Proving these are unreliable is easy, but that doesnt offer a solution. Now youve crossed over into Looney Tunes Land; Where in my profile does it indicate Im a financial institution? You can find forms for investigations against both the appraiser and broker in question at https://grec.state.ga.us/forms-applications/investigations/. Dedicated, customer-aligned support available 7 days a week in our CA and NV Centers Your post would also have FAR more credibility if the ASC national registry had any appraiser with the last name of Schorle. Total fee was $250. It has what is alleged to be an electronic signature and we dont know if Michelle SHoven authorized use of her signature on these or not. I seriously am dumbfounded !!! On October 13, 2022, the Appraisal Subcommittee discovered a data breach that occurred on the new ASC.gov website. I guess that is how you think you are going to keep your license. Guess what..this IS an appraisal as its a value rendered and signed by a certified appraiserGuess what.this a proprietary report obtained by a client that has a loan number and borrower nameSo, you think posting this NPI to a public site BY AN APPRAISER doesnt harm the consumer?..again, not defending the product, just pointing out the obvious hypocrisy of this authors self-fulfilling prophecy. With varying standards across the property data collection space, UDC provides flexibility, as eligible loans can be quickly and easily transferred to the agency with the loan program that meets the borrowers needs, without the need for an additional product. Please enter your details below to grab your copy! I suspect that was before all loans were insured; and before FNMA gave exemptions from buy back risk; or banks knew Uncle Sugar and the taxpayers would underwrite all their bad policies. 03. Trust? I totally support your mission, but I dont think doing it this way will be effective. Clear Capital's ClearAVM + PCI product is used nationwide and has assisted the . Matt couple thoughts, if the name is a nom de plum please just say so because there is no Schorle licensed in ASC directory. Hi BigAI- Ive been appraising resi since the early 2000s and complete assignments in the northeast- I dont work for an AMC. Well I did a partial information asc search for last names. NONE of us do such perfect work and we cant all be found with an i that isnt dotted or aT left uncrossed. Buyer loses a lot of money.AMC gets a done of money for emailing an order.Appraiser loses license for $25.00. Appraisal A conventional appraisal completed by an appraiser from Clear Capital's national appraisal management company. Learn More About Integrating With Clear Capital! Further, maybe they do these online in effort to avoid paper trails floating around that can be set in as complaints. This field is for validation purposes and should be left unchanged. Clear Capital is now offering Desktop Appraisal, a GSE-compliant 1004 Desktop/70D residential appraisal that quickly delivers a reliable opinion of value with price certainty. Its time we lift up the cinder block and expose these predatory lenders and appraisal management companies for the insects and parasites that they are. Isnt the biggest crime the lender accepting the appraisal from the loan agent? Clear Capital is now offering Desktop Appraisal, a GSE-compliant 1004 Desktop/70D residential appraisal that quickly delivers a reliable opinion of value with price certainty. I simply only had the one with the second being verbally communicated to me regarding same pictures and verbiage. People have already been harmed by these two reports. Matt, how long have you been appraising and which state do you work in? He stated that Matt is his middle name and his last name is abbreviated. Im also still waiting to hear from Georgia appraisers about whether a broker can provide an opinion of Fair Market Value in Georgia that was clearly not for use in obtaining a listing. We generally include authors' info at the end of each article. Lots of nice data.. but does it have ANY Credibility?? All Rights Reserved. The reason Im asking is because your name does not appear in the asc registry. So what, theyre just getting away with it and the only penalty was this article? You ask why else? WE need a voice and Voice of Appraisal is also a founder of the Fest. Yes, there will be a different appraisal report form used when an appraisal report is deemed required. Media Contact Here is the link to a second hybrid report completed by the same appraiser. But either way, your understanding of NPI and restrictions on its use are erroneous. We get a lot of them here. UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management. Your email address will not be published. PalmerHouse Properties has recently expanded to Florida, North Carolina and Missouri. Clear and uniform value reconciliation report completed by a specialized network of review appraisers that includes detailed appraiser commentary. Additionally maybe CFPB and we have already communicated with authors of recent SEC investigation articles. Good luck making living. Learn More About Integrating With Clear Capital! Save my name, email, and website in this browser for the next time I comment. This helps the valuation provider evaluate and identify properties with a condition that is truly comparable to each subject property at hand. Wow ! Undoubtedly this is the tip of the iceberg regarding systemic deficiencies in quick and short form products. We wanted to provide an efficient and cost-effective method for data collection ordering and management that satisfies appraisal modernization policy changes, and delivers more confidence in closing times along with a faster, lower-cost experience for consumers, said Dan McAlister, Director of Product Management for Clear Capital. Sign the Open Letter to AMCs. Plus, it's being added to Encompass by ICE Mortgage. Appraisal subcommittee search brings better results. We blend a human touch with leading edge data analytics to ensure your total satisfaction. This field is for validation purposes and should be left unchanged. VIEW PRODUCT Collateral Desktop I sure would hate tor anyone to know that Wayne Courtney is my name. We pull you out of appraisal limbo and into a place of clarity and understanding. We designed our pre-check submission process to eliminate the back-and-forth that consumes valuable time in standard appraisals. Audit time, how many similar products has clear capital approved, for how many different clients, in what states, and is failure to identify these obvious inconsistencies in reports a penalizable offense towards amc licensing? The mantra of amcs these days. More or less than the appraiser? Matt I think we are ALL unhappy that disclosing this stuff is even necessary to begin with. A PDC can take as few as 2 business days to complete, dependent on homeowner scheduling constraints. Darn! If youre working to secure loans valued at less than $500,000, a commercial evaluation could be a perfect fit for you. Winds light and variable.. Tonight The are only 2 Northeast appraisers with schor in their last names and both are females: Paula in NY and Kelly in MA. I know 0. Trying to keep this a purely philosophical discussion would defeat the purpose which is to effect meaningful corrections. I dont enjoy it. Great idea. Thats quite the coverage area. Delivering advanced real estate valuation and data solutions for the entire loan life cycle since 2001. This was a very humbling lesson. Headquarters. TAF has no desire to do it. Catching the appraiser seems inconsequential. Funny how CC work sorta dried up after I used my brain. Matt Schorle doesnt exist as an appraiser. A good number of them may have crossed lines even for us as ICs. The borrower most often doesnt even realize. Their policies also differ from Indianas as many states do. Learn the current market value of a property and more. Amazing! Im an appraiser too, not trolling and randomly defending people as many on here seem to think. My bet is the owner of the property (investor) has to file the complaint(s) himself since he is the one with legal standing; and it happened in Georgia. Please take the time to contact me so I can explain to you actual context of the festival and the reasonings that anyone can come. I went to see a notary friend but forgot to take the Georgia complaint with me. Download Digital GLA/ANSI Alignment Datasheet, Download ClearCollateral Review Datasheet. Lisa used a fake email address to comment in the first place and you started posting as Matt Schorle, pretended to be an appraiser, then switched to John Galt. The Justice department was investigating. Lord, where was the exit again, soon now, very soon. Weve been waiting for Phil Crawford and Mark Skapinetz to send us more information. I HAVE NO CLIENT in this case. A consumer can indeed make their information public, but a loan number and client name isnt theirs according to these laws- its the clients and need authorization to be released. Broker (who also has offices in Florida and Missouri I believe) and potentially the appraiser. Company A maintains a strict quality control process and incurs appraisal costs of $150,000 per month, whereas Company B chooses not to check for quality because they are confident in their manufacturing process. How come these issues arent debated intelligently by anyone? I think the VA is smart enough to see what is going on here. State Appraiser Coalitions & Organizations, Fraud Facilitating Misleading GSE Products, Uniform Standards of Professional Appraisal Practice, Mike Ford, AGA, GAA, RAA, SCREA, Realtor, Mike Ford, American Guild of Appraisers (AGA), https://grec.state.ga.us/forms-applications/investigations/, Mike Ford, AGA, GAA, RAA, SCGREA, Realtor, Mike Ford, AGA, GAA, RAA, SCREA, Realtor(R). The provider had full advance knowledge of what I would do with it if and when it was sent to me, if after reading it I concurred with original discussion comments concerning it. Using the spatial Durbin model, this study investigates, systematically, the link between green taxes and carbon emissions and the influence of green taxation on carbon emissions under fiscal decentralization in the context of the shift in performance evaluation of the local government. Ill take care of that later this week. Every minute I spend on this kind of thing represents money I am not earning for myself or MY family; but I think its important enough to warrant the trade off. Using the same photos for two (so called) appraisals? You know all those AMCs that like to micro manage the entire process and use auto-annoyance messages? Copyright law suggests an owner can do with it what they wish. Your email address will not be published. Required fields are marked *. Im sorry but I cant trust a misleading individual. Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. $25 for two opinions of value? These appraisals werent required to comply with USPAP as FRTs; maybe Georgia requires it? Clear Capital Valuation Management: Born from Technology, Raised by Humans. Please enter your email to receive our current datasheet. About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC. Lead Analyst Logan Mohtashami explains. All your phony arguments about alleged third and fourth party obligations to maintain a privacy level not preserved by the original appraiser OR AMC themselves are merely feeble efforts to distract from the real issue. They do what they want, they take what they want, and they buy whom they want. The USPAP compliant appraisal desktop review can determine if the origination appraisal is adequately supported in: The properties were in Georgia. Download the About Clear Capital One Sheet, Download Desktop Data Collection Datasheet, Download ClearCollateral Review Datasheet, Download Collateral Desktop Analysis (CDA) Datasheet, Download ICE Mortgage Technology Product Guide, Download ICE Mortgage Technology Case Study, Download ICE Mortgage Technology User Guide. IF there were anyNPI obligation its on the part of the appraiser and the AMC. Either way, Im hopeful her reputation isnt tarnished beyond repair. Plenty of sunshine. Ive been reading voraciously about them and my understanding was theyre used for portfolio management or developing marketing plans- not lending. Products to help understand property values for any use case. in extra Origination Fees because, on paper, my customer went from 57% LTV (43% equity) to 62% LTV (only 38% equity). 2023 ClearCapital.com, Inc. All Rights Reserved Privacy Policy | CCPA. In this program, there are instances in which the value conclusion will be deemed unnecessary by investor rules. No real person has contacted us directly to have these documents removed. I misunderstood the previous post that indicated that AMCs would not be allowed. At Clear Capital, were here to support you. Learn More About Integrating With Clear Capital! About Clear Capital Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. Thanks Baggins! With Clear Capitals Desktop Appraisal product, a certified data collector completes a Desktop Data Collection report to provide property information and photos that fill the gaps in public sources, enabling the appraiser to complete a desktop appraisal. As a former employee, I can state for a fact that Clear Capital will do whatever is necessary to keep the banks happy and the vendors working. Who said Im not? Wayne. This deserves its own article. For more on Clear Capital and its products and solutions, visitClearCapital.com. We can only hope. is she affixing or authorizing it each time or is ClearCapital just slapping her name on these without her specific authorization? Download the About Clear Capital One Sheet, Download Desktop Data Collection Datasheet, Download ClearCollateral Review Datasheet, Download Collateral Desktop Analysis (CDA) Datasheet, Download ICE Mortgage Technology Product Guide, Download ICE Mortgage Technology Case Study, Download ICE Mortgage Technology User Guide. Take the past 100 years worth of regulation and structure in real estate, throw it in the trash can and let the amc tech crew rewrite the entire industry in their image instead. Might be worth reaching out- Id be interested to know that too. Matt, number one, there IS absolutely zero confidentiality obligation on any of us. Actually it isnt signed. It is a widely recognized method used to determine the worth of a business for various reasons, including mergers and acquisitions, buy-sell agreements, selling a business, lender financing, and business investments. At least not yet. Under current rules, any home valued at more than $250,000 needs to be examined by a licensed appraiser. With varying standards across the property data collection space, UDC provides flexibility, as eligible loans can be quickly and easily transferred to the agency with the loan program that meets the borrowers needs, without the need for an additional product. No its not. Required fields are marked *. https://www.youtube.com/watch?v=cp5BOZayOtA&feature=youtu.be. What I do know is that they do not get to claim USPAP compliance if they dont actually comply. Replies to my comments Media Contact: This will be the coup de grace. Nor do we know what parts if any were attached after she signed it electronically (assuming she actually did). Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on SMS (Opens in new window). The "appraisal fee" was $250 but the AMC (Clear Capital) got $225, and this appraiser got $25 for each evaluation. And the Worst Vampire AMC title goes to AppraiserLoft which is no longer operational. In other industries such monopolization and underhanded dealings would have already brought forth audits and financial investigations. Order CDA Field Review BPO Value Recon 6-2022. ClearAVM + PCI is an alternative to an appraisal for low-risk home equity transactions less than $400K. Why Use Clear Capital Commercial Evaluations? I am able to do the loan still, but at a big cost to my customer (over $400. Clear Capital is a national real estate valuation technology company with a simple purpose: build confidence in real estate decisions to strengthen communities and improve lives. Delivering quality valuation management and data solutions, First, we listen to your needs. In this instance I have only posed a series of questions. Based on what Ive read about the GLB, its still your responsibility as a financial institution to protect NPI. If lenders; AMCs, REVAA and anyone else doesnt want to figure prominently in public articles about the quality of their or their clients work product(s) then ALL THEY HAVE TO DO IS STOP MISREPRESENTING what those products are. Mike has already responded to you several times regarding confidentiality. You have to sacrifice a few to save the many ( many consumers that will be harmed by this crap ). The properties were in Georgia. Any bets we wont hear back from Clear Capital at all? There is a line that says appraiser and the name is typed in Michelle Shoven. "If you live in a more rural area or the home is more complex, then the costs. Been verified says her phone number is 219-448-0697. Wiwapp@gmail.com and I can answer your questions. Founders Duane Andrews, Kevin Marshall. ClearCast host Kenon Chen sits down for a conversation with, Live from ICE Experience 2023. Billions of dollars a year is a mighty large pie to take, amcs want it all as evident by this articles disclosure. Likely related, via search for agent. Learn More About Integrating With Clear Capital! Let the states decide if there are regulatory issues. Thank you Hooligan for the heads up, Mike. Reno, Nev. March 2, 2023 Clear Capital, a national real estate valuation technology company, today announced the launch of Universal Data Collection (UDC), the latest in the Companys suite of products designed to support appraisal modernization. Standard pricing without any fee escalation means the appraisal costs are always clear upfront. So, the appraiser doesnt know the WHO or even the WHAT of qualifications or the source of data she signed her name under. Readers can make their own decisions. It wasnt (confidentially provided). As for my correct reasoning, YES. As an appraiser myself, I find this an abhorrent hypocrisy. Even non FRT appraisals that claim to be USPAP compliant are within the jurisdiction of the state where the values are opined. Only a whore would do work like this, but isnt that what the pimp AMCs want, so they can capitalize on our education, license, continuing education, E&O, MLS data, forms, etc, phone, car expense (so they took out the car expense so you are at your desk) and only lazy people who dont know what they are doing would do this kind of work. or other factors. A Commercial Evaluation delivered by Clear Capital is a fast, comprehensive, fully compliant solution for a variety of loan servicing needs. Ive filed complaint with state of Indiana already; Georgia tomorrow. Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes, Conversations at ICE Experience 2023: Sarah Knochel, CEO of Data and Analytics at Candor Technology, and Tom Booker, Chief Strategy Officer at Candor Technology, Conversations at ICE Experience 2023: Stephanie Durflinger, SVP, Product Management, ICE Mortgage Technology, Conversations at ICE Experience 2023: Brent Chandler, Founder and CEO of FormFree and Eric Lapin, President of FormFree, 5 Questions to Ask Your AVM Provider for Home Equity Lenders. In fact, he was taking a bath and offered a bribe of 3K to the next appraiser to come along to hit a number. If Matt is correct and this IS an appraisal I sure would like to see the AMCs documentation that a the fee paid to the appraiser of $25 is anywhere close to being reasonable or customary. When is anyone ever going to enforce C&R rules? I think she should be turned into each of the 5 states shes licensed in. It looks like this is the first time you are commenting on this blog. If the profession is dying its because of people like you and this appraiser who are not fighting for it. Contact Please enter your email to receive our current datasheet. Our goal is to provide customers with a complete understanding of every U.S. property through our field valuation services and analytics tools, and improve their workflows with our platform technologies. LOLI can be found in TEXAS! Caliber Corporate Advisers for Clear Capital Amcs can be sponsors and attend the event. My fee in Virginia for a final inspection is between $100 to $150. No AMCs allowed at AppraiserFest Nov 1-3 or on the FB page 100% Real Estate Appraisers which founded the event. If I come across any report like this one in my state, I will forward it to DLLR and file a formal complaint. I know there was interest because I received two separate calls from an Assistant State Attorney General. Can we contact them? Wow great work Mike Ford. Per ASC, this individual appears to be licensed in 5 states, several very recently. Its a closed or private group started by Mark Skapinetz. Required fields are marked *. Absolutely disgusting, and an insult to hones, hard working appraisers everywhere. All rights reserved. Another question is whether this is actually a CC staff appraiser; one where CC paid her out of state license fees, or simply guaranteed a high enough volume to make signing whatever was put in front of her worth while. Im assume those intentions are to cause harm, why else would someone put forth the effort. Im sincerely apologetic to him for doing so, and to Rick G. below..and to anyone else I seemingly offended because my opinion on this matter differs from theirs. Poteau, OK (74953) Today. Legal Name Clear Capital. The new solution also leverages Clear Capital subsidiary CubiCasas software to produce digital floor plans. The proposed change would raise that number to $400,000, well above Houston's median home. Please enter your details below to grab your copy! Removing the one appraiser who likely already profited over 1 million dollars in 5 states wont do anything. Our hybrid appraisal program is the result of years of building strong partnerships with lenders and investors, countless hours of research and tech development, and a dedication to pioneering the future of real estate valuation. That may be the final solution, the only solution. Were clearly outnumbered by high pressure unlicensed unregulated advocates. Nothing wrong with anonymity; and contrarian views have as much place here as those that are on the opposite side of them. Think of the fair balance and differences between outright fraud and deception vs simple disclosure to counter improper and recent standards board advisement vainly trying to legitimize these god awful industry destructive products and practices. REVAA has mice all over DC and we have NO representation while our Independence is truly being taken advantage of. Lighten up, youre not the one whos going to be in trouble, the perpetrators of this fraud are, and rightfully so. I'm sure its C&R. Heck, compared to what they pay in Bangalore or Mumbai, India its H U G E! If you would like to understand more please contact me as this is much different than anything done before. Georgia is logistically more difficult that will be tomorrow. But when deadlines are nearing and youre keeping an eye on the budget, commercial evaluations are simple and affordable solution for lower-value loans. Your email address will not be published. We are clear, ethical, and transparent with respect to our fee structure and all aspects of our operations. Mike, wouldnt you love to be a fly on the wall in the asset managers office when they have a discussion with loan processing and ask why or if WF is lending on non existent houses? I dont care what they call it, affixing an appraisers name to a cma does not make in an appraisal. I almost forgot about Georgias requirement that all appraisers be paid C&R fees according to their schedule or alternative methods. Download the About Clear Capital One Sheet, Download Desktop Data Collection Datasheet, Download ClearCollateral Review Datasheet, Download Collateral Desktop Analysis (CDA) Datasheet, Download ICE Mortgage Technology Product Guide, Download ICE Mortgage Technology Case Study, Download ICE Mortgage Technology User Guide. If Dr Manhattan shows up, I will however, troll him to death. I suspect no one else will do anything. Earl should be complained on first? I have zero obligation to protect anyone related or associated with the appraisals in question. Look at the labels for the interior photographs. The amc directed this approach, they promoted this activity, probably in large scale nationwide. Now, the original appraiser (Ms Shoven) CLEARLY was bound by confidentiality. Ive filed a formal complaint with Indiana and Georgia follows later this week. The desktop appraisal typically takes two to three days when using Clear Capitals appraisal panel. Wait, I know, the lender gets a deal out of it.lol..have mercy on this appraiser soul ! UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management. Live from ICE Experience 2023. Save my name, email, and website in this browser for the next time I comment. The solution also leverages real estate software company CubiCasa to produce digital floor plans that provide Digital Gross Living Area aligned with the American National Standards Institute standards. UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management. Contact Email support@clearcapital.com. Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll; These specific cases involve issues that need to be brought before regulators attention to take care of the problems before the entire profession of appraisal loses whatever limited credibility it still has. As for whether or not you want to post here, I could care less one way or another. Our valuation products include everything from mobile app inspections to conventional appraisals completed by appraisers in our national appraisal management company, and everything in between. Hybrid my ass; those are for roses and fruit trees; part incompetence and part fraud does not make a credible opinion or report. Of the top ten sales the Clear Capital AVM used: five are two-story structures; one was not listed in the local MLS; another was listed but had no photos and no agent comments at all; one was a bit older and smaller; and the other two would have made acceptable alternative comparables in my report. There is no change to existing fees/policy for: Streamline refinance transactions where the funding fee remains at 0.50%. Indiana does it online though you will have to explain some inapplicable sections. Clear Capital, a real estate valuation technology company, has announced the launch of Universal Data Collection (UDC), the latest in the Companys suite of products designed to support appraisal modernization. I do admire your fight! At the time of the application the correspondent loan officer quotes a fee and refers them to the AMC who collects payment direct from the borrower before the order is ever put out to an appraiser. Clear Capital - the 2022 HousingWire Tech100 mortgage company, founded in 2019, has completed more than 250,000 data collections for agency loans, which utilize appraisal modernization programs. Please enter your details below to grab your copy! . Cant do that against name redacted.. BTW, Georgia has NOT to my knowledge let this go by. I forgot to mention it in one to Indiana but I wonder if the Georgia Real Estate Broker violated Georgia MLS services copyrights of their pictures; and whether CC violated Pictometry copyrights for using theirs in a commercial appraisal report? Then there is a line that says digital signature and that appears like this /Michelle Shoven/. The power of data with Mike Simonsen at Gathering of Eagles, Eric Lapin on how consumer-controlled data can change lending. OwnerInsight provides a no-cost, nationwide solution to maintain proper social distancing while giving lenders, appraisers, and AMCs timely information from inside homes they are unable to physically enter because of COVID-19 RENO, NV / ACCESSWIRE / March 26, 2020 / Clear Capital, the premier provider of modern real estate valuation and analytics technology solutions, today announced .