National Fair Housing Alliance - Appraisers Blogs

Waste, Fraud & Abuse Flourished Under Former Secretary Fudge

Jeremy Bagott — Mon, 05 Jan 2026 13:30:28 +0000

Appraisers harassed by HUD under Fudge know far more waste, fraud, and abuse is still buried. A report by the U.S. Department of Housing and Urban Development found that more than $5 billion in taxpayer funds were paid to unknown parties during former HUD Secretary Marcia Fudge’s final year atop the agency. The payments reportedly included aid to roughly 30,000 deceased individuals and thousands of ineligible recipients. In fiscal year 2024, according to the report: $77 million was paid to deceased tenants $150 million went to recipients with non-existent Social Security Numbers $288 million went to pay excessively high rents...

TEAPOTS Exposed: The PAVE Initiative’s Illusion of Justice The PAVE Initiative's lack of TEAPOTS case entries reveals a fraudulent scheme that betrayed homeowners, vilified appraisers, and hid the…
The Great Debate on Appraisal Fees She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee…
Uncovering Flaws in FHA Appraisal & Loan Review Process The story of this single mother's harrowing experience with a defective home purchase and HUD's negligent oversight exposes deep flaws…

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The Appraisal Profession’s Perfect Storm: A Veteran’s Take on a Dying Craft

Desiree Mehbod — Fri, 02 May 2025 12:30:49 +0000

The new UAD form, the AMC fee gouging, the waivers, the false bias claims. It’s a perfect storm of assaults. I’ve been an appraiser since 1993, back when fax machines were cutting-edge and the internet was a clunky novelty. Over three decades, I’ve seen this profession weather storms, economic crashes, regulatory overhauls, you name it. But what’s happening now? It’s not a storm; it’s a tsunami. Our industry is hemorrhaging talent, drowning under false accusations, and getting squeezed by corporate greed and bureaucratic overreach. As someone who’s stubbornly refused to bend the knee to Appraisal Management Companies (AMCs), I’m here...

A Cry from the Appraisal Trenches: The Fall of GSE Oversight That could bring our best and brightest back to GSE lending, leveling the playing field with fairer work distribution. Picture…
GSE Exec Boasts Scheme to Slash Appraiser Numbers At a recent appraisal event, a GSE executive, after a few drinks, privately told his nearby colleagues that we suck…
The Shadowy AMC Fees Draining Billions from Homebuyers The hidden costs of appraisal management companies (AMCs) in the real estate industry have faced growing scrutiny, as highlighted by…

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Fannie Mae Fraud and Abuse Exposed

Jeremy Bagott — Fri, 18 Apr 2025 12:30:41 +0000

History of waste, fraud & abuse at this rogue organization… Fannie Mae reported this week it had fired more than 100 employees for unethical conduct, including facilitation of fraud. Expect more such news as the truth emerges about this organization’s activities over the past half-decade. At the beginning of the decade, under the protective camouflage of its federal conservatorship and Covid-19, Fannie began eliminating critical checks and balances in a radical experiment with U.S. taxpayers’ money and the U.S. economy. The mortgage giant began scrapping or weakening long-accepted underwriting safeguards like standard FICO scoring, title insurance, mortgage insurance, downpayments and...

Fannie Mae Filed a Complaint Against Me An appraiser shared the following with us which was posted on one of the appraisers’ groups. Fannie Mae filed a…
Is a Horde of Deadbeat Borrowers Again Walking Among Us? There are signs of a new horde of deadbeat borrowers, but the foreclosure filings are being delayed and masked by…
The New & Improved Fannie Mae “FRAUDULATOR 2.0” Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie…

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NFHA Funding Dries Up

AppraisersBlogs — Wed, 19 Mar 2025 12:30:37 +0000

The NFHA is feeling the heat as their funding evaporates, putting a major kink in their anti-appraiser crusade. The National Fair Housing Alliance (NFHA) has found itself in a precarious position as their funding well runs dry, jeopardizing their ongoing legal battle against Maryland appraiser Shane Lanham. This development is a ray of hope not only for Lanham, who has been unjustly accused of racial bias in his appraisals, but for the entire appraisal community who have been unfairly targeted by NFHA’s relentless smear campaign. The NFHA, in cahoots with the Biden administration’s Department of Housing and Urban Development (HUD)...

No, Appraisers Didn’t Cause America’s Racial Wealth Gap Appraisers are being dragged into the racial wealth gap debate, but the real gap is between racial accusation and actual…
Shane Lanham Countersuing Black Homeowners for Defamation Shane Lanham, a Maryland appraiser, has found himself in a difficult situation as he is being sued in The United…
HUD Investigation Leads to Illegal Break-In &… Over the past four years, I have been subjected to a relentless, unjust investigation by the U.S. Department of Housing…

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Lack of Evidence, Appraiser Challenges Discrimination Claims

AppraisersBlogs — Thu, 24 Oct 2024 12:30:29 +0000

The next morning I went to my trusted AI program and asked if there was any evidence of bias. “Where is the evidence?” The issue of perceived bias and discrimination in the appraisal industry has become a highly contentious and polarizing topic in recent years, sparking intense debate and controversy. At the heart of this complex issue lies a fundamental tension between the appraisal profession’s commitment to objectivity and impartiality, and the persistent allegations of systemic racism and unfair practices that have plagued the industry. As exemplified in the response from Maryland Certified General Appraiser William Turner to an article...

False Claims of Racism Against Appraiser ...my career, business, and health at risk due to false claims made by a homeowner. As a professional real estate…
Misleading Ads Sow Mistrust These misleading ads are sowing seeds of mistrust in a time-tested profession. The National Fair Housing Alliance (NFHA) has recently…
NFHA's False Narrative Undermines the Appraisal Industry A barrage of billboards, magazine ads, and TV/radio public service announcements is being used to amplify and spread this false…

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NFHA’s False Narrative Undermines the Appraisal Industry

AppraisersBlogs — Fri, 18 Oct 2024 12:30:59 +0000

A barrage of billboards, magazine ads, and TV/radio public service announcements is being used to amplify and spread this false narrative. The latest attack on the appraisal industry is being spearheaded by the National Fair Housing Alliance (NFHA) and the Department of Housing and Urban Development (HUD), who are aggressively pushing a false narrative of widespread appraisal bias against Black and Latino homeowners. Through a relentless media campaign employing emotive messaging, vivid anecdotes, and dubious statistics, these entities are painting a picture of widespread, systemic bias among appraisers against Black and Latino homeowners. However, the reality is that not a...

The Real Cause of the Home Value Gap Is the Income Gap Blaming appraisers for the income gap will never solve the real underlying problem... Blaming appraisers for the income gap is…
USPAP’s Typical Buyer Standard in the Fair Housing Era The Irreconcilable Conflict Between USPAP's Typical Buyer Standard and the Current Fair Housing Compliance Regime. Retain this document as a…
HUD Investigation Leads to Illegal Break-In &… Over the past four years, I have been subjected to a relentless, unjust investigation by the U.S. Department of Housing…

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Misleading Ads Sow Mistrust

AppraisersBlogs — Thu, 29 Aug 2024 12:30:42 +0000

These misleading ads are sowing seeds of mistrust in a time-tested profession. The National Fair Housing Alliance (NFHA) has recently launched a concerning campaign of poster ads, billboard ads, and magazine ads that falsely accuse home appraisers of basing their valuations on the personal characteristics of the homeowners or prospective buyers, rather than solely on the objective merits and features of the property itself. This is a deeply misleading and unjust narrative that undermines the integrity of the appraisal profession, which is founded on the core principle of providing an independent, impartial assessment of a home’s value. Appraisers are highly...

HUD's Private Inquisitors Will Chill Protected… HUD awarded $54 million to 182 nonprofits to serve as posses in a a Spanish Inquisition-style drive. The deep pockets…
False Claims of Racism Against Appraiser ...my career, business, and health at risk due to false claims made by a homeowner. As a professional real estate…
NFHA's False Narrative Undermines the Appraisal Industry A barrage of billboards, magazine ads, and TV/radio public service announcements is being used to amplify and spread this false…

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Gov’t-Indulged Middlemen Are Wrong RX for Battered Borrowers, The Infirm

Jeremy Bagott — Mon, 17 Jun 2024 12:30:21 +0000

The U.S. government impoverishes homebuyers as it does the chronically ill – by promoting the use of middlemen who prey upon them. A cadre of such middlemen was created decades ago as a firewall between Big Pharma, the insurance companies and the pharmacy chains. Called “pharmacy benefit managers,” they were to negotiate drug prices, streamline distribution and manage lists of prescription drugs covered by insurance plans. But since the government has gone whole-hog into health care under the Affordable Care Act and into drug-price controls under the Inflation Reduction Act, things have gotten crazy at the slop trough. Today, according...

AMCs Billing Scheme, Hidden Profits & Deceptive Practices Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace…
Exposing Predatory AMCs Exposing the inner workings of these predatory AMCs and their corrosive influence on the housing market. Cindy Chance's recent comments…
CFPB Crackdown: Unfair Practices Hurting Consumers Bureau is currently investigating various fees associated with obtaining a loan, with the goal of identifying any that may be…

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How U.S. Home Valuations Are Being Subverted

Jeremy Bagott — Wed, 22 Mar 2023 12:30:16 +0000

At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations. Sometimes when the hair on the back of your neck stands up, there’s a reason for it. The nation’s $11 trillion mortgage market has been nationalized. This coup occurred in broad daylight and gradually. With Freddie and Fannie now in their second decade in federal conservatorship, the prospect that they will ever again be subjected to the watchful eye...

AVMs... Garbage In, Garbage Out Garbage data in means garbage results out every time! It's no secret that AVMs have been a thorn in the…
Speed Regardless of Accuracy Under the Banner of… Appraisers, something - comparing and contrasting - dawned on me last week, after reading another news release titled "Dean Kelker:…
No Appraisals Required. The End of Appraisers? No appraisal may be required in the future! Fannie Mae took a direct shot at appraisers with the announcement of…

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Maxine Waters Wants Appraisers Investigated

AppraisersBlogs — Wed, 23 Feb 2022 13:30:18 +0000

On February 22, 2022, Maxine Waters sent a letter to HUD Secretary Marcia Fudge, TAF, ASC and AI regarding ongoing appraisal bias and discrimination. She is calling on the federal regulators and AI to investigate appraisers’ misconduct and potential illegal discrimination. She will also be introducing legislation to address ongoing discrimination. Maxine Waters’ letter “highlights longstanding racial inequities plaguing America’s home valuation system”. The letter highlights longstanding racial inequities plaguing America’s home valuation system, particularly in Black-majority communities and other communities of color. To illuminate the severity of this issue, Chairwoman Waters references an email recently sent by an appraiser...

HUD Dismisses Claims Alleging Racism ...white America (government) keeps trying to 'fix' Black People who are not broken in the first place! We’ve all heard…
Lack of Evidence, Appraiser Challenges Discrimination Claims The next morning I went to my trusted AI program and asked if there was any evidence of bias. "Where…
Marin City Discrimination Case Settled It’s unfortunate that this case was SETTLED in the way it was, because in reality, nothing about racial discrimination and…

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National Fair Housing Alliance - Appraisers Blogs

Waste, Fraud & Abuse Flourished Under Former Secretary Fudge

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The Appraisal Profession’s Perfect Storm: A Veteran’s Take on a Dying Craft

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Fannie Mae Fraud and Abuse Exposed

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NFHA Funding Dries Up

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Lack of Evidence, Appraiser Challenges Discrimination Claims

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NFHA’s False Narrative Undermines the Appraisal Industry

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Misleading Ads Sow Mistrust

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Gov’t-Indulged Middlemen Are Wrong RX for Battered Borrowers, The Infirm

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How U.S. Home Valuations Are Being Subverted

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Maxine Waters Wants Appraisers Investigated

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