A few years ago Baggins I made the argument and provided some staggering numbers (my numbers) relating to the lack of C & R fee compliance, and what the fines would be if ever enforced. As Dodd Frank outlines and allows $10,000 a DAY fines for not paying C&R fees on a SINGLE appraisal, what could the fine be after 10 years on one report, how about $36,500,000. It gets very interesting when you multiply like numbers (fines) 10 of millions of times (completed appraisals). The numbers are staggering.

Seek the truth.

Every country, every nation, and every republic has an upper “1%.” Even in socialist countries, it is typically party members at the apex of the hierarchy who are the 1 percenters. It has ever been thus.

!00% agreed. We Can fix our problems, Both parties can. But really rarely agree. SAD !!! To the detriment of the American hard working people. A lot of people say there is nothing they can do. SAD !!! They have given up. That is what I hear every time I hear it.

As long as you understand it’s not a red/blue issue and defining a party will not get you to the goals you seek. You’ll need to become an advocate for smaller sized government and financial accountability from the top down if your goal is to tip the balance of power back to the people and restore honest representative governance. Can it be done? Yes, in theory. That’s why I’m still glued to the Liberty Report all these years later and continue to vote the issue, not the party, and most importantly, vote with my wallet and operate on a cash basis outside of the debt structure whenever possible. The creature from Jekyll Island lives on.

Advocate, Trust me, I have been to other countries. Our country does not help the 99%. Wait, I am wrong, they gave the 99% a $1,000 a year tax break, while giving the 1-2% 1.5 Trillion over 10 years, lowered the inheritance tax to create King ships in this country to control our country for the next 3 generations. You think there is nothing we can do, we can…VOTE for the right people who want to HELP the 99%, not the 1-2%. So you are right, there is really nothing we can do, until WE VOTE to put the right people in government, NOT the 1-2%

Other countries have the similar problems, not all of them, and the cost of living is way lower, and ours just continues to climb and climb and climb, The appraiser issues is just another example;e of nothing really getting done for us, The current AMC problem can be changed. With the right people in office. I say WE can change things ! You said WE can not. and just look at the glass half full. I look at it like its really half empty and let ALL try to get it all full !!! For The American working class. Not the 1-2%. BANKS, PHARA, BIG OIL ETC….

Chris, No what I am saying at all, I was referring to your comments about leaving this country and the grass being greener in another country. Things may not be perfect, but they are not perfect any where. You should always look for the positive. It is like when you think the worst is going to happen, then it does. Think positively and good things happen. Life is a perspective.

Advocate, so what you’re saying is nothing can be changed. that is basically what the silent majority thinks to themselves in our country, and they just sit around work their rear ends off and just say it’s just the way it is. Sad !!!

Well said !!!

A meaningful array of checks and balances has always been a cornerstone in American Democracy. It’s one of those necessarily bureaucratic pursuits which our liberties are founded upon. The gse appraisers purpose is not to protect lenders. The gse appraisers purpose is to protect the viability of lending systems so citizens can pursue access to lending with dignity and fairness, to pursue the American dream. Dismantling the checks and balances industry certainly will have far reaching implications, extending much further than individual appraisers ‘jobs’.

Monetize the problem because a class action against amc’s could possibly be the largest class action in history. Some accusations other appraisers have made about amc companies through the years; RICO. Collusion. Racketeering. Restriction of Trade. Dishonest business practices. Wire fraud. Mail fraud. Embezzlement. They’ve grown to be very well skilled at a lot more than just providing unauthorized review services. They rake so many additional hundreds of millions in unearned fees, they don’t know what to do with the money and just give it to charities while simultaneously purposefully dismantling a whole industry, colluding to put roughly 80,000 American appraisers out of work. Either way, as long as an amc is in use, the consumer does not save a dime.

Or like, hybrids are the inevitable evolution of such an honest lending program… One of those…

You guys all could have just said audit the FED instead. Until the fed is audited, corporations will remain in control. The amc appraiser dilemma is a mirrored event of the first receivers of money argument regarding the fed and lenders, just on a smaller scale. Creating value out of thin air with nothing substantial to back it, because the money was placed in their hands first.

Resistance is futile. Join with the collective or perish. The world is what we make it and fortunately, you’re not in charge of the vast network of lenders and their risk management approaches.

For the ones whom loan their own money, are not backed by taxpayers, or have already dealt with substantial DOJ slaps, well, they’d be as foolish as the appraisers completing those products if they went with hybrids as a standard.

Hybrids, like bpo’s, but cheaper and without as many licensed workers!

Chris, While I appreciate your personal view, the happenings of today are nothing more than history repeating itself This has been going on since man first walked the earth. And if you think the issues are unique to this country, I suggest you tune into international news. Things are not perfect any where in the world. The glass maybe half empty, but it is also half full. Life is what you make of it!

I am not sure why we all think things will change. I am ready to get to of this country, that I love….gonna live with nice people in another country, with low cost of living and a government that works for the betterment of their people. I will NEVER have to work again and live like a king. We the people have been taken over, its so obvious of what is happening in this country for 4 decades, where the will of the people is ignored by the uppers who are bought and paid for by the 1% I truly think the 1% want another great depression to “reset” everything again to their favor as the people raise up. Do you know who created the last great depression. It was the banks recalling millions of loans, at that time all you had was a 5 year balloon payment, which no one had, think about repeat customers every 5 years to make money on. The problem with the loans is that they came with a recall clause, which the banks did causing the great depression. And what they get from it, lowered wages to a nickle an hour and bought up business and everything else for pennies on the dollar. Does this sound familiar ??? Like 13 years ago ???

The problems we face in this country could easily be solved, they don’t want them to be solved, obviously, they want us fighting !!! Which is an understatement with what is happening today in our politics. We the people have been taken over !!!

You are very naive thinking this is the case. This is not a new concept. In fact FIRREA was passed for exactly this type of activity. If you don’t know what FIRREA is look it up!

Hybrid “Fee & Turn Time”: IF/When agreeable to me, I would consider having to add this to my list of services to survive. Doubtful the Fee would be appropriate-sufficient to complete enough of them to Survive.

Waivers: abuse is: by offering TOO low of a Fee three times and poof it becomes a Waiver. THE AMC System is now more than ever BROKEN. Why would any Common Sensed person EVER desire to be an Appraiser?