Go straight to jail, judge tells convicted Collier real estate appraiser

A Collier appraiser convicted in two mortgage fraud schemes filed an emergency motion Friday to keep from reporting to a federal prison in West Virginia because he’s afraid of a witness against him who is jailed there.

But a federal judge said he has to report Monday and denied his request for a delay in a case that has seen many.

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Rachel Dollar

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4 responses to Go straight to jail, judge tells convicted Collier real estate appraiser

  1. No denial that there are many bad appraisers. While the blame can clearly be placed on the appraisers, the lenders and their representatives are culpable. Many lenders seek appraisers charging the lowest fees and are concerned solely with the timeliness of the appraisal (very quick turnaround) with no concern as to quality. They know whom to hire to make certain the appraisal meets a preconceived value. There is no motivation to higher quality appraisers. In fact, just the opposite. I stopped preparing residential appraisals years ago once savings no loans went away. Back then the person in charge of hiring appraisers was an appraiser and was diligent in protecting his bank from any fraud. This can be done today, but greed begins with the individual loan officer and goes up the chain of command. I see no change in sight.

  2. Stephen:
    I bet you’re clueless and only half as intelligent as your comment.
    Signed: An Appraiser

  3. All appraisers belong in jail.

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