OPEIU - Appraisers Blogs https://appraisersblogs.com/tag/opeiu/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 03:55:38 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 OPEIU - Appraisers Blogs https://appraisersblogs.com/tag/opeiu/ 32 32 52046035 The New & Improved Fannie Mae “FRAUDULATOR 2.0” https://appraisersblogs.com/the-new-improved-fannie-mae-fraudulator-2-is-an-outright-fraud https://appraisersblogs.com/the-new-improved-fannie-mae-fraudulator-2-is-an-outright-fraud#comments Mon, 15 May 2023 12:30:53 +0000 https://appraisersblogs.com/?p=29449 Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie Mae is increasingly being referred to by some, if not many American Appraisers as The Fraudulator / Underwriter 2.0 (FU-2). To be clear it is not limited to the Collateral Underwriter (CU & CU-2) software. The new Fraudulator (FU-2) combines the CU products with their numerous improper uses. The end result of which includes OUTRIGHT FRAUD being perpetrated against banks via the repurchase letters Fannie Mae now issues on a quota based system rather than because of legitimate appraisal defects....

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]]> https://appraisersblogs.com/the-new-improved-fannie-mae-fraudulator-2-is-an-outright-fraud/feed/ 42 29449 Working Paper Credibility Questioned https://appraisersblogs.com/FHFA-working-paper-credibility-questioned https://appraisersblogs.com/FHFA-working-paper-credibility-questioned#comments Wed, 25 Apr 2018 12:30:46 +0000 https://appraisersblogs.com/?p=17871 NO REAL ESTATE APPRAISER IN THE COUNTRY IS ALLOWED TO MISS THE MARK BY 7.8% WITHOUT RISKING LOSS OF LICENSE! The Working Paper demonstrates more than anything else, that given an 8-hour work day the computer will take 6 full working days (1.2 working weeks) to arrive at a result that is at best 7.8% error prone. Office of the Director, Honorable Melvin Watt Federal Housing Finance Agency… Dear Sir(s) The American Guild of Appraisers is a Guild within the more than 12 1/2 million members, retirees and family members of our parent union OPEIU, AFL/CIO. In addition to representing...

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]]> https://appraisersblogs.com/FHFA-working-paper-credibility-questioned/feed/ 10 17871 OPEIU Free College https://appraisersblogs.com/OPEIU-free-college-4-AGA-members https://appraisersblogs.com/OPEIU-free-college-4-AGA-members#comments Wed, 05 Jul 2017 12:30:16 +0000 https://appraisersblogs.com/?p=14561 Free college for AGA members! Please read OPEIU announcement below. This is an extremely valuable benefit for AGA members and those that want to join the American Guild of Appraisers (AGA). This can get some appraisers through the first hurdle of getting a four year degree by getting the two year associates out of the way. Depending on where they want to get their four year from. They may even be able to take CLEP exams for their real estate experience if they are getting a degree in real estate related fields. Your next union benefit is here! OPEIU Free...

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]]> https://appraisersblogs.com/OPEIU-free-college-4-AGA-members/feed/ 8 14561 Serfs Are Starting to Get Upset https://appraisersblogs.com/serfs-are-upset-political-leaders https://appraisersblogs.com/serfs-are-upset-political-leaders#comments Thu, 24 Mar 2016 12:30:00 +0000 https://appraisersblogs.com/?p=11519 The serfs are PISSED! Apologies. America was not founded by people that ‘went along to get along’, or that were willing to accept economic or political serfdom. Though they did so until a critical mass of frustration was reached. It is human nature to seek and then protect the benefits of privilege. To some extent this is a positive attribute. It’s the foundation of Capitalism. It is only when dishonesty and manipulation of laws becomes prevalent that the system is at risk, and not operating properly. We had dueling to keep honorable people honorable two hundred years ago. That was...

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]]> https://appraisersblogs.com/serfs-are-upset-political-leaders/feed/ 10 11519 Free Enterprise an Appraisal Myth? https://appraisersblogs.com/appraisal/free-enterprise-an-appraisal-myth/ https://appraisersblogs.com/appraisal/free-enterprise-an-appraisal-myth/#comments Wed, 30 Sep 2015 12:30:40 +0000 https://appraisersblogs.com/?p=9098 Is THAT free enterprise? I’m surprised anyone in the business today sees any minimum pricing proposal as being anti-free enterprise. Contrary to popular belief we have not had free enterprise in the GSE appraisal process since HVCC first reared its ugly head. AMCs ‘telling’ us to pick a number from $250 to $350, or that ‘THEY pay’ $325 per 1004 is NOT free enterprise. I’m an old timer (1986) that was brought up on what used to be AIREA (now the AI) & SREA (now gone) positions that free enterprise and the Sherman Anti-Trust Act prohibited us from ‘even discussing’...

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]]> https://appraisersblogs.com/appraisal/free-enterprise-an-appraisal-myth/feed/ 40 9098 ‘Customary’ & ‘Reasonable’ Fees – Oxymorons https://appraisersblogs.com/appraisal/customary-reasonable-fees-have-become-mutually-exclusive-oxymorons/ https://appraisersblogs.com/appraisal/customary-reasonable-fees-have-become-mutually-exclusive-oxymorons/#comments Fri, 25 Sep 2015 12:30:46 +0000 https://appraisersblogs.com/?p=9071 If WE don’t set ‘reasonable’ minimums for ourselves, then others will do it for us (or to us). Fellow appraisers, Please read this draft proposal for minimum national appraiser fees. I appreciate those who believe no one other than themselves should set fees, and I concur. Except, in the real world of today someone (lenders and AMCs) are ALREADY SETTING your fees. If not directly, then through ruinous less than customary OR reasonable fee competition. I’m interested in your meaningful, constructive feedback as well as comment & discussion here. For those that insist ONLY regional fees are practical, this same system works...

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]]> https://appraisersblogs.com/appraisal/customary-reasonable-fees-have-become-mutually-exclusive-oxymorons/feed/ 10 9071 Appraisal Fees ARE Being Manipulated https://appraisersblogs.com/appraisal/appraisal-fees-are-being-manipulated/ https://appraisersblogs.com/appraisal/appraisal-fees-are-being-manipulated/#comments Fri, 14 Aug 2015 12:30:46 +0000 https://appraisersblogs.com/?p=8569 Gas prices in California were $4.25 to $4.50 when oil was last at $100 a barrel. A week ago they were $50+/- a barrel and our pump prices were still over $4.00 a gallon. We are told ‘environmental’ mandated blended methanol is the cause of the $1.30 higher pricing than anywhere else in the Continental US. When those environmental laws were being passed we were told they’d only add from $0.05 to MAX of $0.15 per gallon-NOT $1.30 or 43% more! We KNOW that California politicians have also very recently heavily increased gas taxes in their never ending war against internal combustion....

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]]> https://appraisersblogs.com/appraisal/appraisal-fees-are-being-manipulated/feed/ 27 8569 I Do Not Quit, Not Ever! https://appraisersblogs.com/appraisal/i-did-not-quit-when-hvcc-uad-and-cu-came-along-i-do-not-quit-not-ever/ https://appraisersblogs.com/appraisal/i-did-not-quit-when-hvcc-uad-and-cu-came-along-i-do-not-quit-not-ever/#comments Thu, 26 Mar 2015 12:30:45 +0000 https://appraisersblogs.com/?p=7161 I Did Not Quit when HVCC, UAD and CU Came Along. I Do Not Quit, Not Ever! I do not quit. Not ever. I have a different perspective based on lifelong lessons from my father. I did not quit when a lost helmet in the last play of the season made it painful to block during high school football. That effort got me my school letter despite being 3 quarters short. It was worth the headache. I did not quit Boot Camp in 1969 when at 129 pounds and six feet, very few thought I’d make it. To this day I...

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  • Dear AMC, Goodbye... Why I'm Leaving Residential Appraisal - Dear AMC, Goodbye! The Law of Unintended Consequences is a law, like Murphy’s Law,…
  • Will the Madness Ever Stop??? Review Appraisers Need to be the Voice of Reason Having spent the day commiserating with my fellow appraisers, I have…

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]]> https://appraisersblogs.com/appraisal/i-did-not-quit-when-hvcc-uad-and-cu-came-along-i-do-not-quit-not-ever/feed/ 11 7161 One Small Step for an Appraiser; One Giant Step for the Profession of Real Estate Appraising https://appraisersblogs.com/appraisal/one-small-step-for-an-appraiser-one-giant-step-for-the-profession-of-real-estate-appraising/ https://appraisersblogs.com/appraisal/one-small-step-for-an-appraiser-one-giant-step-for-the-profession-of-real-estate-appraising/#comments Wed, 29 Aug 2012 12:30:59 +0000 https://appraisersblogs.com/?p=3336 On August 10, the Arizona Board of Appraisal dismissed the USPAP violation complaint filed by Chase Bank against John Dingeman on initial file review. Why is this newsworthy? Because it represents a major victory for appraisers everywhere. Dingeman, has been fighting strong arm tactics employed by Chase Bank in an attempt to force him to violate Client confidentiality by discussing details about an appraisal on a no-defunct loan that Chase acquired. Dingman took his fight right to the street starting a petition on Change.org and other outlets to share his story with fellow appraisers. We are happy to also report...

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]]> https://appraisersblogs.com/appraisal/one-small-step-for-an-appraiser-one-giant-step-for-the-profession-of-real-estate-appraising/feed/ 4 3336 AGA Fights to Overturn Federal Regs Cutting Appraisers Fees https://appraisersblogs.com/appraisal/american-guild-of-appraisers-fights-to-overturn-federal-regulations-that-dramatically-cut-fees-and-threaten-profession/ https://appraisersblogs.com/appraisal/american-guild-of-appraisers-fights-to-overturn-federal-regulations-that-dramatically-cut-fees-and-threaten-profession/#comments Tue, 08 Nov 2011 19:56:41 +0000 https://appraisersblogs.com/?p=1639 WASHINGTON, Nov. 7, 2011 / PRNewswire-USNewswire/ — The American Guild of Appraisers (AGA), a national organization of real estate appraisers that is an affiliate of the AFL-CIO’s Office and Professional Employees International Union (OPEIU), announced today it has retained a law firm as part of a broad-reaching effort to overturn recent federal regulations that dramatically cut the fees that appraisers are paid to perform appraisals, and threaten the viability of professional appraisal practice and the reliability of appraisals used in real estate transactions. In the aftermath of the national financial collapse brought on in part by badly underwritten subprime loans,...

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]]> https://appraisersblogs.com/appraisal/american-guild-of-appraisers-fights-to-overturn-federal-regulations-that-dramatically-cut-fees-and-threaten-profession/feed/ 3 1639 AGA to Discuss Appraiser Independence & C&R Fees https://appraisersblogs.com/customary-fee-american-guild-appraisers-appraiser-independence-reasonable-customary-fees/ https://appraisersblogs.com/customary-fee-american-guild-appraisers-appraiser-independence-reasonable-customary-fees/#comments Thu, 21 Apr 2011 19:15:23 +0000 https://appraisersblogs.com/?p=368 …excluded from Reasonable and Customary fee surveys… The American Guild of Appraisers (AGA) / Guild 44 of the Office and Professional Employees International Union, AFL-CIO met with Representative Barney Frank (D-MA) on April 14 to discuss the Guild’s concerns with the Federal Reserve Board’s Interim Final Rule (Rule) regarding Appraiser Independence. With the implementation of the Rule issued April 1, 2011, the Federal Reserve has introduced faulty regulation that implicitly fails to capture Congressional intent to reform the appraisal process and Appraiser Independence and the necessity to promote the use of market driven, Reasonable & Customary (R&C) fees for various...

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