For All You Non-believers

[Bearslide]

You have it in writing. Get them. Find someone who cares. In some states (Ohio seems to be the best) they would get a $10,000 fine.

Already done - I'd like to see more than a fine, but any justice would be better than no justice. This whole thing sure does show the disconnect between what appraisers are supposed to do and what clients THINK they are supposed to do.

 

[Let me be Frank]

Already done - I'd like to see more than a fine, but any justice would be better than no justice. This whole thing sure does show the disconnect between what appraisers are supposed to do and what clients THINK they are supposed to do.

Well put (disonnect)..."BRAVO"

 

[timd354]

Next question is how is he going to get another case number and explain to HUD why he needs it? I am seriously starting to wonder how often this goes on.

They won't get another case number. They will simply throw your appraisal in the trash, never register the appraisal in the FHA/HUD system and reassign the appraisal to another appraiser. They can do this by just entering into the system that you declined the assignement or were on vacation and unable to complete the assignment or make some other similar excuse. Unless you inform the FHA that you did an appraisal, they will never know 2 appraisals were completed. You should call the applicable HOC and file a complaint and provide them with the FHA case # and explain what happened.

 

[OSU Beavers]

I have one too! FHA loan.

Broker emailed me a lecture on appraiser ethics. Apparently it is unethical to take an assignment if the appraiser "knows" the value will not come out! It is also unethical to complete the assignment or take the full fee if the appraiser "knows" the report will not help the borrower. The broker and his company will no longer have any need for my services. ALL IN WRITTING!

This guy is in Kentucky. Please PM me a HUD email to forward all this to.

 

[Bearslide]

Done.

Gotta love their take on ethics. They must have all gone to the same school - and all must have graduated with straight A's in coercion. I hope we are not m2:. If HUD ignores this, we're all done for. China will buy us for pennies on the dollar - what's left, that is.

 

[Bearslide]

This just in

The FHA Resource Center is experiencing difficulties and the 1-800-CALLFHA number is currently out of service. Until such time as the call center can be put back in service, FHA is asking its business partners to utilize an alternate number. Please contact FHA at 1-877-234-2717. For the short term you may experience long hold times on this new number. FHA is doing everything in its power to adequately staff this number and hopes to improve response time in the near future. Please know that you can continue to find answer to FHA question on our on-line knowledge base located at FAQ.FHA.gov. You may also continue to use our direct e:mail address at HUD@custhelp.com We appreciate your patience as we work these issues and look forward to improving this service in the coming months.

 

[Kevin Mc]

stay at it.

http://appraisersforum.com/showthread.php?t=138791


You may also wnat to send Brad Pack an e-mail or pm.

 

[Bearslide]

stay at it.

http://appraisersforum.com/showthread.php?t=138791


You may also wnat to send Brad Pack an e-mail or pm.

Thanks Kevin.

OSO - everything you need is in the link above

 

[Pamela Crowley (Florida)]

I have one too! FHA loan.

Broker emailed me a lecture on appraiser ethics. Apparently it is unethical to take an assignment if the appraiser "knows" the value will not come out! It is also unethical to complete the assignment or take the full fee if the appraiser "knows" the report will not help the borrower. The broker and his company will no longer have any need for my services. ALL IN WRITTING!

This guy is in Kentucky. Please PM me a HUD email to forward all this to.

PLEASE include me! My email: pec514 @ yahoo. com (remove the spaces)

To report suspicious activities and possible fraud to HUD: Hotline @ HUDoig .gov (remove the spaces)

 

[Laurie Collins]

I have one too! FHA loan.

Broker emailed me a lecture on appraiser ethics. Apparently it is unethical to take an assignment if the appraiser "knows" the value will not come out! It is also unethical to complete the assignment or take the full fee if the appraiser "knows" the report will not help the borrower. The broker and his company will no longer have any need for my services. ALL IN WRITTING!

This guy is in Kentucky. Please PM me a HUD email to forward all this to.

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.