Update from Shane Lanham

[George Hatch]

Go to the source - Colorado

News Release - Revocation of Both A Colorado Appraiser License and Colorado Controlling Appraiser License | Division of Real Estate

Colorado Board of Real Estate Appraisers Enters Into A Stipulation and Final Agency Order Revoking Both A Colorado Appraiser License and Colorado Controlling Appraiser License

dre.colorado.gov

The Colorado Board of Real Estate Appraisers (“BOREA”) directed the Division of Real Estate (the “Division”), part of the Department of Regulatory Agencies (“DORA”), to conduct an investigation in response to a complaint received by the Division. After the investigation, the Division found substantial evidence of license law violations.​

​

In part, the investigation revealed that the licensee ran an appraisal firm that improperly retained the services of unlicensed individuals located outside of the United States to complete appraisal assignments and then affixed the signatures of credentialled appraisers to the reports, often without their knowledge. This business model was not only misleading to the clients, but also to his credentialled appraisers on staff.​

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In a second complaint investigation, Mykhailyna, conducted substantially similar violations of license law, notably, by failing to supervise both licensed and unlicensed assistants and by submitting, and aiding and abetting the submission of appraisals that contained signatures from appraisers who did not author the appraisals. ​

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Mykhailyna was ordered to immediately surrender the above referenced licenses and was assessed a total fine of ninety-seven thousand five hundred dollars ($97,500.00) which includes a fine and additional fee. BOREA agrees that the surrender of his licenses shall be treated as revocations under Colorado law.​

In other words, this licensee lost his license for lying on appraisal reports about what they did and didn't personally do in the assignment. Not for anything relating to personal bias or racial discrimination.

Sometimes a dishonest appraiser is just a dishonest appraiser. That's definitely a problem that fully justifies revocation (and civil penalties), but it isn't an act of racial discrimination.

 

[John Hassler]

One of my former tasks was managing out of state hits on persons licensed in my state. It’s a process, not an event, as the licensee has rights. Also, what’s a violation in one state may not be in another. It all needs to be looked at. That said, these are not difficult cases to process as the other state has done all the work. It’s just not automatic.

I should also add that states first have to report actions to the ASC before they can be seen by other states. To the best of my knowledge, CA is the only state that reports actions to the ASC in real time. Other states batch upload actions as per ASC’s reporting guidelines (I don’t recall if it’s weekly or monthly or something else).

 

[djd09]

I should also add that states first have to report actions to the ASC before they can be seen by other states. To the best of my knowledge, CA is the only state that reports actions to the ASC in real time. Other states batch upload actions as per ASC’s reporting guidelines (I don’t recall if it’s weekly or monthly or something else).

what happen to the marin city appraiser...

 

[George Hatch]

You can look her name up on the National Registry if you want. Or on the Calif BREA website. If a licensee has been publicly disciplined it will show up in their entry in the Calif database. If not, they leave that line blank.

You could make the effort to become informed on what you're talking about. If knowing what you're talking about meant enough to you to do so.

Search Appraisers

 

[djd09]

are you the cali state board poster mouthpiece...

 

[John Hassler]

what happen to the marin city appraiser...

What George said.

I’ll add that I filed multiple FOIA requests with HUD regarding this case. They would not release any info while it was “under investigation.” Understandable. After the case closed, the response was the case is not public but that I could see the file if I had notarized authorization from the complainant (homeowner).

File a FOIA request yourself and see what you get.

 

[George Hatch]

are you the cali state board poster mouthpiece...

I'm not dumb enough to ask a question without at least making the attempt to first look for myself. You should consider at least making the effort to do the same. If having a more informed opinion is in any way important to you.

 

[djd09]

dumb...you think the mortgage brokers have been cut out of the loop for 15 years

 

[djd09]

What George said.

I’ll add that I filed multiple FOIA requests with HUD regarding this case. They would not release any info while it was “under investigation.” Understandable. After the case closed, the response was the case is not public but that I could see the file if I had notarized authorization from the complainant (homeowner).

File a FOIA request yourself and see what you get.

did she vote for trump...

 

[George Hatch]

dumb...you think the mortgage brokers have been cut out of the loop for 15 years

You're on this forum every day complaining about it, so that obviously speaks to your own understanding of your situation.