Comments on: Appraisers Take on Washington DC https://appraisersblogs.com/regulators-amcs-appraisers-working-together Appraisal News and Tips for Real Estate Appraisers Sat, 11 May 2019 04:22:35 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Mike Ford, AGA, GAA, RAA, SCGREA, Realtor® https://appraisersblogs.com/regulators-amcs-appraisers-working-together/#comment-23331 Sun, 28 Oct 2018 13:52:42 +0000 http://appraisersblogs.com/?p=19637#comment-23331 AARO has no legitimate reason for existence. None. Official state policies are not and should not be decided by official regulators acting as individuals under the auspices of a private corporation that is not answerable to taxpayers and government oversight. Nor should those same state regulators be allowed to lobby as a private entity for changes to their own or anyone else’s regulatory requirements where they are perceived as having some level of governmental imprimatur or authority. Those are actions for elected state representatives – not appointed or salaried officials pretending to be private citizens.

Attending AARO conferences to identify what the regulatory ‘enemy’ is thinking or attempting to promote behind the scenes is commendable and prudent.

However, it is an egregious error in judgement for VaCAP or any appraiser to start treating AARO as a legitimate entity to be negotiated with. Suggesting we can or should have “AARO, Appraisers & AMCs working together” is utter nonsense.

It’s at least as nonsensical as regulators trusting AMCs behavior based on the honor system, after having had extensive evidence and court cases over the past 9+ years that “honor’ is an extremely scarce commodity among them.

Instead of playing patty-cake with AARO, it would be far more productive to ask each and every legislative body in the States why they permit official state policies to be decided upon out of view of their elected constituents and developed through a private corporation staffed by officials pretending to be private citizens.

]]> By: Vincent R Simon on Facebook https://appraisersblogs.com/regulators-amcs-appraisers-working-together/#comment-23301 Fri, 26 Oct 2018 23:56:29 +0000 http://appraisersblogs.com/?p=19637#comment-23301 See, I’ve been saying this all along , get ready for them. AMCs don’t like them cause of the cost, they can’t Rob the appraiser .

]]> By: BonaFide https://appraisersblogs.com/regulators-amcs-appraisers-working-together/#comment-23300 Fri, 26 Oct 2018 17:45:09 +0000 http://appraisersblogs.com/?p=19637#comment-23300 “Some AMC’s are also seeing these products as problematic for everyone”

It appears though that the vast majority are pushing these hybrids. Which amcs see these as problematic?

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