Lawsuit Alleges Appraisal Institute Has Given States Fraudulent Test Results For Years

[Mejappz]

Did you see who TAF just made a partner with the National Association of Mortgage Brokers? They attempted to table a group from Washington that advocates for appraisers. Thankfully, the Frankstter stepped up, and they finally passed the proposal even though one was against it and the another abstained. This situation highlights where these people's priorities lie. REVVA and the National Association of Mortgage Brokers were welcomed with open arms, while a group advocating for appraisers faced pushback.

 

[John Hassler]

This is what her atty said:

View attachment 98670

Interesting response. Their attorney said the AI’s action was not not due to laziness and then described the AI’s actions using a good definition of lazy.

 

[RCA]

IRL it wouldn't be 55 jurisdictions. It would just be some of the jurisdictions where their passing score is higher or lower than the default pass rate in the course provider's programs. That won't be all of them, just some of them.

They might have more to worry about WRT course participants whose score was enough to pass at their state but not enough to pass the course provider's default pass rate.

Or perhaps, the AI has some kind of insurance to protect them from such lawsuits and audits.

With their current financial problems, along with the impending emergence of AI and robots, - and indirect repercussions from DOGE, I wouldn't be surprised to see some major change in their organization coming down the road, regardless of the outcome of this lawsuit.

 

[RCA]

This is what her atty said:

View attachment 98670

I would give weight to that possibility. Yet, to all outward appearances, I am sure many appraisers on this forum would agree that it has looked very much like they were under extreme pressure from Democrats to expend a considerable effort on supporting Diversity, and that may, just possibly, have led to cheating, even though it would have been idiotic of them to take that route. But then again, it should be investigated.

 

[djd09]

Interesting response. Their attorney said the AI’s action was not not due to laziness and then described the AI’s actions using a good definition of lazy.

does the state of california ask about the test scores?

 

[George Hatch]

Interesting response. Their attorney said the AI’s action was not not due to laziness and then described the AI’s actions using a good definition of lazy.

I read the atty comment as being not due to deception (ethical misconduct) but to lazy (incompetent conduct). The allegation kinda looks like the AI acted on expediency more than anything else.

The error is the error, which is a problem all by itself. To whatever extent those allegations are true.

 

[John Hassler]

I read the atty comment as being not due to deception (ethical misconduct) but to lazy (incompetent conduct). The allegation kinda looks like the AI acted on expediency more than anything else.

The error is the error, which is a problem all by itself. To whatever extent those allegations are true.

I reread the attorney’s response and agree with you. That said, sloth is not a defense that is likely to succeed. The states that are impacted should fine the AI and move on.

 

[George Hatch]

I agree with that (states fining the education provider). I'm just wondering how many cases it could amount to where their default "pass" was different than the state's "pass" by only 1-2 questions.

Another way the AI could settle up with the victims would be to offer them free QE or CE courses. The retail on those adds up pretty quick.

 

[shrubberyvaluation]

if the appraiser was caught manipulating scores...what would happen??? just covering for his buddies

Look at how successful FastApp is after being caught.

 

[shrubberyvaluation]

This is what her atty said:

View attachment 98670

I didn't mean to deceive my client, I was just lazy when I didn't verify any information in my report....