For All You Non-believers

[Bearslide]

Don't have it in writing but the appraiser ethics portion of your statement has been conveyed to us directly by the senior management of another little government program.

Get in touch with PamC on this p ec5 1 @ ya hoo. com (remove the spaces)

 

[Bearslide]

Captured in living sound!

Got back from appointments and hubinator had left a flashcard on my desk. Miss Beligerant LO captured in living sound.

I gave him all the links you guys provided, so I don't know yet how he did it - will post that later - BUT HE DID IT!!

Thanks to ALL who rendered assistance.

Happy Fourth to all!

 

[Mike Kennedy]

[FONT=Verdana, Geneva, Arial, Helvetica, sans-serif]Steven Preston
Secretary
Housing and Urban Development [/FONT]
[FONT=Verdana, Geneva, Arial, Helvetica, sans-serif][/FONT][FONT=Verdana, Geneva, Arial, Helvetica, sans-serif](202) 708-0417[/FONT][FONT=Verdana, Geneva, Arial, Helvetica, sans-serif][/FONT][FONT=Verdana, Geneva, Arial, Helvetica, sans-serif]David L. Horne
Chief of Staff[/FONT][FONT=Verdana, Geneva, Arial, Helvetica, sans-serif](202) 708-2713[/FONT] [FONT=Verdana, Arial, Helvetica, sans-serif]Sheila Greenwood
Deputy Chief of Staff
[/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif][/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif][/FONT][FONT=Verdana, Arial, Helvetica, sans-serif] (202) 708-1781 [/FONT]
[FONT=Verdana, Geneva, Arial, Helvetica, sans-serif]If you believe you have been a victim of predatory lending practices there are Federal agencies that can help. Please refer to the list of agencies below and contact the organization or agency that you think can help address your specific problem.[/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]Protect yourself from predatory lenders: For information about loan fraud and advice about preventing it, see Don't Be A Victim of Loan Fraud.[/FONT]
[FONT=Verdana, Geneva, Arial, Helvetica, sans-serif]Local information on predatory lending: [/FONT][FONT=Verdana, Geneva, Arial, Helvetica, sans-serif]Here are some Local Resources by state, that can help you avoid being a victim of predatory lending.[/FONT]

http://www.HUD.gov/offices/oig/hotline/index.cfm

WHAT DOES THE OIG HOTLINE DO? We take reports of fraud, waste, abuse, and serious mismanagement in HUD-funded programs and operations and refer such allegations to OIG investigators and auditors, or to HUD program officials to ensure that allegations of wrongdoing are independently addressed.
WHAT DO WE MEAN BY --

FRAUD - individuals, groups, or businesses that are stealing taxpayers' monies from HUD.
WASTE - individuals, groups, or businesses that are spending taxpayers' monies in a manner that does not further HUD's mission and goals.
ABUSE - HUD officials or HUD-funded local officials whose actions exceed the authority granted to them by HUD policies and regulations.
SERIOUS MISMANAGEMENT - a significant failure by a HUD program office or a program office entity that is due to managerial incompetence or inattention.
HOW DO I CONTACT THE OIG HOTLINE? There are four ways to contact the OIG Hotline:

You can call us toll-free at - 1-800-347-3735
You can fax us at - (202) 708-4829
You can e-mail us at - hotline@hudoig.gov

You can write us at -

HUD OIG Hotline (GFI)
451 7th Street, SW
Washington, DC 20410​

 

[Vernon Martin]

So, back to the OP, is someone going to show us this blacklist, or was this just a disgruntled loan agent making an empty threat? When I was a chief appraiser, I occasionally got such e-mails from disgruntled loan agents, laughed, and then pressed the delete button.

 

[JSmith43]

Dial (287)-328-2728

(Bur)-eau-crat

 

[Workbox]

I had a case where I had a LO solicitate me for FHA loans because I am also a Realtor. I ask particular questions about how they handle the appraisal process, sure enough they have Skippy and demand unethical behavior, when I asked them about this they expressed that they were not doing anything wrong and that all their appraisers do it, also with FHA. I sent the info to the HUD Hotline and documented on the MFWL. About a month later, I received that the matter had been investigated and closed. In other words, they got busted.

So Yes, the HUD Hotline does work. They also track www.mortgagefraudwatchlist.org.

 

[Lobo Fan]

As far as alternative careers go, I think that Royce Olney, a former Lobo basketball starter has the right idea. He has a business as a trout fishing guide on the San Juan river and also leads guided elk hunts up in Colorado. Mariied a very nice young hotty. Doesn't get much better than that.

Sounds a lot better than tring to explain USPAP and ethics to clueless LOs. Or trying to gett paid for a good appraisal that won't close the deal.

 

[Old Guy]

keep in mind that FHA appraisers who keep doing the job right, full HFA inspections, (charge for them) accurate reporting of property inadequacies, (be sure to differentiate between cosmetic and health and safety) will begin to be noticed as ethical professional appraisers by ethical lenders. *Note* print and take the old VC condition pages with you to each FHA inspection. (don't add or reference them in the body of the report) keep them in the work file, they help you "not to forget an inspection item. They are also helpful when questioned on the FHA report.

 

[Mike Boyd]

Ok. So you have it in writing. This is good.

First question, who is 'everyone'? Can a reply from you to 'everyone' be made? That is, if this client relationship matters, otherwise, proceed to step two.

Second, can you put all of it together and send it to your HOC? They do have folks that care, believe me. I'd start with a call and explain the situation, and then get a contact person who's interested in the situation and forward all the evidence.

BUT...........do NOT redact the names of these sewer pond scum sippers.

 

[JSmith43]

But, what I did want to do is share my paranoia about trying companies in the court of public opinion.

Whichever company it is, it would be interesting to invite them (management) to comment. There would be risks involved, of course.