That’s all it would take to get the lenders back to direct assignment. I’ll remain mystified why investigators looking at these issues do not simply sign up and try to work with amc’s themselves. Every day of the week. I’m trying to click up vote over and over but regrettably I can only give you one. Thanks.

The senior appraiser whom had his license suspended in Virginia, appears to be still actively licensed in CA, the home base of the offending amc, and other states.

The amc is still licensed in CA without any apparent suspension as well.

https://www2.brea.ca.gov/breasearch/faces/party/amc.xhtml?id=59430

https://www.asc.gov/individual-appraiser-public/470337

The ASC is such a poorly managed system. The search mechanisms are antiquated. Redundant returns. Unexplained returns of other different people with no association notes. No detailed reason for suspensions or links to relevant content. No indication if the licensee is a sole proprietor, employed, etc. If one performed a state specific search on a licensee whom holds licenses in multiple states, they’d never know about any other suspensions in any other states. I’ve also recently searched some known suspended appraisers and their suspensions do not appear on the ASC site. Previous known suspensions appear to simply go away. There should be one single entry for every licensed appraiser, listing their multiple state licenses in one single entry place, with a permanent retention record, business type, etc.

Lucky breaks that only one appraiser got in trouble and all the people over and under them doing the exact same thing throughout the entire amc industry don’t have to worry. Also quite beneficial the state appraisal boards do not have auditing power over amc corporations or any other ability to look through all previous activity the person(s) and company(ies) may have been involved with.

Look in the mirror lately? Mr. Turner has done more for appraisers than most. Do you even have a clue what he is actively doing now? No? Well, maybe do some research prior to spewing false information and proving you are ungrateful as well as ignorant (in the true sense of the word).

You’ve been absent from ‘the room’ for a long time.

except it was an FHA appraisal with an FHA number assigned to it, so not, they could not go to another appraiser for a different valuation, they were stuck with the FHA appraiser’s valuation and report, so they doubled down and got caught

Am I the only appraiser that FIRED the VA as a client for exactly the reason you stated. Their quality of reports due to their reviewers was and continues to be disastrous.

It appears we knew each other in a prior life–IVPI would have been a better alternative. The appraisal profession / trade is now in a sustained, drawn out memorial service.

“The entire reason AMC’s became prevalent was to reduce pressures regarding value.”

Yeah, that’s what they said. Guess what? They lied. LMAO!

And, that’s exactly why they were created. That is, whatever you see actually happening it why whatever it is was created. It wasn’t a mistake or an unintended consequence or whatever the excuse is. It was planned.

Any idea that removes competition will lead to a sorry state of affairs. Look no further than the VA appraisal system. By far the highest fees and lowest quality reports in the industry.

And every hour of the day.

Me: You’re pressuring me to come up with a higher value based on an appraisal done a year ago by a different appraiser.
AMC: No, we’re not pressuring you, but don’t you think, blah, blah, blah …
Me: No, what some appraiser appraised it for a year ago is utterly irrelevant currently.
AMC: Well, don’t you think, blah, blah, blah …
And so it goes …

Thank you as well. So many years pushing this issue, I hope others have become as well informed about the details. When I started posting routinely, trying to figure out what’s going on, so many good people here have been the reason I was able to become better educated and subsequently put forth a better argument. Thank you everyone again.

Appraisers face similar situations like this one all the time. Ethical appraisers walk away. However, there are plenty of appraisers will to do them because they have a family to support or they are just stupid. Glad I planned my exit strategy a decade ago because I knew it was not going to end well.