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Mission Moment: Rolando Castro

I started at TALCB in the summer of 2020. I was definitely unsure about what I was going to be doing here. I also knew I was only dipping my toe in the work of the Board, because I was completing a remaining term of a member who was leaving.

I’d come to a couple of meetings before my term started, and even after those meetings I still did not know how much work it would be or any insight into what I was going to do. I didn’t realize there was so much that happens behind the scenes, and it is all completed by the support staff here at TALCB.

Appraiser Awareness: TALCB Receiving Tips on Discriminatory Language

The Texas Appraiser Licensing & Certification Board (TALCB) is receiving state tips from Fannie Mae on discriminatory language in appraisals. Both organizations are working to make appraisers aware of the issue. 

Be Mindful of Your Practice

Appraisers should exercise care to avoid comments in a report that may be perceived as biased or illegally discriminatory.

Appointees officially confirmed to the Texas Appraiser Licensing & Certification Board

The Texas Appraiser Licensing & Certification Board (TALCB) is pleased to welcome John H. Eichelberger, III as a new member, and the reappointment of Rolando Castro. Both were confirmed by the Texas Senate on April 26, 2023. Texas Governor Greg Abbott appointed them with terms set to expire on January 31, 2029. 

Rolando Castro

of Cypress, Texas is a director at Cushman & Wakefield, a real estate company. He is also an MAI-designated member of the Appraisal Institute.

TALCB Makes Updates to Mentorship Program, Adopts Rules, and Discusses AQB Exposure Draft

The Texas Appraiser Licensing and Certification Board met last month and appointed Board Member Mark McAnally as secretary with Martha Gayle Reid Lynch re-appointed as vice chair.

TALCB Mentorship Program Updates

The Board approved a new process for appointing new TALCB Mentors yearly. TALCB Mentors work one on one with appraisers required to complete remedial education.

What is the TALCB Mentorship Program?

Texas Appraiser Licensing and Certification Board Mentors are an essential component in ensuring appraiser competency. Mentors are licensed appraisers who have 10 or more years of experience, no disciplinary history, and are certified Uniform Standards of Professional Appraisal Practice (USPAP) instructors or approved instructors for other recognizable appraiser designations.

Annual AMC Registry Reporting Starts in January 2023

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.

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 to each review consumer complaints that allege appraisal bias, and adopted and proposed changes to rules.

Is it Time for You to Take on a Trainee?

Fannie Mae and Freddie Mac have long allowed and encouraged the participation of trainees in the appraisal process, and lenders and secondary market participants are increasingly becoming more comfortable with appraisals performed by trainees, as research shows little difference in appraisal quality between real estate appraisers and trainees. (See Fannie Mae’s December 2021 Appraiser Update newsletter.)