ACI software - Appraisers Blogs

ACI Software Users

John Pratt — Tue, 20 Aug 2019 12:30:53 +0000

I just received a message from another appraiser that I believe uses ACI software. He received a request from ACI to sign a “Digital Signature Application” along with a few other forms. This appears to me to be in connection with a new form of an appraisal product which they have developed. The first paragraph of this “Digital Signature Application” read as follows 1.1 Signature Using BLACK INK, sign within the box below. Signature must remain within the confines of the box (see sample). All signature cards are destroyed after they are scanned, tested, and delivered. Passwords are not kept...

The New & Improved Fannie Mae “FRAUDULATOR 2.0” Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie…
The Great Debate on Appraisal Fees She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee…
The Real Cause of the Home Value Gap Is the Income Gap Blaming appraisers for the income gap will never solve the real underlying problem... Blaming appraisers for the income gap is…

The post ACI Software Users appeared on Appraisers Blogs.

Appraiser’s Response to MyAMC

Michael Ford — Thu, 01 Nov 2018 12:30:36 +0000

Thank you for your invitation to join your panel. I read all your details. They are addressed in the following: I find it unlikely you retain top appraisers nationwide if you think $350 is a reasonable fee in my area. Did you arrive at that by buying Corelogic’s purported ‘independent survey’? I don’t accept 30 day billing from any unproven clients with unspecified volume. Provide a copy of your current Dunn and Bradstreet rating along with a guarantee of a minimum of 25 orders per month, and I will consider deferred billing. Otherwise you would have to pay me by...

Proposal to Eliminate the VA Fee Panel VA Fee Panel - The Appraisal Institute does not believe that a move to a lender select program, such as…
It’s Time to Take Out the Junk: AMC Practices Exposed Appraisers have spent years carrying the weight of broken AMC practices, and this article pulls every one of those practices…
The Great Debate on Appraisal Fees She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee…

The post Appraiser’s Response to MyAMC appeared on Appraisers Blogs.

FTC vs Corelogic

VaCAP Board — Wed, 11 Apr 2018 12:30:52 +0000

…how the agreement between CoreLogic and the FTC from 2014 impacts appraisers… The FTC vs CoreLogic: Why it is important to Appraisers Some appraisers have reached out to VaCAP asking how the agreement between CoreLogic and the FTC from 2014 impacts appraisers. VaCAP wants to highlight the case and provide some key points of reference. The agreement revolves around the purchase of DataQuick by its competitor CoreLogic in 2014. The FTC at that time allowed the transaction with some parameters in which CoreLogic agreed to. See the analysis of the agreement here. A summary of the parameters are below: CoreLogic...

Class Action Against Corelogic A residential staff appraiser has filed an overtime class action lawsuit against appraisal management company CoreLogic Valuation Solutions. The appraiser…
My Day as an Appraiser Big Corporations like CoreLogic are like sharks... This morning, as I do every morning, I made some coffee and began…
What's In a Relationship? Salvaging Relationships with Appraisers... Wells Fargo, one of the oldest banks in the country, is working hard to salvage relationships,…

The post FTC vs Corelogic appeared on Appraisers Blogs.

Software Provider Conflict of Interest(s)?

Michael Ford — Fri, 12 Feb 2016 13:30:35 +0000

ACI software & “restricted appraisals” that suffer from schizophrenia… It’s been awhile since I reviewed or researched influences affecting products offered by appraisal software providers. It’s hardly been a number one priority lately. However, I just noticed something I’ve missed for I can’t even begin to guess at how long. Like many appraisers, I use a variety of software providers. Some do some things better than others, or easier. It’s usually been a matter of preference. I started out back in the 1980’s with Formfil PC+, back on my old DOS based system. It was a decent appraisal software. Pretty...

Form PACE Pro - Appraisal or Evaluation? Frankly this form is so screwed up! To First American Mortgage Solutions...(copy to appraisers around the US): Do you folks…
Board Member Says 'Squeaky Wheel Gets the Grease' Board Members reported a shortage of individual appraisers offering suggestions, complaints and concerns... Legitimate 'complaints' should never be referred to…
Environmental Issues Notice to Appraisers Response to LRES email concerning appraiser's responsibility regarding environmental issues Fellow Appraisers, Have you asked yourself WHY a few more…

The post Software Provider Conflict of Interest(s)? appeared on Appraisers Blogs.

ACI software - Appraisers Blogs

ACI Software Users

Related Posts:

Appraiser’s Response to MyAMC

Related Posts:

FTC vs Corelogic

Related Posts:

Software Provider Conflict of Interest(s)?

Related Posts: