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working with the Board

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Kevin Mc

Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
Swear me in.

You know what I would like to see for skippy farms. Random compliance investigations from beginning to end. From the order to the work file. Full field review with interior inspection and interviews (or examination under oath) with the pertinent parties: the borrower, the owner, the assistant appraiser and the supervisory appraiser.
I dedicate a day a week into hitting the mills.
 

James Micozzi

Member
Joined
Jan 13, 2005
Professional Status
Certified Residential Appraiser
State
New York
You know what I would like to see for skippy farms. Random compliance investigations from beginning to end. From the order to the work file. Full field review with interior inspection and interviews (or examination under oath) with the pertinent parties: the borrower, the owner, the assistant appraiser and the supervisory appraiser.

Personally, the threat alone would be enough to keep me in line and if the results of a few investigations were published it would work wonders to reel in the others. JMO of course.

Let me at them. Claude, you know how much I love to hammer people and take them down LOL.
 

Claude From NY

Senior Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
New York
Me too! I want to be the Donnie Brasco of the appraisal mill business. Infiltrate and surveil by getting a trainee job. Then when the rats are caught, call in the air strike!
 

Kevin Mc

Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
I would rather

have them save the priniting money and actually use it for enoforcement.
 

Mike Kennedy

Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
Publishing revocations & suspensions and the REASONS - will spread the word - they are finally Enforcing NYS Appraisal Law and Encourage increased reporting, especially by Review Appraisers. Copies of same should be sent directly by the DOLS to Every Chief Compliance Officer at EVERY NYS domiciled bank for starters, then EVERY Federally Insured Lender. Newsletter SHOULD include a DIRECT REPORTING email addy with reminders to Recipients on BOTH ends of the spectrum that their LICENSE to operate in NY includes upholding the public trust. I've never received any ENCOURAGEMENT from the State has anyone else?


For Jo - that's my first question for the Board. Why isn't the State aggressively marketing Enforcement links and encouragement to report Fraud to licensees on the End User and the Appraiser side of the "phone"? Awareness that the State WILL act efficiently and expeditiously on VALID fraud and incompetency violations of NYS Appraisal Law will encourage Reporting and "Clean-sweep".
 
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JoTetherow

Thread Starter
Member
Joined
Nov 29, 2006
Professional Status
Certified Residential Appraiser
State
Nebraska
Publishing revocations & suspensions and the REASONS - will spread the word - they are finally Enforcing NYS Appraisal Law and Encourage increased reporting, especially by Review Appraisers. Copies of same should be sent directly by the DOLS to Every Chief Compliance Officer at EVERY NYS domiciled bank for starters, then EVERY Federally Insured Lender. Newsletter SHOULD include a DIRECT REPORTING email addy with reminders to Recipients on BOTH ends of the spectrum that their LICENSE to operate in NY includes upholding the public trust. I've never received any ENCOURAGEMENT from the State has anyone else?


Mike, you may have a pleasant surprise in the next newsletter. The cases that go to court are published in about 30 days on the web, the "minor" cases are in the newsletter which i agree, should be published more often. perhaps a question someone might like to "own" would be "is there any way that the cases with fines/courses that do not go on the web be published or announced more frequently? " adding "it would go a long way in proving to the industry that enforcement is going on. too many people think that there is no enforcement"

For Jo - that's my first question for the Board. Why isn't the State aggressively marketing Enforcement links and encouragement to report Fraud to licensees on the End User and the Appraiser side of the "phone"? Awareness that the State WILL act efficiently and expeditiously on VALID fraud and incompetency violations of NYS Appraisal Law will encourage Reporting and "Clean-sweep".
again, you may be pleasantly surprised when the next newsletter is published. i believe the ASC is notified of the court cases after judgement and before they are published on the web. notifying the end user...i dont know if that is wise or doable. the "minor" complaints can be pretty minor. would you want lenders informed and then put you on a DNU list because you took the 15 hour USPAP instead of the 7 hour by mistake/misundertanding? i am pretty sure that DOLS takes the stand that if one got published to the end user, all would be published. no favoritism.

mike, im going to cut/paste this in the other "question" thread

Jo
 
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