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<site xmlns="com-wordpress:feed-additions:1">52046035</site>	<item>
		<title>From Dealerships to AMCs: Tech Fees as the New Normal</title>
		<link>https://appraisersblogs.com/from-dealerships-2-amcs-tech-fees-as-the-new-normal/</link>
					<comments>https://appraisersblogs.com/from-dealerships-2-amcs-tech-fees-as-the-new-normal/#comments</comments>
		
		<dc:creator><![CDATA[Desiree Mehbod]]></dc:creator>
		<pubDate>Tue, 27 Jan 2026 13:30:23 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisal Technology]]></category>
		<category><![CDATA[Appraisers News]]></category>
		<category><![CDATA[Appraisal Management Company]]></category>
		<category><![CDATA[appraisal news]]></category>
		<category><![CDATA[appraisal technology]]></category>
		<category><![CDATA[fees]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=33228</guid>

					<description><![CDATA[<p>Tech fees have spread so far and wide that even my oil change felt like a crash course in AMC logic. Last year I went to the dealership for a simple oil change. Nothing dramatic. I was prepared to drink bad waiting room coffee, scroll my phone, and leave. Instead, the service rep came out with the classic “while we had it up on the lift” routine and told me I needed new brakes. Fine. I approved the $1,200 estimate. Not fun, but expected. When the work was done, I went to pay and noticed a mysterious $60 surcharge added&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/"     class="crp_link post-31465"><span class="crp_title">The Great Debate on Appraisal Fees</span></a><span class="crp_excerpt"> She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee&hellip;</span></li>
<li><a href="https://appraisersblogs.com/fannie-mae-equity-plan-the-drinking-game"     class="crp_link post-27346"><span class="crp_title">Fannie's 'Equity' Plan: The Drinking Game</span></a><span class="crp_excerpt"> What makes equity so invidious as a governing tenet is that it involves not just helping people of one racial&hellip;</span></li>
<li><a href="https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/"     class="crp_link post-31044"><span class="crp_title">Uncovering Flaws in FHA Appraisal & Loan Review Process</span></a><span class="crp_excerpt"> The story of this single mother's harrowing experience with a defective home purchase and HUD's negligent oversight exposes deep flaws&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/from-dealerships-2-amcs-tech-fees-as-the-new-normal/">From Dealerships to AMCs: Tech Fees as the New Normal</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>45</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">33228</post-id>	</item>
		<item>
		<title>The 24-Hour Appraisal Funded by Appraisers</title>
		<link>https://appraisersblogs.com/the-24-hour-appraisal-funded-by-appraisers/</link>
					<comments>https://appraisersblogs.com/the-24-hour-appraisal-funded-by-appraisers/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Thu, 23 Oct 2025 12:30:19 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisers News]]></category>
		<category><![CDATA[Trending]]></category>
		<category><![CDATA[appraisal news]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[hybrid appraisal]]></category>
		<category><![CDATA[liability]]></category>
		<category><![CDATA[property data collector]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=33111</guid>

					<description><![CDATA[<p>The 24-hour appraisal model runs on borrowed time and borrowed credibility. Guess who’s underwriting both.&#160; Reggora’s “24-hour appraisal” pitch was flimsy from the start, and now that we’ve seen the fine print, it’s not innovation, it’s a liability handoff wrapped in buzzwords. Their shiny new “Streamlined Appraisal” is just another hybrid, bifurcated product dressed up to look like progress. And like most hybrids, it assumes appraisers are either desperate, asleep, or willing to sign off on someone else’s work for peanuts. Brian Zitin proudly explains that Reggora sends a property data collector to the home before the borrower even commits&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/house-measurement-by-property-data-collector-gone-wrong"     class="crp_link post-28317"><span class="crp_title">House Measurement by Property Data Collector Gone Wrong</span></a><span class="crp_excerpt"> The lender allowed an unlicensed property data collector give bad data to the appraiser... I work for this lender and&hellip;</span></li>
<li><a href="https://appraisersblogs.com/hybrid-appraisals-flawed-data-or-flawed-agenda/"     class="crp_link post-32681"><span class="crp_title">Hybrid Appraisals - Flawed Data or Flawed Agenda?</span></a><span class="crp_excerpt"> Brian Zitin's self-serving interpretation of Reggora's survey results on hybrid appraisals is a textbook example of twisting flawed data to&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-24-hour-appraisal-diet-slim-on-time-light-on-credibility/"     class="crp_link post-33039"><span class="crp_title">The 24-Hour Appraisal Diet: Slim on Time, Light on&hellip;</span></a><span class="crp_excerpt"> Brian Zitin’s declaration that the appraisal “bottleneck” has been obliterated by Reggora’s 24-hour turnaround reads less like a breakthrough and&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/the-24-hour-appraisal-funded-by-appraisers/">The 24-Hour Appraisal Funded by Appraisers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>45</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">33111</post-id>	</item>
		<item>
		<title>NAR Calls Out Unregulated Middlemen: A Wake-Up Call for FHFA</title>
		<link>https://appraisersblogs.com/nar-calls-out-unregulated-middlemen-a-wake-up-call-4-fhfa/</link>
					<comments>https://appraisersblogs.com/nar-calls-out-unregulated-middlemen-a-wake-up-call-4-fhfa/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Thu, 02 Oct 2025 12:30:27 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisers News]]></category>
		<category><![CDATA[Customary & Reasonable Fees]]></category>
		<category><![CDATA[AMCs]]></category>
		<category><![CDATA[appraisal fees]]></category>
		<category><![CDATA[appraisal news]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[Federal Housing Finance Agency]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[FHFA]]></category>
		<category><![CDATA[NAR]]></category>
		<category><![CDATA[National Association of Realtors]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=33083</guid>

					<description><![CDATA[<p>When unregulated middlemen run the show, appraisers get ghosted, consumers get duped, and regulators get a velvet-gloved slap from NAR.&#160; In a housing market that demands clarity, Appraisal Management Companies, or AMCs, continue to operate like the magician’s assistant, always present, rarely transparent, and somehow still part of the act. But the National Association of REALTORS® (NAR) just handed the Federal Housing Finance Agency (FHFA) a letter that reads less like a polite memo and more like a velvet-gloved slap. It’s a bold call to rein in AMC antics and restore dignity to the appraisers who keep the system honest.&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/a-review-of-mein-comp-the-last-appraiser/"     class="crp_link post-33054"><span class="crp_title">A Review of MEIN COMP: The Last Appraiser</span></a><span class="crp_excerpt"> If Orwell moonlighted as an appraiser, and Kafka had a side hustle in compliance, "MEIN COMP: The Last Appraiser" by&hellip;</span></li>
<li><a href="https://appraisersblogs.com/dear-representative-fannie-mae-has-gone-rogue"     class="crp_link post-29081"><span class="crp_title">Dear Representative, FNMA Has Gone Rogue!</span></a><span class="crp_excerpt"> Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. Fannie Mae’s decision to waive/eliminate property appraisal for lending&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/"     class="crp_link post-31465"><span class="crp_title">The Great Debate on Appraisal Fees</span></a><span class="crp_excerpt"> She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/nar-calls-out-unregulated-middlemen-a-wake-up-call-4-fhfa/">NAR Calls Out Unregulated Middlemen: A Wake-Up Call for FHFA</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>38</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">33083</post-id>	</item>
		<item>
		<title>A Review of MEIN COMP: The Last Appraiser</title>
		<link>https://appraisersblogs.com/a-review-of-mein-comp-the-last-appraiser/</link>
					<comments>https://appraisersblogs.com/a-review-of-mein-comp-the-last-appraiser/#comments</comments>
		
		<dc:creator><![CDATA[Desiree Mehbod]]></dc:creator>
		<pubDate>Mon, 08 Sep 2025 12:30:43 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisers News]]></category>
		<category><![CDATA[Trending]]></category>
		<category><![CDATA[AMCs]]></category>
		<category><![CDATA[appraisal news]]></category>
		<category><![CDATA[artificial intelligence]]></category>
		<category><![CDATA[automated valuation model]]></category>
		<category><![CDATA[AVM]]></category>
		<category><![CDATA[discrimination]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[lawsuit]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=33054</guid>

					<description><![CDATA[<p>If Orwell moonlighted as an appraiser, and Kafka had a side hustle in compliance, &#8220;MEIN COMP: The Last Appraiser&#8221; by David Samnick would be their love child. But this isn’t dystopian fantasy, it’s a forensic autopsy of a profession that was methodically dismantled while regulators smiled, and algorithms sharpened their knives. Samnick’s book is fiction the way a courtroom sketch is fiction. The names are changed, but the faces are familiar, and the tactics are real. Through a cast of fictional appraisers, each representing a phase in the slow-motion collapse of independent valuation, we witness the insertion of middlemen, the&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/a-cry-from-the-appraisal-trenches-the-fall-of-gse-oversight/"     class="crp_link post-32713"><span class="crp_title">A Cry from the Appraisal Trenches: The Fall of GSE Oversight</span></a><span class="crp_excerpt"> That could bring our best and brightest back to GSE lending, leveling the playing field with fairer work distribution.&nbsp; Picture&hellip;</span></li>
<li><a href="https://appraisersblogs.com/gse-executive-boasts-scheme-2-slash-appraiser-numbers/"     class="crp_link post-30788"><span class="crp_title">GSE Exec Boasts Scheme to Slash Appraiser Numbers</span></a><span class="crp_excerpt"> At a recent appraisal event, a GSE executive, after a few drinks, privately told his nearby colleagues that we suck&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-professions-perfect-storm-a-veterans-take-on-a-dying-craft/"     class="crp_link post-32754"><span class="crp_title">The Appraisal Profession’s Perfect Storm: A&hellip;</span></a><span class="crp_excerpt"> The new UAD form, the AMC fee gouging, the waivers, the false bias claims. It’s a perfect storm of assaults.&nbsp;&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/a-review-of-mein-comp-the-last-appraiser/">A Review of MEIN COMP: The Last Appraiser</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>33</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">33054</post-id>	</item>
		<item>
		<title>AMCs Overcharging Consumers? Morgan &#038; Morgan Investigates</title>
		<link>https://appraisersblogs.com/amcs-overcharging-consumers-morgan-morgan-investigates/</link>
					<comments>https://appraisersblogs.com/amcs-overcharging-consumers-morgan-morgan-investigates/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Fri, 14 Feb 2025 13:30:12 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
		<category><![CDATA[Appraisers News]]></category>
		<category><![CDATA[Customary & Reasonable Fees]]></category>
		<category><![CDATA[AMCs]]></category>
		<category><![CDATA[appraisal fee]]></category>
		<category><![CDATA[appraisal fees]]></category>
		<category><![CDATA[Appraisal Regulation Compliance Council]]></category>
		<category><![CDATA[ARCC]]></category>
		<category><![CDATA[fees]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=32555</guid>

					<description><![CDATA[<p>Morgan &#038; Morgan, a prominent law firm, is currently investigating the practices of Appraisal Management Companies (AMCs) and their potential role in driving up the cost of appraisals for consumers. The firm is actively seeking input from individuals who believe they have been overcharged or misled about the allocation of their appraisal fees between the AMC and the appraiser. At the heart of this investigation lies the concern over a lack of transparency, inflated costs, and questionable value that AMCs bring to the appraisal process. The Appraisal Regulation Compliance Council (ARCC) has conducted extensive research on this matter, revealing alarming&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/"     class="crp_link post-31465"><span class="crp_title">The Great Debate on Appraisal Fees</span></a><span class="crp_excerpt"> She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee&hellip;</span></li>
<li><a href="https://appraisersblogs.com/is-the-gses-appraisal-modernization-really-just-mass-appraisal/"     class="crp_link post-30451"><span class="crp_title">Is the GSE's "Appraisal Modernization" Really Just&hellip;</span></a><span class="crp_excerpt"> Mass Appraisal tend to exhibit a regressive nature...&nbsp; In the intricate landscape of real estate mortgage financing, the notion of&hellip;</span></li>
<li><a href="https://appraisersblogs.com/time-2-take-out-the-junk-amc-practices-exposed/"     class="crp_link post-34945"><span class="crp_title">It’s Time to Take Out the Junk: AMC Practices Exposed</span></a><span class="crp_excerpt"> Appraisers have spent years carrying the weight of broken AMC practices, and this article pulls every one of those practices&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/amcs-overcharging-consumers-morgan-morgan-investigates/">AMCs Overcharging Consumers? Morgan &#038; Morgan Investigates</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>48</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32555</post-id>	</item>
		<item>
		<title>The Shadowy AMC Fees Draining Billions from Homebuyers</title>
		<link>https://appraisersblogs.com/the-shadowy-appraisal-management-companies-fees-draining-billions-from-homebuyers/</link>
					<comments>https://appraisersblogs.com/the-shadowy-appraisal-management-companies-fees-draining-billions-from-homebuyers/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Thu, 09 Jan 2025 13:30:46 +0000</pubDate>
				<category><![CDATA[AI]]></category>
		<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Institute]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal Organizations]]></category>
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		<category><![CDATA[appraiser]]></category>
		<category><![CDATA[ARCC]]></category>
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		<category><![CDATA[Class Valuation]]></category>
		<category><![CDATA[Clear Capital]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[Consumer Financial Protection Bureau]]></category>
		<category><![CDATA[Dodd-Frank Act]]></category>
		<category><![CDATA[Federal Housing Finance Agency]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[FHFA]]></category>
		<category><![CDATA[FTC]]></category>
		<category><![CDATA[Nations Valuation]]></category>
		<category><![CDATA[payment]]></category>
		<category><![CDATA[ROV]]></category>
		<category><![CDATA[Solidifi]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=32371</guid>

					<description><![CDATA[<p>The hidden costs of appraisal management companies (AMCs) in the real estate industry have faced growing scrutiny, as highlighted by a recent Business Insider article titled &#8220;The Hidden Middleman who cost homebuyers $12 billion dollars and counting.&#8221; The article examines the opaque practices of AMCs, which frequently charge exorbitant fees that can exceed the amount paid to the appraiser. As highlighted by former Appraisal Institute CEO Cindy Chance, this issue has faced significant resistance from entrenched interests, mirroring the challenges faced in other industries such as the pharmacy benefit manager (PBM) sector, which ultimately led to an FTC investigation. The&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/"     class="crp_link post-31311"><span class="crp_title">Appraisal Regulation Compliance Council Exposes&hellip;</span></a><span class="crp_excerpt"> The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/the-shadowy-appraisal-management-companies-fees-draining-billions-from-homebuyers/">The Shadowy AMC Fees Draining Billions from Homebuyers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>158</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32371</post-id>	</item>
		<item>
		<title>Appraisal Industry Outlook Under Trump Administration</title>
		<link>https://appraisersblogs.com/appraisal-industry-outlook-under-trump-administration/</link>
					<comments>https://appraisersblogs.com/appraisal-industry-outlook-under-trump-administration/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Mon, 06 Jan 2025 13:30:04 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
		<category><![CDATA[Appraisal]]></category>
		<category><![CDATA[Appraisal Management Companies]]></category>
		<category><![CDATA[Appraisal News]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=32173</guid>

					<description><![CDATA[<p>In a recent article, John D. Russell, JD explored the potential impact of the new Trump administration on the appraisal industry. With Republicans set to control the legislative process, Russell analyzed various documents and comments to distill expectations for how appraisal-related issues may be handled going forward. He noted that the Trump administration&#8217;s efforts will likely reflect much of the Project 2025 platform, and that its approach to the GSEs and FHFA in the first term could mirror that of the previous administration. Late first-term efforts on housing finance reform may also provide insight into second term priorities. Regarding the&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/gse-executive-boasts-scheme-2-slash-appraiser-numbers/"     class="crp_link post-30788"><span class="crp_title">GSE Exec Boasts Scheme to Slash Appraiser Numbers</span></a><span class="crp_excerpt"> At a recent appraisal event, a GSE executive, after a few drinks, privately told his nearby colleagues that we suck&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-waivers-expansion-fhfa-risky-move/"     class="crp_link post-31474"><span class="crp_title">FHFA's Appraisal Waivers Expansion</span></a><span class="crp_excerpt"> The Federal Housing Finance Agency's (FHFA) recent push to expand the use of appraisal waivers represents a concerning and potentially&hellip;</span></li>
<li><a href="https://appraisersblogs.com/arcc-discussion-exposes-gses-agenda-2-reduce-appraisal-friction/"     class="crp_link post-31528"><span class="crp_title">ARCC Discussion Exposes GSEs Agenda to Reduce&hellip;</span></a><span class="crp_excerpt"> Mark Calabria's discussion with ARCC revealed the GSEs' agenda to reduce "appraisal friction" by eliminating the role of professional appraisers&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-industry-outlook-under-trump-administration/">Appraisal Industry Outlook Under Trump Administration</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>65</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">32173</post-id>	</item>
		<item>
		<title>Outrage Over Connect by ValueLink&#8217;s New Monthly &#8220;Junk Fee&#8221;</title>
		<link>https://appraisersblogs.com/outrage-over-connect-by-valuelink-new-monthly-junk-fee/</link>
					<comments>https://appraisersblogs.com/outrage-over-connect-by-valuelink-new-monthly-junk-fee/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Wed, 27 Nov 2024 13:30:56 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31581</guid>

					<description><![CDATA[<p>The recent announcement from Connect by ValueLink has sparked outrage among appraisers. Effective January 1, 2025, the company plans to institute a new $19.99 monthly user fee for all appraisers utilizing their portal to receive and submit appraisal orders. This fee will be in addition to the existing technology fees already charged on a per-appraisal basis. Understandably, many appraisers are up in arms over this development, viewing it as yet another &#8220;junk fee&#8221; that will only serve to erode their already-thin profit margins. What makes this particularly galling for appraisers is the fact that it is often appraisal management companies,&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/amc-fee-impact-on-appraisal-fee"     class="crp_link post-29525"><span class="crp_title">AMC Fee Impact on Appraisal Fee</span></a><span class="crp_excerpt"> While the borrower was charged $695 for the appraisal, the appraiser was only paid $301. The AMC fee was $394.&nbsp;&hellip;</span></li>
<li><a href="https://appraisersblogs.com/uspap-typical-buyer-standard-in-the-fair-housing-era/"     class="crp_link post-33420"><span class="crp_title">USPAP’s Typical Buyer Standard in the Fair Housing Era</span></a><span class="crp_excerpt"> The Irreconcilable Conflict Between USPAP's Typical Buyer Standard and the Current Fair Housing Compliance Regime. Retain this document as a&hellip;</span></li>
<li><a href="https://appraisersblogs.com/fannie-mae-filed-a-complaint-against-me/"     class="crp_link post-30011"><span class="crp_title">Fannie Mae Filed a Complaint Against Me</span></a><span class="crp_excerpt"> An appraiser shared the following with us which was posted on one of the appraisers’ groups. Fannie Mae filed a&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/outrage-over-connect-by-valuelink-new-monthly-junk-fee/">Outrage Over Connect by ValueLink&#8217;s New Monthly &#8220;Junk Fee&#8221;</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>53</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31581</post-id>	</item>
		<item>
		<title>The Great Debate on Appraisal Fees</title>
		<link>https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/</link>
					<comments>https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/#comments</comments>
		
		<dc:creator><![CDATA[Isaac Peck]]></dc:creator>
		<pubDate>Mon, 28 Oct 2024 12:30:09 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31465</guid>

					<description><![CDATA[<p>She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee paid by the borrower, which prompted her to stop working with AMCs because of the lack of transparency.&#160; The appraisal industry is abuzz with a discussion about appraisal fees. The Consumer Financial Protection Bureau (CFPB) recently issued a Request for Information Regarding Fees Imposed in Residential Mortgage Transactions [Docket No. CFPB-2024-0021] in which it solicited feedback from the public and industry stakeholders on the fees charged to consumers by mortgage providers and related settlement services. The CFPB framed it as&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/"     class="crp_link post-31311"><span class="crp_title">Appraisal Regulation Compliance Council Exposes&hellip;</span></a><span class="crp_excerpt"> The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/">The Great Debate on Appraisal Fees</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>32</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31465</post-id>	</item>
		<item>
		<title>Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations</title>
		<link>https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/</link>
					<comments>https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Fri, 30 Aug 2024 12:30:34 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31311</guid>

					<description><![CDATA[<p>The Appraisal Regulation Compliance Council published a detailed breakdown to the CFPB, which showed the median average AMC fee being charged to borrowers amounted to a staggering 65% of the total appraisal fee, with one AMC extracting as much as 84% in pure profit. The Appraisal Regulation Compliance Council (ARCC) is a crucial non-profit organization that specializes in providing fact-based research and expertise on the complex web of appraisal regulations and compliance issues. Driven by a non-partisan mission, ARCC has spent the last two years diligently collecting, vetting, and organizing comprehensive data on lender appraisals conducted by Appraisal Management Companies&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-amcs-violating-tila-and-customary-and-reasonable-fee-clauses/"     class="crp_link post-30287"><span class="crp_title">AMCs Violating TILA and C&R Fee Clauses</span></a><span class="crp_excerpt"> Fellow Appraisers, the appraisal industry has been facing a major issue with AMCs violating the Truth in Lending Act (TILA)&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-regulation-compliance-council-exposes-disturbing-amc-violations/">Appraisal Regulation Compliance Council Exposes Disturbing AMC Violations</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>102</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31311</post-id>	</item>
		<item>
		<title>Fight Unfair AMC Practices &#8211; Leverage State Authorities</title>
		<link>https://appraisersblogs.com/fight-unfair-amc-practices-leverage-state-authorities/</link>
					<comments>https://appraisersblogs.com/fight-unfair-amc-practices-leverage-state-authorities/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Wed, 14 Aug 2024 12:30:38 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31246</guid>

					<description><![CDATA[<p>Alarmed by predatory practices among AMCs, a peer has drafted letters urging appraisers to call on state authorities to address unfair AMC conduct and potential regulatory violations.&#160; As appraisers, we have faced an ongoing challenge with Appraisal Management Companies (AMCs) offering fees that are well below the customary and reasonable rates for standard appraisal assignments. This practice has created a troubling trend of &#8220;bid wars&#8221; where AMCs pit appraisers against one another, driving down fees to unacceptably low levels. In response to this issue, a peer has provided two draft letters that can be easily modified and used by other&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
<li><a href="https://appraisersblogs.com/alleged-violations-of-appraiser-independence-at-fastapp-amc"     class="crp_link post-28354"><span class="crp_title">Fastapp AMC Alleged Violations of AIR</span></a><span class="crp_excerpt"> The following court documents in the case Naftali Horowitz v. [xxx], Fastapp AMC founder v. Fastapp AMC president, confirm what&hellip;</span></li>
<li><a href="https://appraisersblogs.com/violating-appraisal-independence-through-intimidation-coercion-n-harassment"     class="crp_link post-27193"><span class="crp_title">Violating Appraisal Independence Through Harassment,&hellip;</span></a><span class="crp_excerpt"> It shall be unlawful... to engage in any act or practice that violates appraisal independence... Appraisers, I have written the&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/fight-unfair-amc-practices-leverage-state-authorities/">Fight Unfair AMC Practices &#8211; Leverage State Authorities</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>34</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31246</post-id>	</item>
		<item>
		<title>Insights from CFPB&#8217;s Public Comment Period</title>
		<link>https://appraisersblogs.com/insights-from-cfpb-public-comment-period/</link>
					<comments>https://appraisersblogs.com/insights-from-cfpb-public-comment-period/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Tue, 13 Aug 2024 12:30:20 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31229</guid>

					<description><![CDATA[<p>The comment period on the Consumer Financial Protection Bureau&#8217;s (CFPB) &#8220;Request for Information Regarding Fees Imposed in Residential Mortgage Transactions&#8221; concluded on August 2, 2024, with a total of 959 comments received. Upon reviewing some of these submissions, several noteworthy perspectives emerged regarding appraisal fees and the role of Appraisal Management Companies (AMCs). The National Association of REALTORS® (NAR) highlighted the lack of transparency surrounding AMC fees, which are often bundled together with the actual appraisal fee on the Closing Disclosure (CD). This opaque structure prevents consumers from understanding the true cost of the appraisal service and hinders their ability&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/"     class="crp_link post-31182"><span class="crp_title">Lack of Fee Transparency: Exposing the AMC Exploitation</span></a><span class="crp_excerpt"> By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge&hellip;</span></li>
<li><a href="https://appraisersblogs.com/reforming-the-appraisal-review-process-the-illogical-reality-of-mortgage-appraisal-reviews/"     class="crp_link post-30943"><span class="crp_title">The Illogical Reality of Mortgage Appraisal Reviews </span></a><span class="crp_excerpt"> Reforming the appraisal review process is essential to maintaining the integrity of the real estate market and protecting consumers and&hellip;</span></li>
<li><a href="https://appraisersblogs.com/how-rural-america-lost-its-mortgage-lifeline/"     class="crp_link post-33012"><span class="crp_title">The Town With No Bank: How Rural America Lost Its&hellip;</span></a><span class="crp_excerpt"> For decades, we’ve been told that the problem is demand. That people don’t want to live in rural America anymore.&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/insights-from-cfpb-public-comment-period/">Insights from CFPB&#8217;s Public Comment Period</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>53</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31229</post-id>	</item>
		<item>
		<title>Lack of Fee Transparency: Exposing the AMC Exploitation</title>
		<link>https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/</link>
					<comments>https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/#comments</comments>
		
		<dc:creator><![CDATA[Desiree Mehbod]]></dc:creator>
		<pubDate>Wed, 31 Jul 2024 12:30:07 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31182</guid>

					<description><![CDATA[<p>By keeping the borrower in the dark about the true cost of the appraisal, the AMCs are able to charge exorbitant prices and pocket the difference (as shown in Figures 1 through 10), exploiting the consumer’s lack of knowledge.&#160; Thank you for the opportunity to comment on the Consumer Financial Protection Bureau’s Request for Information on Fees Imposed in Residential Mortgage Transactions. The growth of Appraisal Management Companies (AMCs) in the wake of the 2008 financial crisis was driven by a well-intentioned but ultimately misguided belief that they could help &#8220;ensure the integrity and independence&#8221; of property valuations. The reasoning&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/amc-fee-impact-on-appraisal-fee"     class="crp_link post-29525"><span class="crp_title">AMC Fee Impact on Appraisal Fee</span></a><span class="crp_excerpt"> While the borrower was charged $695 for the appraisal, the appraiser was only paid $301. The AMC fee was $394.&nbsp;&hellip;</span></li>
<li><a href="https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/"     class="crp_link post-30984"><span class="crp_title">Exposing Predatory AMCs</span></a><span class="crp_excerpt"> Exposing the inner workings of these predatory AMCs and their corrosive influence on the housing market.&nbsp; Cindy Chance's recent comments&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/lack-of-fee-transparency-exposing-the-amc-exploitation/">Lack of Fee Transparency: Exposing the AMC Exploitation</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>71</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31182</post-id>	</item>
		<item>
		<title>Uncovering Flaws in FHA Appraisal &#038; Loan Review Process</title>
		<link>https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/</link>
					<comments>https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Mon, 15 Jul 2024 12:30:32 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31044</guid>

					<description><![CDATA[<p>The story of this single mother&#8217;s harrowing experience with a defective home purchase and HUD&#8217;s negligent oversight exposes deep flaws in the FHA appraisal and loan review process. After sacrificing for years to rebuild her credit and earn the right to become a homeowner, this borrower found her dream home in the country &#8211; or so she thought. During the home inspection, several issues were flagged. The seller, an investor who had purchased the home in an estate sale, was unaware of the septic system&#8217;s location. The seller agreed to have the tanks pumped so the location could be determined.&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/scope-creep-n-the-imploding-of-rules-have-little-2-do-with-appraising"     class="crp_link post-26655"><span class="crp_title">Scope Creep & the Imploding of Rules</span></a><span class="crp_excerpt"> ...the imploding rules then implemented, and the scope creep that evolved because the cart was leading the horse, has severely&hellip;</span></li>
<li><a href="https://appraisersblogs.com/amc-reviewers-should-not-request-changes-n-withhold-appraisers-payment"     class="crp_link post-23181"><span class="crp_title">AMC Reviews of Appraisals</span></a><span class="crp_excerpt"> Only the lender's Underwriter should be able to request changes to the report and the lender should be the one&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-problem-n-undue-diligence"     class="crp_link post-27926"><span class="crp_title">The Appraisal Problem</span></a><span class="crp_excerpt"> Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/">Uncovering Flaws in FHA Appraisal &#038; Loan Review Process</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>44</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31044</post-id>	</item>
		<item>
		<title>Gov&#8217;t-Indulged Middlemen Are Wrong RX for Battered Borrowers, The Infirm</title>
		<link>https://appraisersblogs.com/appraisal-management-companies-exploit-borrowers-government-indulged-middlemen-are-wrong-rx-for-battered-borrowers/</link>
					<comments>https://appraisersblogs.com/appraisal-management-companies-exploit-borrowers-government-indulged-middlemen-are-wrong-rx-for-battered-borrowers/#comments</comments>
		
		<dc:creator><![CDATA[Jeremy Bagott]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 12:30:21 +0000</pubDate>
				<category><![CDATA[AMC]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=31003</guid>

					<description><![CDATA[<p>The U.S. government impoverishes homebuyers as it does the chronically ill – by promoting the use of middlemen who prey upon them. A cadre of such middlemen was created decades ago as a firewall between Big Pharma, the insurance companies and the pharmacy chains. Called “pharmacy benefit managers,” they were to negotiate drug prices, streamline distribution and manage lists of prescription drugs covered by insurance plans. But since the government has gone whole-hog into health care under the Affordable Care Act and into drug-price controls under the Inflation Reduction Act, things have gotten crazy at the slop trough. Today, according&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
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<ul>
<li><a href="https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/"     class="crp_link post-30984"><span class="crp_title">Exposing Predatory AMCs</span></a><span class="crp_excerpt"> Exposing the inner workings of these predatory AMCs and their corrosive influence on the housing market.&nbsp; Cindy Chance's recent comments&hellip;</span></li>
<li><a href="https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/"     class="crp_link post-30912"><span class="crp_title">CFPB Crackdown: Unfair Practices Hurting Consumers</span></a><span class="crp_excerpt"> Bureau is currently investigating various fees associated with obtaining a loan, with the goal of identifying any that may be&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-management-companies-exploit-borrowers-government-indulged-middlemen-are-wrong-rx-for-battered-borrowers/">Gov&#8217;t-Indulged Middlemen Are Wrong RX for Battered Borrowers, The Infirm</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>14</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">31003</post-id>	</item>
		<item>
		<title>Exposing Predatory AMCs</title>
		<link>https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/</link>
					<comments>https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/#comments</comments>
		
		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Fri, 14 Jun 2024 12:30:39 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30984</guid>

					<description><![CDATA[<p>Exposing the inner workings of these predatory AMCs and their corrosive influence on the housing market.&#160; Cindy Chance&#8217;s recent comments about the concerning practices of some appraisal management companies (AMCs) have struck a chord with many in the real estate valuation industry. Chance is shedding light on the troubling ways in which certain AMCs have come to wield significant power and influence over the appraisal process, often to the detriment of both appraisers and the public. The growth of AMCs in the wake of the 2008 financial crisis was driven by the misguided belief that they could help &#8220;ensure the&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/"     class="crp_link post-30912"><span class="crp_title">CFPB Crackdown: Unfair Practices Hurting Consumers</span></a><span class="crp_excerpt"> Bureau is currently investigating various fees associated with obtaining a loan, with the goal of identifying any that may be&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-debate-exposing-the-amc-fee-deception/"     class="crp_link post-31465"><span class="crp_title">The Great Debate on Appraisal Fees</span></a><span class="crp_excerpt"> She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee&hellip;</span></li>
</ul>
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<p>The post <a href="https://appraisersblogs.com/exposing-predatory-amcs-appraisal-management-companies-corrosive-influence-on-the-housing-market/">Exposing Predatory AMCs</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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		<post-id xmlns="com-wordpress:feed-additions:1">30984</post-id>	</item>
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		<title>CFPB Crackdown: Unfair Practices Hurting Consumers</title>
		<link>https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/</link>
					<comments>https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Wed, 05 Jun 2024 12:30:07 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30912</guid>

					<description><![CDATA[<p>Bureau is currently investigating various fees associated with obtaining a loan, with the goal of identifying any that may be particularly burdensome or concerning for borrowers. As we all know many AMCs are not paying Customary &#38; Reasonable fee as required by TILA. They have consistently pushed down the pay of Appraisers while making undisclosed profit off consumers and prioritizing cheapest and fastest over quality and competency. The CFPB has been in communication with individuals behind the scenes and are concerned with what has been shown enough to include AMCs in their data collection process. Now is the time to&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-billing-scheme-hidden-profits-n-deceptive-practices/"     class="crp_link post-30318"><span class="crp_title">AMCs Billing Scheme, Hidden Profits & Deceptive Practices</span></a><span class="crp_excerpt"> Appraisers who do not agree to their hidden billing methods are excluded from the majority of the GSE lending marketplace&hellip;</span></li>
<li><a href="https://appraisersblogs.com/amc-fee-impact-on-appraisal-fee"     class="crp_link post-29525"><span class="crp_title">AMC Fee Impact on Appraisal Fee</span></a><span class="crp_excerpt"> While the borrower was charged $695 for the appraisal, the appraiser was only paid $301. The AMC fee was $394.&nbsp;&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-new-improved-fannie-mae-fraudulator-2-is-an-outright-fraud"     class="crp_link post-29449"><span class="crp_title">The New & Improved Fannie Mae “FRAUDULATOR 2.0”</span></a><span class="crp_excerpt"> Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
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<p>The post <a href="https://appraisersblogs.com/cfpb-bureau-crackdown-unfair-practices-hurting-consumers/">CFPB Crackdown: Unfair Practices Hurting Consumers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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		<post-id xmlns="com-wordpress:feed-additions:1">30912</post-id>	</item>
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		<title>Appraisal Fees &#038; Value: Lessons from Picasso &#038; Steinmetz</title>
		<link>https://appraisersblogs.com/appraisal-fees-n-value-lessons-from-picasso-n-steinmetz/</link>
					<comments>https://appraisersblogs.com/appraisal-fees-n-value-lessons-from-picasso-n-steinmetz/#comments</comments>
		
		<dc:creator><![CDATA[Guest Author]]></dc:creator>
		<pubDate>Mon, 03 Jun 2024 12:30:01 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30906</guid>

					<description><![CDATA[<p>Picasso answered “$5,000 madam.” “But it only took you five minutes.” “No, madam, it took me my whole life.”&#160; The Appraisal Institute has been a source of frustration and criticism within the appraisal profession for quite some time. I must admit that I have also expressed my dissatisfaction with them. Nevertheless, I must acknowledge that the new CEO, Cindy Chance, appears to be a positive change and is making some valuable points about our profession from her new position. In particular, she recently discussed appraisal fees in a piece she wrote. In this excerpt, she shares two stories that provide&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/cindy-chance-terminated-cpa-john-udelhofen-interim-ceo-of-the-appraisal-institute/"     class="crp_link post-31369"><span class="crp_title">Cindy Chance Terminated</span></a><span class="crp_excerpt"> On September 13, 2024, the Appraisal Institute President, Sandra Adomatis, SRA, announced that Cindy Chance is no longer the CEO&hellip;</span></li>
<li><a href="https://appraisersblogs.com/fannie-mae-filed-a-complaint-against-me/"     class="crp_link post-30011"><span class="crp_title">Fannie Mae Filed a Complaint Against Me</span></a><span class="crp_excerpt"> An appraiser shared the following with us which was posted on one of the appraisers’ groups. Fannie Mae filed a&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-institute-harassment-tests-n-dance-with-amcs/"     class="crp_link post-32808"><span class="crp_title">Appraisal Institute’s Harassment, Tests, and Dance with AMCs</span></a><span class="crp_excerpt"> The Appraisal Institute’s latest chapter is a double dose of harassment woes — harassment allegations rocking its leadership and the&hellip;</span></li>
</ul>
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</div>
<p>The post <a href="https://appraisersblogs.com/appraisal-fees-n-value-lessons-from-picasso-n-steinmetz/">Appraisal Fees &#038; Value: Lessons from Picasso &#038; Steinmetz</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">30906</post-id>	</item>
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		<title>GSE Exec Boasts Scheme to Slash Appraiser Numbers</title>
		<link>https://appraisersblogs.com/gse-executive-boasts-scheme-2-slash-appraiser-numbers/</link>
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		<dc:creator><![CDATA[Jonathan Miller]]></dc:creator>
		<pubDate>Thu, 02 May 2024 12:30:43 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30788</guid>

					<description><![CDATA[<p>At a recent appraisal event, a GSE executive, after a few drinks, privately told his nearby colleagues that we suck as an industry. Last year, Phil Crawford and I reported on GSE efforts to send unsigned complaints to state boards at scale. Appraisers had no recourse but to defend themselves from the state boards without knowing who their accusers were. The public pressure became real, and the GSEs backed off from their anonymous letter-sending campaign (see Cosmic Cobra Guy’s reference). The exercise showed how little they think of us as professionals because it’s easier to generate AVMs by pressing a&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/fannie-mae-continued-effort-2-get-rid-of-appraisers/"     class="crp_link post-29984"><span class="crp_title">FNMA Continued Effort to Get Rid of Appraisers</span></a><span class="crp_excerpt"> Fannie Mae Continues Their Effort To Get Rid Of Appraisers: Sends “Tips” For the past year, Fannie Mae has sent&hellip;</span></li>
<li><a href="https://appraisersblogs.com/amc-hires-a-convicted-felon-as-property-data-collector"     class="crp_link post-29357"><span class="crp_title">AMC Hires a Convicted Felon as Property Data Collector</span></a><span class="crp_excerpt"> The recent case of Paschal Uchendu, a convicted felon awaiting sentencing for orchestrating a $1.2 million armed robbery of a&hellip;</span></li>
<li><a href="https://appraisersblogs.com/house-measurement-by-property-data-collector-gone-wrong"     class="crp_link post-28317"><span class="crp_title">House Measurement by Property Data Collector Gone Wrong</span></a><span class="crp_excerpt"> The lender allowed an unlicensed property data collector give bad data to the appraiser... I work for this lender and&hellip;</span></li>
</ul>
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<p>The post <a href="https://appraisersblogs.com/gse-executive-boasts-scheme-2-slash-appraiser-numbers/">GSE Exec Boasts Scheme to Slash Appraiser Numbers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">30788</post-id>	</item>
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		<title>UWM Underwriters Subsidized by Appraisers</title>
		<link>https://appraisersblogs.com/united-wholesale-mortgage-underwriters-subsidized-by-appraisers/</link>
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		<dc:creator><![CDATA[AppraisersBlogs]]></dc:creator>
		<pubDate>Tue, 16 Apr 2024 12:30:47 +0000</pubDate>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=30709</guid>

					<description><![CDATA[<p>The $29 fee also happens to nearly match the average hourly base salary of $29 for UWM underwriters.&#160; United Wholesale Mortgage (UWM) began an aggressive campaign in September 2021 to recruit appraisers for their new Appraisal Direct system, which aimed to cut out appraisal management companies as middlemen. Through repeated emails, they urged appraisers &#8211; both current and former, alive or deceased &#8211; to partner directly with UWM through ANOW. Despite claims that this system would benefit appraisers by providing higher fees and faster payments, the reality did not match the hype. Fees offered by UWM through ANOW were well&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-amcs-violating-tila-and-customary-and-reasonable-fee-clauses/"     class="crp_link post-30287"><span class="crp_title">AMCs Violating TILA and C&R Fee Clauses</span></a><span class="crp_excerpt"> Fellow Appraisers, the appraisal industry has been facing a major issue with AMCs violating the Truth in Lending Act (TILA)&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal-management-companies-take-a-sizable-cut-of-the-appraisal-fee"     class="crp_link post-27821"><span class="crp_title">AMCs Take a Sizable Cut of the Appraisal Fee</span></a><span class="crp_excerpt"> It still proves my point: Appraisal Management Companies take a sizable Cut of the appraisal fee... It was March 28th,&hellip;</span></li>
<li><a href="https://appraisersblogs.com/the-appraisal-fee-lawsuit-amcs-cannot-outrun/"     class="crp_link post-33534"><span class="crp_title">The Appraisal Fee Lawsuit AMCs Can't Outrun</span></a><span class="crp_excerpt"> The class action lawsuit filed against CrossCountry Mortgage and Class Valuation arrives at a moment when many in the appraisal&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/united-wholesale-mortgage-underwriters-subsidized-by-appraisers/">UWM Underwriters Subsidized by Appraisers</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
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