The latest news from TALCB - December 2022





TALCB Bulletin [ [link removed] ]________________________________________________________________________






TALCB Discusses Complaints Alleging Appraisal Bias, Adopts and Proposes Rule Changes

The Texas Appraiser Licensing and Certification Board met December 2 and heard updates from staff, discussed the new partnership with the Texas Workforce Commission Civil Rights Division [ [link removed] ] to each review consumer complaints that allege appraisal bias, and adopted and proposed changes to rules.

*Read More* [ [link removed] ]


Comment on Proposed Rule Changes

During the TALCB Meeting, the Board proposed new rules that remove the sanctions guidelines from the complaint processing rule and make it into a separate rule. Written comments on the proposed rule changes are now being accepted. The earliest the rules could be adopted is at the TALCB Meeting on February 3, 2023.


* Use the?public comment tool [ [link removed] ]?to submit your comments.
* Send comments?via email <[email protected]?subject=Public%20Comment%20on%20153.24%2C%20153.241>.
* Mail comments to: General Counsel, Texas Appraiser Licensing and Certification Board, P.O. Box 12188, Austin, Texas 78711-2188.

*Comment Now* [ [link removed] ]


Is it Time for You to Take on a Trainee?

The?Appraiser Diversity Initiative (ADI) [ [link removed] ], launched in 2018, is designed to attract new entrants to the appraisal field and foster diversity by helping them navigate education, training, and experience requirements. Fannie Mae Lead Associate, Single Family Collateral Risk Sergio Johnson provides more details about the program and how you may be able to get involved.

*Read More* [ [link removed] ]


Annual AMC Registry Reporting Starts in January

Appraisal Management Companies registered with TALCB must complete AMC National Registry mandatory reporting and pay the registration fee by?*March 31, 2023*.?*AMCs that do not timely comply will not be added to the national registry, resulting in ineligibility to perform services on federally related transactions.*In addition, failure to timely comply will result in a late fee of $500 and may result in disciplinary action.

The current registry reporting period is?*January 1, 2022, through December 31, 2022*. Mandatory reporting can be completed by logging on to TALCB?s?Online Services [ [link removed] ]. Registrants must report:


* Whether the AMC oversees an appraiser panel of more than 15 appraisers in Texas or 25 or more appraisers in multiple states;
* Whether the AMC is a federally regulated AMC;
* Ownership information; and
* The number of appraiser panelist who performed work on one or more covered transactions in Texas during the reporting period.

The AMC National Registry Fee is $25 per panelist who performed work on a covered transaction between January 1, 2022, through December 31, 2022. This fee will be transmitted to the Appraisal Subcommittee. In addition, a 3% online processing fee will be applied, which will be transmitted to Texas Online. Neither fee is kept by TALCB.

FAQs on the process and an instruction video can be found on the?TALCB website [ [link removed] ]. Please email us <[email protected]> for assistance.?











TALCB Updates

In Memoriam: Robert "Bob" Hetrick

Robert F. Hetrick (Bob) died on November 4, 2022 in San Antonio after a short illness. Hetrick served as a Volunteer Appraisal Reviewer for TALCB for many years. "Bob was passionate about giving back to the profession, and his contributions will never be forgotten. Beyond being an excellent appraiser, he was a good person who put the needs of others before his own," says TALCB Director Melissa Tran. Read Hetrick's obituary [ [link removed] ]

AMCs Have Easier Path to Relinquish Registration

Appraisal Management Companies (AMCs) can now relinquish their registration in Texas at any point if they are no longer conducting business in Texas. Use the new "Appraisal Management Company (AMC) Request for Voluntary Relinquishment" [ [link removed] ]" form (TALCB AMCVR-0) to "request relinquishment to TALCB. Previously, AMCs could only allow their license to lapse.

Apply to Serve as a Volunteer Appraisal Reviewer

Committing to serve as a Volunteer Appraisal Reviewer is a way for experienced appraisers to serve the public interest and contribute to the appraisal profession. Volunteer Appraisal Reviewers assist TALCB in performing appraisal reviews for experience audits, work product review requests, or complaint investigations. If you are interested in applying to serve as a Volunteer Appraisal Reviewer,?follow the instructions [ [link removed] ]?and?submit your application [ [link removed] ].






Resources & Events

* *Current Edition of USPAP Effective Through 2023 [ [link removed] ]*
* *TALCB Closed in Observance of Christmas:?Monday, December 26*
* *TALCB Closed in Observance of New Year's Day:?Monday, January 2, 2023*
* *TALCB Meeting:?February 3 [ [link removed] ]*
* *Review TALCB Disciplinary Actions [ [link removed] ]*
* *Work for TREC/TALCB [ [link removed] ]*

*View TALCB Calendar* [ [link removed] ]














Connect with us!
Facebook [ [link removed] ] ? Twitter [ [link removed] ] ? Youtube [ [link removed] ] ?Govdelivery [ [link removed] ] SUBSCRIBER SERVICES:
Unsubscribe [ [link removed] ] |? Help [ [link removed] ]

________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Texas Real Estate Commission ? 1700 N. Congress Ave., Suite 400 ? Austin, TX 78701 GovDelivery logo [ [link removed] ]

body .abe-column-block {min-height: 5px;}