Brian DeChesare

DECEMBER 20, 2023

If you want to know how to get an investment banking internship, it’s simple: Start very, very early and have a great “Plan B” if something goes wrong. And yes, you read the news correctly: Banks like RBC, DB, Houlihan Lokey, Rothschild, and Guggenheim opened 2025 summer internship applications in calendar year 2023. Corporate banking.

Banking 105

Banking Start-ups Finance Corporate Finance 105

Appraisers Blog

JANUARY 24, 2025

Bank of America DENIES Debanking Practice, But X Users Bring The Proof! By M Winger | Jan 24, 2025 [link] [link] appraisers do not approve or deny loans…that is the banksters…dei that 0

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Appraisal Banking 94

Appraisers Blog

JANUARY 6, 2023

The appraisers are the convenient scapegoats every time. Anytime the real estate market takes a hit, 99% of the time it is because of banking and lending practices. The appraisers are the convenient scapegoats every time. A Low Appraisal is Now a Bad Appraisal A low appraisal is now a bad appraisal.

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Appraisal Banking Marketability 84

Appraisers Blog

APRIL 19, 2024

The scandal isn’t that a few appraisers might be racially biased. The scandal is that appraisal is so squeezy that two appraisers can produce value opinions that differ by hundreds of thousands of dollars! Appraisers didn’t cause it, but they didn’t prevent it, as if they ever could have.

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Appraisal Banking 93

BV Specialists

OCTOBER 9, 2023

Like many professions, the appraisal industry is full of acronyms that only those well-versed in the lingo can identify at first glance. It is considered a universally accepted appraisal measurement and is also used in accounting circles. EBITDA considers a wide range of factors in business finances.

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Appraisal EBITDA Business Valuation Banking 98

IVSC

APRIL 12, 2024

CAS-IVSC International Valuation Conference 2024 The China Appraisal Society (CAS) and the International Valuation Standards Council (IVSC) recently co-organised an international valuation conference, hosted by the Shanghai National Accounting Institute (SNAI) from 11 – 12 April 2024.

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Intangible Assets Banking Appraisal Finance 130

Appraisers Blog

APRIL 20, 2024

Missing from this equation is the banking industry and unscrupulous mortgage industry participants who put pressure on appraisers. A vast majority of appraisers are honest, hardworking individuals. In reply to Vince Slupski. Focusing on the few outliers discredits the industry as a whole.

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Appraisal Banking 91

Appraisers Blog

APRIL 13, 2023

Canadian banks see the newly dismantled underwriting safeguards and risk-shedding experiments at Fannie and Freddie as a way to keep the party going, with the risk passed along to the U.S. taxpayer directly… Canada’s banks are in trouble. As mortgage giants Fannie and Freddie bend the… The post Canadian Banks Will Exploit Gutted U.S.

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Banking Appraisal Finance 70

Appraisers Blog

AUGUST 1, 2024

Nobody cares what happened to the once incredible appraisal profession; be it government, banks, regulators, Realtors, or homeowners. What surprises me is the fact that appraisers never cared what happened to their own careers. That does not surprise me.

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Appraisal Banking 90

Appraisers Blog

AUGUST 30, 2024

After billions of consumer dollars in over-charging and loss of income to appraisers, this could have easily been discovered had the appraiser been allowed to include an invoice with the appraisal or disclosed the cost in the context of the report. Yet, someone thinks it’s a good idea to put them in charge of appraisers?

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Appraisal Compliance Banking 98

Appraisers Blog

AUGUST 5, 2023

I am a RE Appraiser with 33 years of experience. I am not biased- I am on the VA panel and approved with every major banks fee panels, I am not biased in any way. You come in low on a value in the homeowner’s eyes (they are uneducated about appraisals) and they are now going “Defcon 5” on appraisers.

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Appraisal Banking 93

Appraisers Blog

JULY 14, 2022

If the allegations are true, it means the think tank, under the general’s watch, was secretly taking illicit cash from at least one outside interest group at a time it was engaged in research that irreparably damaged the reputation of the nation’s real estate appraisers. Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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Appraisal Banking 108

BV Specialists

NOVEMBER 21, 2022

You may answer this by claiming there is no benefit to having a formal appraisal completed until you absolutely have to. If there is no requirement such as for bank/SBA financing, new investor buy-in, partner dissolution, sale of the business, or other ownership shifting events, then is it really necessary?

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Appraisal Banking Compliance Finance 93

BV Specialists

JULY 17, 2023

Determining if you need to engage with an independent professional business appraiser will commonly arise when you are looking to purchase or sell a business. Bank (Re)Financing: Virtually every bank or related lending institution will require an appraisal for loan purposes.

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Appraisal Banking Finance Business Valuation 89

Appraisers Blog

JANUARY 1, 2024

I am not encouraged by the fact that our largest local bank has appraisal fees listed on their web page at $450. I was considering coming out of retirement and taking on one order per week just to stay active. You can bet that I would be asking top dollar for my work.

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Appraisal Banking 97

Appraisers Blog

JULY 30, 2024

To put it another way, these idiots are saying that the contract price is the number the banks should base their decision on funding a mortgage. Because the world still adheres to the “Constitution of Appraising,” the “Bill of Appraising Rights.” But has that ever happened?

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Appraisal Banking 78

Appraisers Blog

MAY 8, 2024

“I’m sorry Dave, but that kitchen was clearly C2 not C3. Open the pod bay doors HAL! I’m sorry Dave, but I cannot allow that to happen……………… 0

Banking 98

Banking Appraisal 98

BV Specialists

SEPTEMBER 9, 2024

Otherwise, there would be a lot less demand for independent appraisal work. Most experienced appraisers rely on a significant portion of their business to come from these types of projects where disputes arise. Here are a few examples: Partner Buyouts One of the most common types of disputes. It’s rather sad that this is the reality.

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Appraisal Banking Marketability 93

Appraisers Blog

MAY 16, 2022

This is especially true in the Real Estate Appraisal profession and the newly introduced H.R. Bill entitled: Fair Appraisal and Inequity Reform Act of 2022. Are You a Hybrid Appraiser? We won’t take appraiser trainees, but we’ll take real estate trainees. Big banking is counting…. Dear ASC: Details.

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Appraisal Banking 80

Appraisers Blog

JULY 24, 2024

Hell, most “respected” publications will tell you any two appraisers worth their salt should be within 5% of one another. Hell, if I was within $2,500 of a million-dollar sale price I would be pretty damn impressed with myself but then again, we are not appraising the sale price are we. Sale price = value.

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Appraisal Banking 85

Appraisers Blog

JUNE 14, 2024

I have a funny one for yall 10-15 years ago I got a phone call from a man representing an AMC for a large regional bank asking about an appraisal I had done. I said well this conversation just ended, I hung up, and never heard another word about that appraisal!! His accent was a dead giveaway so I asked where he was.

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Appraisers Blog

AUGUST 27, 2024

For appraisers whom may have been in the pipeline during the company vendor transitions, they could have had courtesy checks cut. If you are going to consider that, probably a good idea to set up an independent bank account. If you are going to consider that, probably a good idea to set up an independent bank account.

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Appraisal Banking 79

Appraisers Blog

JULY 24, 2024

Housing Wire is a publication that poses as an appraiser’s friend. Whatever they are besides clueless, they are great used car salesmen who took our profession over to please the banks. However, since they testified to congress in the last bailout, they sold us down the river. I have no admiration of that rag.

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Appraisal Banking 77

Appraisers Blog

OCTOBER 11, 2022

Loan officers at Wells Fargo altered values in the bank’s database, so loans would qualify for so-called appraisal waivers… It feels like Ground Hog Day all over again. Dozens of loan officers at Wells Fargo altered values in the bank’s database, so loans would qualify. That was in 2016. Wells Fargo at It Again!

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Appraisal Banking Finance 96

Appraisers Blog

MARCH 9, 2024

What you need is 60,000+ appraisers willing to walk off of the job until AMCs are abolished. banking lobby is the most powerful and well funded lobby in America. banking lobby is the most powerful and well funded lobby in America. Do you think they will be willing to surrender billions in annual AMC profits to lowly appraisers?

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Appraisal Banking 78

Appraisers Blog

SEPTEMBER 22, 2023

I’ve been a full time appraiser for 40 years and have wrestled with many changes that have taken place. I think that most of us enjoy the appraisal process, just not the garbage that we have to endure from AMC’s and such. Now, the push is for these banks to be bought out by the big guys.

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Appraisal Banking 75

Appraisers Blog

AUGUST 12, 2023

Mary, I had an itchy feeling that banks are stirring all. They are crying that appraisers are too expensive. What is a percentage of an appraisal cost today per the mortgage cost, vs. 10/20/30 years ago? Banks set the appraiser fee. They decide who gets the mortgage, but the appraisers are blamed.

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Banking Appraisal 96

Appraisers Blog

NOVEMBER 8, 2023

My friend, I’ve spent 40 years in the Real Estate business, including 30 as an appraiser. The Banks don’t WANT protection, they want to make money. An we don’t need no stinking property appraisal. To do that, they simply want to do every deal they can, and sell off the paper. We don’t got no Badges.

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Appraisal Banking 75

Appraisers Blog

MARCH 6, 2024

Pay attention to announcements of failing banks and then look at how the big banks are doing -[link] – Ask yourself why would the financial services industry have as their mission statement to reduce appraisal fees to 10 years ago and encourage 3rd party inspections.

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Appraisal Banking 74

Appraisers Blog

MAY 3, 2024

Placing your savings in a bank, that’s a joke. As far as the appraisal process, it was setup to fail. People making decisions for us are non-appraisers. People who are reporting it are not consistent, I don’t mean the appraiser. Now look where we are with that. There is no safe return on our money.

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Appraisal Banking 72

Appraisers Blog

AUGUST 5, 2023

I am a RE Appraiser with 33 years of experience. I am not biased- I am on the VA panel and approved with every major banks fee panels, I am not biased in any way. You come in low on a value in the homeowner’s eyes (they are uneducated about appraisals) and they are now going “Defcon 5” on appraisers.

Appraisal 71

Appraisal Banking 71

Appraisers Blog

MAY 10, 2023

It’s very simple, the mortgage banking industry has been trying to get rid of appraisers for as far back as I can remember. The bottom line is no one in the banking industry wants appraisers because they can’t bypass the appraisal process until now. Good observations. Great idea! This is brilliant.”…

Appraisal 68

Appraisal Banking 68

Appraisers Blog

AUGUST 5, 2023

I am a RE Appraiser with 33 years of experience. I am not biased- I am on the VA panel and approved with every major banks fee panels, I am not biased in any way. You come in low on a value in the homeowner’s eyes (they are uneducated about appraisals) and they are now going “Defcon 5” on appraisers.

Appraisal 70

Appraisal Banking 70

Appraisers Blog

NOVEMBER 27, 2024

No problem, just add $25 to each appraisal as bank required technical fee. Banks should understand since their lending rates generally go up with the FED rises as their costs rise. You may end up making more money. It is basically a “cost of goods” with the $5 extra dollars being your processing fee.

Banking 96

Banking Appraisal 96

Appraisers Blog

FEBRUARY 1, 2024

The Interagency Appraisal and Evaluation Guidelines clearly state that the AMC is an agent of the bank/lender. And, the bank/lender is responsible for ensuring any 3rd party vendor they use for ordering appraisals complies with all federal laws. In reply to Seneca.

Banking 98

Banking Appraisal Marketability 98

Appraisers Blog

AUGUST 9, 2022

The Consumer Financial Protection Bureau (CFPB) has started investigating alleged appraisal discrimination. Will this be detrimental to appraisal management companies that operate under the fast and cheap mentality? The post CFPB Investigations in Alleged Appraisal Discrimination appeared on Appraisers Blogs.

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Appraisal Compliance Banking 79

Appraisers Blog

FEBRUARY 13, 2025

UPDATE Class Action Suit: The HUD PAVE Initiative and the Systematic Attack on Independent Appraisers Over the past few years, the U.S. The real goal of these investigations appears not to find racism but to make the investigation itself the punishmentruining the health, finances, and careers of appraisers caught in HUDs system.

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Appraisal Compliance Banking Finance 77