According to the latest article by Mitch Weiss - Associated Press Writer - click here:

"Government e-mails turned over to the Associated Press last week revealed that the new executive director of the agency charged with regulating real estate appraisers quit hours after the AP exposed widespread problems with the agency on Aug. 18."

"It was Linda Nessi's one and only day on the job at the Appraisal Subcommittee, and she left without warning or explanation, according to the e-mails, which were obtained by the AP after a request under the Freedom of Information Act."

The performance of the Appraisal Subcommittee was among the subjects detailed in a six-month AP investigation that identified key failings in the nation's regulation of appraisers.

"The AP found that since 2005, more than two dozen states and U.S. territories have violated federal rules by failing to investigate and resolve complaints about appraisers within a year. Some complaints sat uninvestigated for as long as four years and as a result, hundreds of appraisers accused of wrongdoing have remained in business."

Click here for the complete article.