All Posts Tagged With: "pressure"
Since When Are Appraisal Conflicts Okay?
On RealTalk, a listserve with some 30,000+ agents and brokers, several relate that they have had bad experiences under the new Home Valuation Code of Conduct (HVCC) concept, something which only began May 1st. Why is anyone amazed? Combine a new and different program with a huge number of interactions and there are certain to [...]
30Jun2009 | Peter G. Miller | 1 comment | Continued
Can 11,000 Appraisers Be Wrong?
Gee, golly, mention the idea of pressuring appraisers to come up with the “right” valuation numbers and you’re hardly alone. There seem to be a large number of appraisers who have encountered efforts to distort their valuations. Say 11,000 of them. That’s how many signed on at AppraisersPetition.com. And what, exactly, is their beef? As [...]
29Jun2009 | Peter G. Miller | 0 comments | Continued
New appraisal code should help home buyers
Freddie Mac and Fannie Mae’s new Home Valuation Code of Conduct went into effect as of May 1st, a document which is important to buyers, sellers and lenders. For a number of years appraisers have reported being pressured to meet certain price points when evaluating a home, pressure placed on them by lenders and loan [...]
11May2009 | Peter G. Miller | 3 comments | Continued
The Human Face of Foreclosure
When Cleveland’s East Side Organizing Project has a beef with a lender they settle it the old fashion way: They get some 2,500 people to show up at a CEO’s nice home and quiet neighborhood to express their claims of loan sharking. ESOP has worked with a number of lenders to save several hundred homes [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
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