Mary Cummins, Real Estate Appraiser, Real Estate Appraisal, Los Angeles, California, Mary Cummins.

Mary Cummins is a real estate appraiser in Los Angeles, California with 38+ years of experience. Cummins provides real estate appraisals for banks, lenders, mortgage brokers, Appraisal Management Companies (AMCs), lawyers, Courts, factors and private parties for lending, lawsuits, probate, estate planning, divorce and all types of litigation. Cummins provides 1004, 1073, 1025 and other form reports, narrative reports and historical appraisals besides real estate research and appraisal advice.

Showing posts with label scott turner. Show all posts

Friday, March 28, 2025

HUD Scrubs Divisive Content from HUD Website by Jeremy Bagott, Comments by Mary Cummins

dei, racism, mary cummins, donald trump, andre perry, hud, jeremy bagott, appraisal bias, scott turner, real estate appraiser, real estate appraisal, appraiser, appraisal, los angeles, california

Jeremy Bagott @jbagott posted a new press release titled "HUD Scrubs Toxic Content from Hijacked Portal." ( https://mailchi.mp/40d0c98d36d9/hud-scrubs-toxic-content-from-hijacked-portal-10898622 "HUD SCRUBS TOXIC CONTENT FROM HIJACKED PORTAL:VENTURA, Calif. (March 28, 2025) – A web portal run by the U.S. Department of Housing and Urban Development as a clearinghouse for misinformation and to promote crony business relationships has now been purged of much of its most toxic content. More needs to be done.

The portal, known as the “HUD Exchange,” connected lawyers and crony nonprofits with potential plaintiffs for shakedown lawsuits and to spread divisive conspiracy theories. The portal, which appeared to have been taken over by HUD around the start of the pandemic, was originally operated by a tiny federal agency whose stated mission was to provide resources for wounded, ill and injured service members and their families. HUD somehow wrested control of it. Under Housing Secretary Scott Turner, many malicious web pages have been removed."

HUD has also removed many pages from the HUD.gov website. Most of them were against Donald Trump's new anti DEI policies. The other data and pages removed had to do with anything, everything Joe Biden. I agree that some of the content was not only divisive but false. The worst items had to do with HUD's false narrative of the allegedly old white male racist real estate appraiser. This false narrative was promoted by Biden and the Dems in the hopes of securing votes from blacks, Latinos. Biden stated if elected he would fix the wealth gap by going after allegedly racist appraisers.

The wealth gap is caused by the income gap. The income gap is not caused by race but socioeconomic factors. There are also lower income white people. People of all color, race who make less money have less money and buy less expensive homes in less expensive areas. It's not caused by real estate appraisers appraising their homes for less than what they're worth. A home in Watts is worth less than a home in Beverly Hills. We're just the messengers. We just report value. We don't set it.

One thing that I'm glad was removed, archived was almost every mention of Andre Perry and his fake paper and book "Know your price." AEI and others have debunked Perry's false claim of racial bias in appraisal values many times. AEI spoke at government meetings and sent in independent research. The government would not listen because it didn't fit their agenda to garner black, Latino votes. In the end Biden never fixed the wealth gap. He also didn't get the black, Latino vote and lost the election.

I'm also glad NFHA's false and defamatory articles, lawsuits, PSA's against real estate appraisers were removed. Private nonprofit NFHA took advantage of the false narrative of the alleged white racist appraiser to file frivolous lawsuits. Their purpose was media attention and grants for their board members and CEO. Many people used the false narrative to make money at the expense of real estate appraisers.

Immediately after George Floyd's murder the pendulum swung to the far left in terms of race. People were demanding reparations and forcing companies to hire some harmful DEI "consultants." DEI can be a good thing but some new self proclaimed "consultants" took it was too far and it became anti white, anti male, anti business. There's no more talk of reparations and almost all DEI is in the trash. Now we've swung to the far right with the end of affirmative action and mandatory removal of all DEI. Sadly our country still has issues with racism, misogyny, gender issues... I hope eventually we can end up in the sane middle on these important issues.

Mary Cummins of Cummins Real Estate is a certified residential licensed appraiser in Los Angeles, California. Mary Cummins is licensed by the California Bureau of Real Estate appraisers and has over 35 years of experience.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary, Cummins, #marycummins #animaladvocates #losangeles #california #wildlife #wildliferehabilitation #wildliferehabilitator #realestate #realestateappraiser #realestateappraisal #lawsuit real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, certified, single family, condo, condominium, pud, hud, fannie mae, freddie mac, fha, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, brea insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, 1073, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls, historical appraisal, facebook, linkedin

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Mary Cummins

Mary Cummins of Cummins Real Estate Services has been in real estate since 1983, over 35 years. She is licensed by the Bureau of Real Estate Appraisers. Mary Cummins was an agent and broker licensed with the California Department of Real Estate selling residential income, commercial buildings, raw land and homes for Merrill Lynch Realty in Beverly Hills and Westside Properties in Los Angeles before concentrating on appraisals. Mary Cummins currently provides real estate appraisals, expert witness testimony, historical research, legal real estate research for mortgage brokers, banks, lawyers, factors, insurance companies, financial consultants and private individuals. Mary Cummins was born and raised in Southern California. Cummins attended Beverly Hills Good Shepherd Catholic School and Beverly Hills High School. Besides being on the Dean's list, Mary Cummins was a top ten national swimmer and competed on the men's water polo team. Mary Cummins began college at the age of 15 attending the University of Southern California on scholarship, majoring in Psychology/Sociology. http://www.animaladvocates.us http://www.facebook.com/AnimalAdvocatesUSA

Friday, February 7, 2025

Scott Turner Confirmed as Secretary of HUD, Conversation on False Narrative of Appraisal Bias, by Mary Cummins

appraisal bias, mary cummins, real estate appraisal, real estate appraiser, steve womack, scott turner, hud, confirmation hearing,

Scott Turner was confirmed as the Secretary of HUD yesterday. During his confirmation hearing Senator Steve Womack promoted the false narrative of the racist appraiser lowballing Blacks. Senator Steve Womack stated "So one of the overlooked drivers of racial wealth and equity within our housing system is the very well-documented pattern of lenders and the appraisal market persistently assessing the value of black and brown homes lower than white homeowners. If confirmed, will you commit to continue to use HUD's tools and authorities to crack down on appraisal bias, including by continuing to provide consumers with data to push back on suspected bias?" Scott Turner said he would look into it.

I took the opportunity to email Scott Turner at HUD the following. I encourage everyone to try to meet, speak with Turner in hopes he will see and believe the independent data and research on this subject. I sent the following email.

Email to Scott Turner:

"I watched your confirmation hearing. Senator Warnock mentioned the false narrative of "appraisal bias." He stated "So one of the overlooked drivers of racial wealth and equity within our housing system is the very well-documented pattern of lenders and the appraisal market persistently assessing the value of black and brown homes lower than white homeowners."

This is totally false and has been proven with independent research by AEI and others. People who make more money have more money and buy more expensive homes in more expensive areas. Whites make more than Blacks, Latinos. That explains the difference in value of white and Black, Latino owned homes. No one is low balling Blacks and Latinos. It's the income gap.

Joe Biden used this false narrative for political purposes to try to court the Black, Latino vote. He knew this was false. So did Marcia Fudge the ex secretary of HUD. Income inequality is not under the jurisdiction of HUD. It would be under the Department of Labor. This is why Donald Trump got rid of the PAVE Task Force. PAVE promoted the false narrative which has harmed appraisers and the industry.

I'm asking you and HUD to not continue to promote the false narrative of the "racist appraiser" lowballing home values of certain groups. It's discriminatory and racist. I hope the government can work on the income and wealth gap instead with programs that help people make more money so they can buy a home.

References

AEI How Common is Appraiser Racial Bias? It's not.
https://www.aei.org/how-common-is-appraiser-racial-bias/

AEI A Critique of the Brookings Institute Andre Perry The Devaluation of Assets in Black Neighborhoods. AEI proves Andre Perry's paper deeply flawed and incorrect.https://www.aei.org/wp-content/uploads/2021/08/Impact-of-Race-and-Socio-Economic-Status-on-the-Value-of-Homes-by-Neighborhood-Presentation-8.5.21-FINAL-v4.pdf?x91208

From the confirmation hearing of HUD Secretary Scott Turner:

Senator Warnock (02:22:25):

So one of the overlooked drivers of racial wealth and equity within our housing system is the very well-documented pattern of lenders and the appraisal market persistently assessing the value of black and brown homes lower than white homeowners. You and I discussed this a little bit the other day in my office, and my staff sent you some background information and data on appraisal bias. This is real money hurting real people. In part of my urging, the Biden administration took steps to crack down on appraisal bias with HUD leading an interagency effort. If confirmed, will you commit to continue to use HUD's tools and authorities to crack down on appraisal bias, including by continuing to provide consumers with data to push back on suspected bias?

Mr. Turner (02:23:15):

Thank you, Senator. Thank you for the information that you sent. I have begun to read and I look forward to exploring that more with you. And as I said before, I do commit to upholding the law as it is on the book, against all illegal discrimination.

Senator Warnock (02:23:29):

Including appraisal bias.

Mr. Turner (02:23:31):

We will continue to look into that and I look forward to working with you on that and become more well-studied. Thank you.

https://www.rev.com/transcripts/scott-turner-confirmation-hearing

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Mary Cummins

Sunday, November 24, 2024

What will Donald Trump, Scott Turner do to HUD? Same thing Trump Did First Term, Cut the Budget and Programs, by Mary Cummins

Photo: Wikipedia, Donald Trump, Scott Turner, HUD, Mary Cummins, Real Estate Appraiser,

Donald Trump nominated ex-football player, motivational speaker and Pastor Scott Turner to be the head of HUD. Scott was a Texas State Representative for the 33rd District for two terms. He was also on Trump's White House Opportunity and Revitalization Council during Trump's first term. In 2023 he was hired as Chief Visionary Officer (lobbyist?) at JPI a real estate company.

When Turner was on the White House Opportunity and Revitalization Council he co-produced a one year report. That report was the result of the Trump 2017 Tax Cuts and Jobs Act. It dealt mainly with plans to promote investments in Opportunity Zones. A final report released in 2020 stated they were involved in different grant programs. Trump cut the HUD budget at least 18% during his term so grant programs and funding were reduced. That appeared to be a name only PR council and report.

We can expect Trump to again cut the HUD budget. I personally feel some programs are vital and others should be cut. I'd like to suggest HUD cut the funds given to NFHA for defamatory advertisements trashing appraisers. They could also cut the funding for the improper sting operations and lawsuits regarding appraisers. They should also look into the false and frivolous appraiser complaints. Hire an independent real estate appraisal company to investigate to see if the values in question were market value or not. If they weren't, investigate. If they were, dismiss the complaint and send an all clear letter. So much money was wasted on these worthless programs that did not find appraiser bias.

Trump in his Project 2025 plan stated he'd get rid of PAVE. The PAVE Task Force is over and it didn't really change anything. The main purpose was to get black, Latino and lower income votes and to keep campaign promises about solving made up problems. Joe Biden lied and said appraisal bias was a huge problem causing wealth inequality. The real problem is income inequality causing wealth inequality. Biden said he alone could fix the fake problem if they voted for him. The fake problem didn't exist.

We were already doing all of the suggested PAVE programs. We already had appraisal appeal aka Reconsideration of Value ROV processes. We already had mandatory bias, discrimination and fair housing education. We already had a complaint process. We were already planning a PAREA like solution to the mentorship program problems. The PAREA program is not yet successful with only a handful of graduates at huge expense. Appraisers are almost as diverse as real estate agents. The issue is high initial cost, time and inability to make a living in the current market. This goes back to income inequality.

Most people think HUD has the power to solve the housing crisis. It does not. HUD only oversees public housing programs and government backed mortgages. They have no control or jurisdiction over the real causes of the housing crisis which is insufficient number of housing units. That problem is caused by the states, counties and cities building requirements. It's not a problem under the direct jurisdiction of the federal government.

Trump has made some suggestions for helping the housing crisis. He will most likely roll back the Inflation Reduction Act which mandated more energy efficient homes. I doubt the developers will trickle down those savings to the consumer. Trump also suggested using federal lands to build homes. Those lands aren't in areas where people want to live. The last time the government did that developers built cheap shitty homes on swamp land such as Marin City. Trump said he'll reduce interest rates but he has no control over that Department.

It will be interesting to see what Donald Trump and Scott Turner actually do with HUD. I predict they will just reduce the budget and cut programs like Trump did last time. Turner will do a lot of positive press and release a lot of positive reports while he obeys Trump and guts the Department as much as possible.

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Mary Cummins

Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California

Friday, March 28, 2025

HUD Scrubs Divisive Content from HUD Website by Jeremy Bagott, Comments by Mary Cummins

Friday, February 7, 2025

Scott Turner Confirmed as Secretary of HUD, Conversation on False Narrative of Appraisal Bias, by Mary Cummins

Sunday, November 24, 2024

What will Donald Trump, Scott Turner do to HUD? Same thing Trump Did First Term, Cut the Budget and Programs, by Mary Cummins