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To: Freedom_Is_Not_Free

Unfortunately, your comments apply to all appraisers. There are quite a group that have itegrity.

Lumping all appraisers in the “bad” group is like saying any one who was in the military have committed crimes against mankind - which we both no full well is not true - just as it is not true for all appraisers.


140 posted on 09/08/2008 5:46:31 AM PDT by illiac (If we don't change directions soon, we'll get where we're going)
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To: illiac

Your statement is patently obvious. It is obvious all appraisers were not fraudulent. But your stated objection to “the inclusion of appraisers” among those who defrauded and created the housing bubble that has lead to the credit crisis, is without merit. Fraudulent appraisers were very much a part of the problem — those appraisers who were fraudulent. It does not appear to be a small few. It appears that many were coerced into making fraudulent appraisals or business would not be directed their way any more. That’s a lot of pressure, but they still were fraudulent.

Appraisers were very much included among those who inflated house prices, created the bubble and created the liquidity crisis. I’m sorry that reflects badly on the many honest appraisers like you.


164 posted on 09/08/2008 5:08:32 PM PDT by Freedom_Is_Not_Free
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