Sara, Its definitely lonely times for us. I do feel for the loan officers and mortgage brokers. They have a lot of new changes to contend with. The saga with the realtors will never change though, its commission driven and why not create an uproar and go for every dollar they can, they have no liability on the financing. Appraiser's and appraisals are such an integral part of our financing system and jeapordizing the integrity of this system because banks like Chase and Wells Fargo have enough clout in the government to promote their management companies seems shocking. To truly protect the integrity of the appraisal and prevent another economic calamity like this one these giant lending institutions would not be allowed to control the appraisal system and profit from it. The independent appraiser would be further protected with more serious repercussions for lender pressure. There is always more than one way to skin a cat.

Mortgage companies will hopefully soon wake up and realize that it would beehove them to spend the money to set up an external system to order and manage their appraisals. Regular audits by a governing board could ensure a firewall exists between the mortgage company and the appraiser. Waalah!!!  Afterall AMC's are NOT mandated by the HVCC. AMC's are just selling themselves as a free service to comply with HVCC. They're TAKING half the Appraiser's fee though.

The attacks seem to come from every which way these days. I probably should but rarely take the time to educate someone spouting all they know about horrible appraisers. There is google, go educate yourself.