D-Max
Junior Member
- Joined
- Apr 26, 2003
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
I heard a rumor last week that HUD was having the North Carolina Appraisal Board investigated for mistreatment of fraud cases. The person I that told me this was an employ of HUD that actually reviews appraisals and investigates fraud cases. He went on to say that there were also several FHA appraisers in the area that were under investigation. He did not provide names, only hints. I figured 2 out immediately and these 2 need to be in the federal pen in Atlanta.
After this I was told that the FBI had gotten involved and was basically running the Appraisal Board investigations. I didn't believe it of couse and put is aside as gossip. Then on Friday I called the board to ask a question and found out the Mel Black was no longer the director. I happened to check the website and 2 board members names were also missing. This was pretty much in line with the rumors that I was told.
Everyone knows how screwed up the appraisal board has been at handling different cases in recent years (i.e. hand slapping for major offenses and revokation for minor crap). Anyone else heard anything about this.
After this I was told that the FBI had gotten involved and was basically running the Appraisal Board investigations. I didn't believe it of couse and put is aside as gossip. Then on Friday I called the board to ask a question and found out the Mel Black was no longer the director. I happened to check the website and 2 board members names were also missing. This was pretty much in line with the rumors that I was told.
Everyone knows how screwed up the appraisal board has been at handling different cases in recent years (i.e. hand slapping for major offenses and revokation for minor crap). Anyone else heard anything about this.