Ray Miller
Elite Member
- Joined
- Feb 20, 2002
- Professional Status
- Licensed Appraiser
- State
- Wisconsin
Just got off the phone with my State Senators Office and look what I found out about:
Loan originators, Loan processors, Loan Officers and Mortgage Brokers as well as banks are required to be licensed that do business with in the state. They are also required to take CE in the state every year.
How many do you think are from out of state? When was the last time you ask for a copy of there license? When did you ask the AMC for a Copy of there license, after all are they not a processor of loans by being the middleman for the Appraisal part of the process?
What does your state require of them?????
Can we start filing complaints now about non-payment, cut rate fees, requesting non-compliant USPAP appraisals?
How many appraisers are willing to stand up and do this????
What do you say, should we be asking for license?
The senators office felt that if we were working with none compliant people we could loose our Appraiser license for working with and for these people.
Loan originators, Loan processors, Loan Officers and Mortgage Brokers as well as banks are required to be licensed that do business with in the state. They are also required to take CE in the state every year.
How many do you think are from out of state? When was the last time you ask for a copy of there license? When did you ask the AMC for a Copy of there license, after all are they not a processor of loans by being the middleman for the Appraisal part of the process?
What does your state require of them?????
Can we start filing complaints now about non-payment, cut rate fees, requesting non-compliant USPAP appraisals?
How many appraisers are willing to stand up and do this????
What do you say, should we be asking for license?
The senators office felt that if we were working with none compliant people we could loose our Appraiser license for working with and for these people.