Simply send the letter anonymously. Use paper mail, a stamp, and sign ‘anonymous due to fear of retaliation by the amc industry.’

Welcome to the club.

A senior rep with top level administrative positioning from a major amc called me just the other day. Probably fishing for hybrid servicers or something to that regard. When I did not play ultra nice to him for two seconds, he hung up the phone on me. That’s exactly how they treat all appraisers whom do not advocate and pay to play. It’s the culture of amc’s in general. They’re anti independent and clearly advocate for their lender clients above all else.

Yes, they pay well.

But don’t call out any repairs. They will blacklist you.

Worked for them for over 7 years. But as soon as I called out a repair on the property. They just blacklist me.

The amc industry attracts predatory persons. The amc’s exercise one of the most inefficient models on purpose; to find discount appraisers whom would be willing to participate in deceiving the consumer about appraisal fee distribution, and rewarding those appraisers with a redirection of the lions share of work orders. So much for equal opportunity. For the lender owned ones the amc also provides cover for a central control and advanced automated tools to delist and black list appraisers, without ever having to inform the appraisers or have any fair measure of equalized order distribution. Kill a deal, run late, don’t posture like a submissive employee, show one ounce of independence, upset anyone through their entire network for any reason, you’re out. You’ll still be on the amc’s panel and will have a profile, but there will mysteriously never be any more work for you. This is called ranking and grading as a cover for ongoing predatory or discriminatory practices.

Remember the most important amc industry tag lines; ‘To save time on appraisals’. ‘Provide more efficient process’. ‘Increase successful outcomes of the appraisal service to close more loans.’ The fact FHFA and the GSE’s now parrot the exact same lines. Appraisal modernization is synonymous with installing predatory lending programs as institutional norms.

Missing the IVPI proposal yet?
https://www.workingre.com/wp-content/uploads/2013/08/IVPI_Questions_and_Answers.pdf
https://www.workingre.com/wp-content/uploads/2013/08/IVPI-ENDORSEMENT.pdf
https://www.workingre.com/wp-content/uploads/2013/08/IVPI-Proposalfinal.pdf

You gave me an idea. What if every appraiser took the time to forward a copy of every AMC appraisal inquiry (not just orders) to the CFPB. It would only take a few days to flood their office and prove your point beyond doubt. It would clearly illustrate how they flood the market with inquiries to extract.the maximum profit for themselves. If that doesn’t work you could do the same thing once again for the union that wants appraisers to join. Very little time required from appraisers and it completely exposes the tactics of AMCs.

Start filing conflict of interest complaints and openly cc every single news and government outlet in the letter. I have to believe when the secret is put there will be cya by the other members. That’s just how these appointed government types are.

I’ve mastered the art of being removed from amc approved panels.
Ask three simple questions and do so consistently;
1. What was the borrower charged for the appraisal fee?
2. How many other appraisers was this request sent to?
3. Why does your company use grading instead of equal round robin distribution of requests?
Works like a charm every single time.

AMC reps on a State Board governing appraisers?

There will be push-back from these people to protect their own interests, if it’s heard and acknowledged at all.

I’m sure REVAA has some high dollar firms on their retainer list. 1 letter to a state board will take care of 99.9% of any issues.

Post the links.

Here is the CO board.
https://dre.colorado.gov/division-of-real-estate/about-the-division/division-boards-commission-and-programs
Two appraisers up against commercial banking, amc owner, and a government appraiser.

And look. If you play ball, you get slightly higher fees. Pushing bpo subs for appraisals.
https://www.ascendasg.com/appraisers

FRISCO Lender Services has both fees on their LOE and are very fair in their fees. The ONLY AMC I’ve seen doing this and I hear from most of them working a rural area.

Triple dog dare you to ask the Mercury, Scope, Regorra, Appraisal Port or any likewise companies to tell you how many other appraisers any given bid request was also sent to. There is no faster way to upset those people. Because they know immediately your primary purpose is to get them to admit how unethical their own platforms are. They will literally do and say anything to avoid answering that question up to and including secretly changing your primary email to a no replay internal email so you’ll never get a new client again and would not find out about it until years later. They did that to me. I’ve been previously banned by two of the platforms above and down listed by others. Why confront only the amc when the tech platforms make what the amc’s does possible. They’re all in it together. Anyone whom speaks up in favor of appraisers is immediately replaced.

Not a coincidence that when amc persons were put on valuation boards, all complaints against amc’s stopped dead in their tracks and never returned. Having amc persons on appraiser boards is like allowing a federal jury seeking to indite mobsters, populated every other person by the mobsters associates. Everyone is too intimidated to speak up or too easily bought off. The model is flawed as the day is long. A small board of seven or so volunteers, at least one of which whom has allegiance to financial corporations or would lose their paying job elsewhere if they voted in favor of investigations, can not successfully put together cases to go against billion dollar financial corporations.

Talk more about; ‘amc’s attorneys’… That would be interesting to explore. Who are they? Where? How are they communicating with board members? When do they step in and why? Records? References?

Can you name one single amc that bills for it’s services separately, clearly itemizing this for everyone to see and know? / Name one single amc that consistently pays the VA fee rate for every appraisal they send out? (C&R compliance) / Can you name a single amc whom does not have a conceal the appraisers fee from the consumer provision? I can guarantee you there is not one single amc in the entire industry whom does all three. It is my personal belief that most appraisers in this country can’t find even a single amc whom meets one of those criteria.

There is no point in needing to name the amc’s individually. The entire amc industry is corrupt as the day is long. All they do is pressure appraisers and steal the fees. That’s their job. If appraisers were fortunate enough to run across an honest person working in the amc industry, they most likely came to eventually realize that amc staff turnover has been consistently so high, any relief was fleeting at best.

Let’s move up the ladder to the technical utilities which make the amc model possible; Scope, Mercury, Appraisal Port, Regorra, and so many other proprietary ones whom copy the model by individual amc’s and individual lenders. Although they can be used for good, most are not. The technical utilities have absolutely no safeguards for appraisers. When I’ve pushed back against amc’s at some of these companies, the company heads and managers themselves have blacklisted me out of their entire programs. For asking questions like how many other appraisers was this sent to, how can I avoid all amc communication across the board, how can appraisers have settings they do not bid and only accept direct assignment orders, to please publish median fee lists again which do not include amc service fees, to answer what was the consumer charged. All questions which get an appraiser instantly blacklisted from the very top. I posted a long list of all the unfair anti competitive practices the technical systems impose upon appraisers, maybe save that for another day. But if I write copy this letter above, I’ll be sure to add to it.

This is fun; Set your fees to $1 across the board for everything. No really, try that, insane. Short circuits any assignment company whom has low fee priority set. Your name will always come up first.

Most state boards are also highly influenced by the AMC $$ – and their attorneys. Our board had the president of an AMC as it’s chairperson. Fox and henhouse ?