, MBA                                                            
Tricia McClung, SVP Enterprise Data Governance Execution,SunTrust Mortgage
Kurt Pfotenhauer, Vice Chairman, First American Title Insurance
Ken Rivkin, Global Head of Commercial Real Estate and Managing Director, Auction.com a Ten-X Company                                                                      
Donald Smith, CIO, Common Securitization Solutions
Joseph Tyrrell, Senior Vice President Corporate Strategy, Ellie Mae
Caroline Watteeuw, CIO, Caliber Home Loans

Ex-Officio Rep. / Chair of Strategic Planning
Matt Seu, Partner, Actualize Consulting Services
Ex-Officio Rep. / Chair of Residential Governance
Randy Poirier, Vice President of Data Solutions, Black Knight 
Ex-Officio Rep. / Chair of Commercial Governance
Brian Hunt, Multifamily Financial Operations and Analytics, Fannie Mae
Ex-Officio Rep. / Chair of Education
Charles Epperson, Chief Technology Officer, Signia Docs and MRN Cubed

MISMO | Terms and Conditions | Privacy Policy | MISMO Policies and Procedures | Site Map | Contact Us | MISMO Bylaws
© 2017 Mortgage Industry Standards Maintenance Organization. All rights reserved.

*I annotated items inside brackets [ ], mike

Your comment, are they listening, got me to thinking….

Googled; ftc revolving door, this was the first hit.

Revolving Door : Search Results – Employer search: Federal Trade Commission

I’m not going to bother to go through it, I don’t have that who’s who name association radar skill like others.  But I’d bet cha a pepsi a correlation is in there somewhere.

Beer money is non negotiable. That being said, don’t worry about me. Perhaps my statements are too long and detailed to get the simple point through, because we’re on the same page. Individual boycotting is what matters, and that needs to be a year round effort.

What could go wrong with First American and Corelogic both represented or influencing direction?

FTC ARE YOU LISTENING??? THIS is where the anti competitive policies are being cooked up.

So you are saying that a boycott of AMCs will not work Baggins? You are absolutely wrong. You’ve had 9 years to fix the problem…yet it not only continues to exist…it’s getting worse with every year that passes. Unfortunately obtaining a permanent fix (eliminating AMC control) will require a great deal of pain for appraisers. Had they undertaken the project in 2009 (when they were virtually without orders) this would not have been a difficult project. Quite simply: What I’ve proposed for nine long years is THE ONLY SOLUTION. If there was another workable solution to reclaiming the “profession” you would have stumbled upon it by now. What do you have to lose? You’ve already admitted that you only trust this “profession” enough to provide you with what you termed as “beer money”. It’s a crap job..admit it. Roll the dice and if you lose your beer money so be it.

If there is one great thing I took away from the instant substitutability events, I’ve learned that goes both directions. Why they’d want me to pick up the phone and land a new client remains a mystery. But certainly, all it takes is a day or two most, some calls, some emails, perhaps a follow up. Sold! Direct assignments, flat rates, C&R or better. It’s not rocket science. Amc’s are like telemarketers, constantly recycling an ever reducing contact list. Eventually this time had to come. Major lenders nationwide have recently tested the market and ‘went direct’ within the past year or two, some more recently. The time is now to lift up, market again, and promote this return to distribution sanity. I remain mystified how appraisers allow themselves to be sold on the merits of completing their own services for a reduced payout amount. Most ridiculous sales tactic ever, which is a testament to appraiser incompetence for appraisers whom say yes. Complaining on boards or to government won’t help those guys, it’s up to them to help themselves, 1099 appraisal service is still to this day a free market. Special insider tip; If the panel manager is a licensed appraiser, that’s better than even higher paying leads where the managers are not appraisers, prioritize the appraiser ran panels first above all others. In the amc world, those managers are puppets, but in lender direct, they’re employees of the bank whom hold a client duty to not screw things up. Where as with amc’s, their client obligations are more profit and bottom line focused. It’s like salaried vs commissioned lending. direct vs amc and appraiser managed panels vs non appraiser managed panels is truly like day vs night. When you’re managing your manager, that’s when you know…

Yeah, well educating children with government funding is quite different compared to individual 1099 workers standing up visibly and openly to powerful multi national lender interests whom stand to vastly increase profits from these manipulative tactics. There has been lots of coverage for the appraisal industry. If we all stepped off of the job, that would just be an excuse to go full steam ahead with waivers and hybrids. As usual with the emotional content, close but no cigar. The proverbial ‘walk out’ happens daily, with every appraiser whom individually refuses to fee quote for everyday orders, and demands a return to ethics in billing, aka; a reasonable flat rate or minimum fee expectation for all orders for all companies, which is not promoting the now solidified pay to work model of most middle management agencies. Skapinetz recently reiterated a long standing but important line; If amc’s are adding value, why can’t they charge for that separately? Answer; too many appraisers are busy pondering walk outs and mass resistance, but fail to understand they are a force in this market to themselves, and every time one refuses improper engagement they have a cumulative influence. I just boycotted again, and have a fresh direct assignment flat rate panel application to fill out. The solution is not a walk out, the solution is to market in a more effective manner and support the good guy lenders whom don’t force you to work with middle management. They’ll post superior service terms and results, will have far less turnover of their and 1099 staff, and then in proper order, the next lender will follow the model to stay competitive. When they said amc’s have a limited business model, that is what is meant by that. By standing up for yourself individually, all alone, appraisers in this scenario have the unique benefit of also standing up for their peer appraisers. And vice versa, appraisers whom discount for the lions share have a very negative and detrimental influence to other appraisers. To stop improperly co mingled fees, appraisers need merely care about ethics in billing. This is an entertaining read, a result of excess demand in Colorado the past few years.

Opinion Piece: Appraiser Shortages in Colorado

You are right…although around 9 years too late. Teachers that are using this tool understand that the primary goal of the walkout is to obtain national news coverage…and it’s working like a charm.

Related again, mismo home page. Hey, look how amc’s are noted first, appraisers come second. Bias?

Property & Valuation Services WG | MISMO

At this moment many good and established Appraisers are being kicked to the curb as soon as the “client” can find anyone who is complicit in “hitting the #” and turn time “desired” in exchange for a % of a fee that does not allow us the Resources to perform at this level.

I always had a staff person or 2 for 15 years before HVCC – since Dudd-Fwank it’s just been me and a 10 year old car trying to get the work done alone while avoiding the constant barrage of demeaning and TIME wasting status and update requests.

Get the resources and TIME back to where it is needed – the Appraiser!!  and most of these “problems” will be corrected.

Thank you.

A walk out taking place when you describe would be nice as a demonstration of solidarity among appraisers. It’s a traditionally slow (near ‘dead’) period where few would be hurt financially. The problem: IF appraisers were unified enough to pull a walk out off, there actually would be no need for the walk out to begin with.

Appraisers would self-correct the marketplace by refusing to accept low fee orders and especially hybrids or evaluations designed to put residential appraisers for mortgage transactions out of business.