Blacklist

[djd09]

This is why it’s important always hit the number in the appraisal profession today. Never do anything to upset the unethical stakeholder. Everything we do is supposed to make them happy.

Or so, that’s what some on here will tell you

user needs...user wants...user gets

 

[Fernando]

user needs...user wants...user gets

Why deal with the blacklist?
We know who were the blacklister back then and not deal with the hassle. The bank never used them.

 

[glenn walker]

The user pays for the service so yes they do and they will get what they want. That's how it's always worked.

 

[Tim Hicks (Texas)]

Contact Raymond Reddington.

 

[Tom4value]

There is no “form”. You have to get in touch with the client and find out what happened. This is “old school”, I know, but I am an old bugger and I will do it. If I can’t because the AMC or portal won’t let me, than that client will no longer get the services of Tom4value!

Translation: Find another client!

 

[glenn walker]

Look back was your last assignment one you came in low on ? Or many low over the last few month's? If so you were probably moved off list. But they won't ever admit that.

 

[Digger88]

Is it Citi by chance? They kicked me off and I found the person in charge and sent her a letter she responded well and put me back on. I posted her contact info on here you might be able to find the post if you need to

 

[Terrel L. Shields]

When I worked for the bank way back, the appraisal department knew which appraisers were more "aggressive" with the values.

Small banks know their appraisers. I had the president of a bank once tell me (after one appraiser had a complaint against her) that they called App 1 if they needed a high appraisal. They called me if they really wanted to know what it was worth. And they only used App 2 (a local girl) if the borrower requested her and he said they had no idea if she would be high, low or right on.

That probably describes a lot of appraisers whose tendency is to be high, or low or right on. And, yes, a number of appraisers are just all over the board. And those are often the ones who get whacked by the state. After the 3rd trip to the state App 2 dumped her license on the desk and told the board to GF themselves (in those words) and ....drum roll please... became a mortgage broker.

 

[J Grant]

There are three types of bad lists - one is legit, where an appraiser really does perform a pattern of poor quality work or makes a few real doozie bad appraisals. The appraisers is supposed be informed in writing if they are dropped from a panel for quality issues- (idk if the client notifies the appraiser when that happens -)

The other kind of bad lists are in house secret and never official - and that is, if an appraiser comes in "low" (which might not be low, it might be MV but the deal died ) if that appraiser does it more than whatever the AMC or lender considers within their own tolerable threshold, the client simply stops sending work to that appraiser. If the appraiser asks why, they say they are slow in the area.

The third and most serious, is if Fannie, FHA, or Freddie puts an appraiser on a do-not-use or on a watch list. That can mean clients might avoid, or literally can not use that appraiser going forward.

 

[alebrewer]

to OP: If you know who the investor is, log onto LinkedIn, type that investor name in, and start looking through the 'People Results'. Look for folks that have 'Appraiser' in their title (or similar roles (Appraisal Support, Operations, etc.). Send a friend request, hope they accept, then IM them about the situation and ask for their assistance in navigating the re-instatement process.