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AMC Hires a Convicted Felon as Property Data Collector

Appraiserblogs

The recent case of Paschal Uchendu, a convicted felon awaiting sentencing for orchestrating a $1.2 million armed robbery of a courier van, which he was entrusted to secure, is cause for alarm when it comes to the use of unlicensed property data collectors.

Law 148
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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

Related Posts: AMC Hires a Convicted Felon as Property Data Collector The recent case of Paschal Uchendu, a convicted felon awaiting sentencing for orchestrating a $1.2 The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals.

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Should Property Data Collectors Be Licensed?

Appraiserblogs

Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? HB1663 would establish a license category for property data collectors under the jurisdiction of the Mississippi Real Estate Appraisal Board.

Law 119
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HUD’s Use of Convicted Felons to Ramp Up ‘Discrimination Testing’

Appraiserblogs

Few would argue that society doesn’t benefit when convicted felons are rehabilitated and re-integrated. Related Posts: AMC Hires a Convicted Felon as Property Data Collector The recent case of Paschal Uchendu, a convicted felon awaiting sentencing for orchestrating a $1.2

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Class Valuation Requests for Proposals

Appraiserblogs

It’s time to grab your popcorn and settle in for another round of AMC shenanigans. Last week, Class Valuation, the esteemed AMC known for their impeccable reputation, sent out an email to appraisers claiming that they do not “bid for the cheapest and fastest appraisal.” They actually did me a favor.

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‘Clean-Slate’ Laws, Bad Policy Could Dispatch More Felons to Borrowers’ Homes

Appraiserblogs

The idea of unlicensed individuals being hired off the streets and paid a pittance to video and photograph the interiors of borrowers’ homes, which would include the exact location of valuables and children’s bedrooms, has been unsettling to some. New, progressive laws designed to conceal felony convictions.

Law 133
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FNMA Continued Effort to Get Rid of Appraisers

Appraiserblogs

Our expert analysts validate the appraisal results by asking questions like “Do the comparable sale selections make sense?”, “Is the data accurate?”, “Did the appraiser make appropriate adjustments?” and “Are we getting the most probable value?” million armed robbery of a… Has FNMA Gotten Too Big to Control?

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