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Force of Truth Needed at Appraisal Institute, mai

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Posted by Force of Truth Needed at Appraisal Institute, mai Terri A Pi on October 06, 2008 at 11:07:50:

"Force of Truth Needed at Appraisal Institute, mai"

Letter: Force of law needed in appraisal industry
by
Terri A Pittman
Comments 7 | Recommend 1
April 27, 2008 12:02:00 AM
There has been a lot of coverage in the media recently about mortgage fraud. As a real property appraiser and member of the Appraisal Institute, I am pleased this issue is now getting so much public attention.

For years, many mortgage brokers, lenders, real estate agents and others have been pressuring appraisers to supply a value for a home that makes the deal go through and then threatening the appraiser that they won't be paid or hired again if they don't come up with the lender or broker's desired value.

"In the Appraisal Institute Tradition He is also a lier. He is not an MAI he is an Associate Member. They literally believe that lieing will make them morecretiable. Facinating!"

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Terri A Pittman
www.A1Appraisers.net
A1 Appraisals
2209 Presidio Avenue
Modesto CA 95355
(209) 544-1884
honor4jc@yahoo.com
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