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Daniel Hammond
Complaint Summary

Daniel Hammond was working as an appraiser in Florida.  He came up on charges (details below) and the state of Florida revoked his license - what a concept !!!  Daniel Hammond solved this problem by moving to Colorado, where they don't revoke licenses and apparently don't much care about things that happen in some other state. 

Daniel Hammond is a Certified Residential appraiser in good standing in Colorado. 

Everyone deserves a second chance.  Right?

This was the account of what happened in Florida, from a credible source.  These comments are dated (approx) Sept, 2005.

Daniel Hammond was a State-Certified Residential Appraiser in Florida. Not sure when he got his Colorado License, but he did have it at the time the FREAB heard his case. He also had a Florida Trainee that was inactive when the case came up.

The complaint involved two appraisals of duplex properties in Tampa, FL. both were on the same street. Both were boarded up and condemned by the City of Tampa on November 25, 1998. Hammond's appraisals were completed in August, 1999. Although he certified to interior and exterior inspection in his appraisal reports, access was not possible due to the propertied being secured. Hammond admitted he did not make an interior inspection.

At the request of the loan originator, Hammond falsified information concerning the condition of the improvements (stated 'average') and falsely stated both were single family residences. He admitted this during the investigation.

The complaint was filed by SouthTrust Bank, after they ended up with the loans and ran them through their quality control.

Mr. Hammond did not appear at the informal hearing. The motion to find guilt on four counts was passed unanimously, as was the motion to revoke his license.


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