Show me where is says that...here's the link:
Here's where it says it:
564.5 Appraiser Independence
8. (b) Fee appraisers. (1) If an appraisal is prepared by a fee appraiser, the appraiser shall be engaged directly by the regulated institution or its agent, and have no direct or indirect interest, financial or otherwise, in the property or the transaction.
8. An appraisal may be made out to an AGENT,as engaged by same; which is any licensed person working in behalf of a client; ie, Real Estate Agent, Mortgage Brokerage Agency, Title Agency, etc.
9. (2) A regulated institution also may accept an appraisal that was prepared by an appraiser engaged directly by another financial services institution, if:
9. An appraisal written to "XYZ" Bank may be used by "ABC" Bank.
(i) The appraiser has no direct or indirect interest, financial or otherwise, in the property or the transaction; and
(ii) The regulated institution determines that the appraisal conforms to the requirements of this part and is otherwise acceptable.
Sec. 564.6 Professional association membership; competency.
10. (a) Membership in appraisal organizations. A State certified appraiser or a State licensed appraiser may not be excluded from consideration for an assignment for a federally related transaction solely by virtue of membership or lack of membership in any particular appraisal organization.
10. This is regardless of having or not having an MAI/SRA/ASA or other membership as I am licensed and state certified. Note: For AN ASSIGNMENT above, in the singular - not to hope to be approved some day next year or the year after.
(b) Competency. All staff and fee appraisers performing appraisals in connection with federally related transactions must be State certified or licensed, as appropriate. However, a State certified or licensed appraiser may not be considered competent solely by virtue of being certified or licensed. Any determination of competency shall be based upon 10 the individual's experience and educational backgroundas they relate to the particular appraisal assignment for which he or she is being considered.
10. I have 23 years of appraisal experience. No complaints have ever been filed, after completing nearly 10,000 appraisal assignments. I will submit a warehouse, or a retail center for your review and approval or whatever the assignment is that I am looking to perform wherein I have had an agent request my services.
11.Sec. 564.7 Enforcement.
12. Institutions and institution-affiliated parties,including staff appraisers and fee appraisers, who violate this part may be subject to removal and/or prohibition orders,cease and desist orders, and the imposition of civil money penalties pursuant to the Federal Deposit Insurance Act, 12 U.S.C. 1811 et seq., as amended, or other applicable law.
11. This is where the judiciary and police actions will be implemented. Per the next paragraph below our attorney's will file a motion with the court to have your institution Cease and Desist from doing further business. If you deny us the right to do business, be assured, we will stop you from doing business!
12. We will immediately file a report with the Department of the Treasury and the FDIC for any attempt to restrain Trade when a 3rd party client has requested our companies appraisal services to be brokered through your institution, and YOUR company refuses to accept our work, at the risk of severe penalties and possibly revocation of your companies banking charter.
Craig Butterfield --- Appraisalunion.org or Appraiserscoalition.org
My point exactly.