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Appraisal Regulation Compliance Council

Mejappz

Elite Member
Joined
Dec 16, 2005
Professional Status
Certified Residential Appraiser
State
Florida
A new organization has launched to provide appraisers with a platform for submitting evidence of corruption and fraud involving AMCs, lenders, and GSE/FHA/TAF entities. For more details, visit the link provided.

 
Looks to be getting a lot of traction. Josh (and others) have done a great job.

As an appraiser I will always support transparency.
 
I took a quick look at their website. Couldn't find any information about who these people are. Just a lot of self promotion.
 
Here is more information and the entire report.

https://appraisersblogs.com/apprais...ce-council-exposes-disturbing-AMC-violations/
 
Last edited:
Is this the Joshua Tucker who signed the letter to the Consumer Financial Protection Bureau?

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Joshua Tucker?

"Submission to the Consumer Financial Protection Bureau (CFPB)
In Response to Request for Information on Mortgage Origination Costs

ARCC is a non‐profit, non‐partisan research group focused on appraisal licensing and regulatory
compliance for safe and sound lending, fair housing, and consumer protection. Over the last 2 years,
ARCC collected, vetted, and organized data for lender appraisals by AMCs that enable violations of
Appraiser Independence Rules (AIR), the Uniform Standards of Professional Appraisal Practice (USPAP),
the Truth in Lending Act (TILA), and Title XIV of the Dodd‐Frank Act disguised as a firewall."


 
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