Comments on: The Con, We Were All Sold a LIE

By: Frank Folupa

Frank Folupa — Wed, 23 Sep 2020 16:46:03 +0000

I just read that it was George Soros who bribed Barney Frank and Chris Dodd to write the Dodd-Frank legislation.

By: Retired Appraiser

Retired Appraiser — Tue, 04 Aug 2020 01:40:12 +0000

In reply to Koma.

In my state minimum wage was $5.15 in 2001. It will be $9.15 in 2021. You are correct, even McDonald’s salaries have nearly doubled in 20 years. To add insult to injury however, you will find that every fee that you pay to stay in business has increased HEAVILY. I have no clue how residential appraiser stay in business other than by cutting corners or outsourcing your typing to India.

By: Koma

Koma — Tue, 04 Aug 2020 00:45:01 +0000

In reply to Scott.

And they would like to get rid of us to boot.

By: Koma

Koma — Tue, 04 Aug 2020 00:43:00 +0000

In reply to Retired Appraiser.

Not even a person working at McDonalds.

By: Bill Johnson

Bill Johnson — Tue, 04 Aug 2020 00:12:08 +0000

In reply to Realrose.

Perhaps there’s something to what you are saying Realrose, or not, but call me a fool (Fool), but I would rather have a bunch of bad individuals, corporation, etc., versus the left’s push towards cancel culture and wanting a fast track to socialism.

I’m from the government, and I’m here to help.

Seek the truth.

By: Realrose

Realrose — Mon, 03 Aug 2020 21:22:45 +0000

Sounds like a mob boss has his fingers in the pie still; I will wait for more details when I watch this new documentary. I hope it is accurate;. I remember Black from the RTC days when I was a review appraiser. Mozillo bought the Gibraltar S& L building I appraised in 1992 for the price I valued it at; maybe we have a case of the mob; remember, our president is involved heavily in real estate fraud, laundering money for the Russians. I know of one case and I can disclose whatever you want. Challenge me. For references to his connection with the mob, please read House of Trump, House of Putin, by Unger. It is not a joke. Yes there is trouble, yes, we are screwed again.

By: Mike Ford, American Guild of Appraisers (AGA™)

Mike Ford, American Guild of Appraisers (AGA™) — Mon, 03 Aug 2020 19:32:49 +0000

I urge all to watch this. Many of the appraisers that attended Appraiserfest in November 2018 were interviewed for this. They included former FNMA QC appraisers, state regulators, USPAP instructors, & activists in the appraisal profession.

No one except the editors know what the final cut includes but I’m guessing it will be extremely informative for many. It should be of interest to everyone. Not just appraisers. Pass the link along to friends & family
.

By: Baggins

Baggins — Mon, 03 Aug 2020 17:48:23 +0000

Caveat Emptor. One solution is to uncouple the effective cost of services from the loan origination and sale itself. Watch consumers take a big step back and get better educated without any help from anyone or further incentive to be better educated, simply due to the gravity of the high out of pocket costs. Bad money to the back burner. It may be difficult to engage in systematic origination fraud, if you had to pay your own service fees.

Can you imagine, if they wanted money supply expansion, if they had to call down to the miners and mines, and say fire up the drill boys, work overtime, the bankers need more cash! The con is rooted in the money itself. Audit the fed. Could those powerful corporations ever have achieved those positions if the dollar was backed by gold and silver? If perhaps the government was not in the business of lending and insurance with taxpayer backing?

By: Scott

Scott — Mon, 03 Aug 2020 15:17:55 +0000

Take a look at title insurance too. Just type into Google “Title insurance is a scam”. In California it add’s thousands of dollars to a home loan. Hoping this link will work. It’s never made any sense that the ONE person that has no vested interest in the transaction (the appraiser) get’s paid so much less than others (escrow/title/REALTOR, etc) yet has such an important role in the overall transaction (what is the value). https://www.curbed.com/2018/2/26/17017142/title-insurance-scam-government-takeover

By: Perry E. Turner, Jr. on Twitter

Perry E. Turner, Jr. on Twitter — Mon, 03 Aug 2020 14:53:05 +0000

Thanks for posting this!!!

By: Retired Appraiser

Retired Appraiser — Mon, 03 Aug 2020 14:44:02 +0000

I am looking forward to the followup series (The Con II) where they explain precisely why appraisers are getting paid the same $300 to $400 today that I was getting paid nearly 30 years ago. Hopefully that docuseries will locate hundreds or thousands of people from all walks of life whose income has not doubled over the past 20 years. I’ll bet my money on the fact that they don’t find a single person or career field.