So… Any loan closed using a fraudulent appraisal would be a fraudulent loan! Thus… EVERY loan made using fraudulent appraisals are subject to “buy back” protocol. And… All should be investigated.

The trainees, supervisory appraisers, and AMCs are ALL guilty of fraud and should ALL be prosecuted, fined, and jailed!!!

That’s how you stop this crap!

1. Corelogic has even more products. PDC and traditional home inspector focus.

https://propertyvision.alamode.com/
https://www.workingre.com/wp-content/uploads/2026/03/SE-HI-Property-Vision-3-10-26.html

Corelogic is a shark that way. Appraiser based alamode subscriptions continually decrease. Ramp up the Mercury network fees, accommodate pdc’s through the Mercury system, provide a pdc application that may also be used by traditional home inspectors on the back end. All in one app, get the order and get paid via Stripe. They borrowed UWM’s approach.

2. HUD is now selling notes for defaulted borrowers directly to investment corporations as well, like fannie does. Ramped up the scale of the note sale program significantly and recently. Might be stopped by the potus executive order on housing sales from the government. All about the upcoming treasurer definitions which have not been published and are past the thirty day deadline. Enforcement comes at sixty days, supposedly. Another substantial portion of working opportunities for small business sole proprietors, appraiser, and realty licensees just vanished in an instant.

As usual, consumers and regular citizens will be the most harmed. Artificially high pricing for everyone, forever. When you do not have defaults and occasional discounts which regular people can make a purchase opportunity regarding, you do not have honest price discovery through a substantial portion of any given market.

The corporations buying residential property directly from the federal agencies are not subjected to the same market conditions that regular individual home owners and mortgage borrowers are. Yet they are gifted first purchase opportunity at firesale pricing for assembled portfolios of thousands of residential properties at a time in a single transaction. They processes these categorically and geographically. Whenever a sale of this nature occurs, a portion of a specific local community suddenly has a new corporate property owner whom holds thousands of residential units overnight, whom may not have owned a single one the day before. And every 1099 working that market segment goes from full time working to having no work, equivalent to losing the largest volume client available. These practices destroy small businesses as well as putting consumers against the wall. Scofflaw agencies rings true again.

https://www.whitehouse.gov/presidential-actions/2026/01/stopping-wall-street-from-competing-with-main-street-homebuyers/

Cleaning out old emails. Keep finding these wonderful amc communication gems.

This is where you should enter a complaint through the asc, so that the twins can’t just shuffle away the complaint and ignore the issue. Please do complain again, this is a big deal and they should not be operating this way. Additionally, a complaint should be entered on the state level as well.

Everyone knows this kind of thing is happening and is a staple of the amc industry. Send the information to the ARCC and FHFA OIG attention Bill Pulte as well. Admin, this is article worthy please look into this.

https://refermyappraisalcomplaint.asc.gov/

https://www.fhfaoig.gov/ReportFraud

https://arcc-usa.org/

EJ. Specifically what state are you referring to regarding Solidifi’s practice?

The State boards are only interested in collecting fees either through licensing, threats, extortion or law suits.

Thanks. One day an interested lawyer will have their artificial intelligence bot crawl this website and it will be game on.

Market corrections are here and value shopping orders with appraisers is back in full force. Foreclosures continue on the horizon. Give the people a few cycles of going through loan restructuring, many of them simply give the keys back instead.

The fnma whole lending reo disposition program is no longer functioning quite as well as anticipated, they’re losing pace with artificial market highs, some market segments have already begun crashing. Fannie just issued proprietary handling access for the reo desk to a half dozen or less amc’s. The amc will railroad borrowers into an upside loan to assure origination commissions. Then that same amc will be there through restructuring, then eventual notice of election and demand, repossess the property, handle the asset management, liquidate it, file collections in the end.

The state appraisal board will somehow magically provide effective oversight over all this other activity. Because the companies label themselves ‘appraisal management’. Amc’s send everything possible to non appraisers, helps avoid oversight and accountability. A poster on reddit recently commented they signed up for the PDC program to be an inspector, but when the major amc found out they were licensed, they were immediately removed from the panel. My sales agent friends are getting basically all the work that appraisers used to enjoy, drive by, construction completion, PIR, no value forms, etc, all send through amc’s.

Sales agents just see the work, most do not understand they’re also provided additional liability protections, because the sales licensing board defers any claim against amc related activity to the appraisal board. Where the appraisal board summarily dismisses every complaint unless there is an individually named licensed appraiser involved. Amc companies have created restriction of trade conditions, forcing an involuntary reduction of tens o thousands of individual small businesses and fewer appraiser licensees. FNMA sanctions this conduct. Apparently so does FHFA, the comptroller, and the DOJ, none of them did a single thing about any of this.

Well put Baggins.

Will the situation ever improve? Nope; it will just shape-shift into new ways of committing evil.

Appraisal modernization. Separation from loan production. Appraisal independence.
Well that’s where all the work went. We didn’t pay. We didn’t get upstream of the free market for proprietary access. We were unwilling to commit various forms of fraud, and entice others to commit fraud as well. We were subsequently no longer ‘preferred appraisers’ on amc panels. ‘The appraisal management industry.’ This is why amc’s use grading and tiered ranking, as a cover for preferential assignment trends.

Wow, it’s a really good thing amc’s have one of their own on the state appraisal board. The state appraisal board does not have jurisdiction across state lines. The board is not equipped, funded, staffed, or have necessary resources to pursue competent investigations into these matters. Lucky breaks for the amc’s again.

Do you think maybe the entire amc industry knows this and has in unison developed a culture and business model to take advantage of the lack of effective regulatory oversight? Nobody will lose their license. Except maybe a few of the jr appraisers they tricked into doing this. FNMA knows this is happening at scale. They gifted the major amc companies the PDC program to provide an air of legitimacy to the process of using unlicensed inspectors. Activity that previously was clearly defined in form and guidelines as prohibited practice. Enter new forms which incorporate the process.

The CU data has the ability to indicate the imbalance in completed appraisal volume in relation to appraisers individual signatures, identify who’s doing this and who is not. Identify if this activity comes primarily from the amc industry or not. Amc’s appear to have more authority and influence over the twins than fhfa at this point. Good thing amc’s only deal with state based oversight, it’s amazing how far they’ve came. It only cost the destruction of approximately fifty to seventy thousand independent appraisers and their small businesses whom made their primary living in mortgage lending. Checks and balances. Consumer protection. Small business growth. Integrity of licensing programs. Who needs it?

https://www.law.cornell.edu/wex/antitrust

This is the same company that was online trying to sell appraisers on the fact that if you paid a fee to them they could get you on all amc lists and get work. lol.

Let us know when you have aproduct! Best of luck!

I’m building appraisal software right now. The tools appraisers use every day — sketchers, form-fillers, comp analysis — have been sold as per-user licenses for decades. That cost either comes out of the appraiser’s pocket directly or gets baked into platform fees that trickle down exactly the way this article describes.

It doesn’t have to work that way. The per-user licensing model exists because it’s profitable for the vendor, not because it’s the only way to deliver software. When your tools are included instead of itemized, there’s one less line item for someone upstream to pass along.

None of that fixes the portal fee problem you’re all dealing with. That’s a leverage issue, not a technology issue. But it’s worth pointing out that not every cost in this chain is inevitable — some of them exist because nobody’s bothered to build the alternative.

https://georgia.gov/contacts/real-estate-commission-appraisers-board-contact
https://refermyappraisalcomplaint.asc.gov/state/ga
https://grec.state.ga.us/wp-content/uploads/pdfs/RealEstate/GRECRequestForInvestigation.pdf

These problems are happening at scale on a national basis and we all know it. All any state would have to do is tap into the order streams, talk to home owners, and they could all catch tens of thousands of people pretending to be appraisers in the act. Fannie and Freddie know it’s happening at scale too. Which is why they came up with the pdc program to provide some cover.

Over ten years ago when I refinanced with my credit union, whom used streetlinks amc at the time, I had a non licensed runner show up ready to inspect. When talking to my mortgage person I Had insisted on a non amc appraiser or to even force the amc to pay the appraiser a C&R fee, all requests denied. Consumers can not move every last banking, lending, and insurance interest when they become tied up this way, in order to get an honest appraiser or have a choice regarding the appraisal at all. The CG appraiser the amc company assigned, I spoke with over the phone must have made an emergency phone call, his person left and then he came over. At the time I was reluctant and intimidated to do anything about this even though I knew. The lady drove away without ever knocking but she was obviously here to do appraisal inspections, camera, clip board, measuring tape.

How is a home owner supposed to go against a licensed appraiser, and their own lender to mitigate any of this? Fannies policies have done a complete 180 degree. You can still find never ending guidance and faq’s from a decade or more prior which clearly describe why it’s important for only licensed appraisers to do the inspections. Blind leading the stupid, now with confusing new uad 3.6 forms meant to shuttle in the amc’s dream of a one size fit’s all fee model, better liability deflection in the courts, and even fewer appraisers.

Xcel energy is threatening to shut off my home electricity if I don’t accept their new smart meter. Which on top of the health damaging emf fields and dirty electricity these devices flood homes with, consumers report severe over billing with both ‘non communicating’ (which is a lie) and smart meters. People in droves complain online about doubling and tripling energy use bills. People whom install additional third party usage load meters they own, installed immediately downstream of the meters, have proven these things rack up usage data for energy that’s not actually being used. They can be confused by the thousands of different bulb choices, dimmer switches, low voltage items, vampire drain items. As far as these new meters are concerned, full use jack up the bill. I’ve fought this for over a decade and they’re sending the migrant thugs over to shut off our power if we do not comply. The public utility commission is of course on the take and sides with Xcell literally 100% of the time, always. We’ve ran out of options. They are successfully using coercion and force deceptive trade practices, repeating lies, to get their way. We know they’re lying. They know we know they’re lying. They continue to lie to us anyways.

If you live in a state with real opt outs back to mechanical analog meters, you should take that. Half the people in this country are denied these basic choices. Just like how 100% or more of all mortgage borrowers flowing through GSE’s don’t have a choice either. Here is your new appraiser. You can’t have the last person you trusted in your home, whom spent hours talking to you, provided a reliable report, was honest about their fee, showed you their credentials. No you can’t have that servicer again. Denied.

That’s the state of all too many industries these days, took all the choice and power away from the citizenry. There is no oversight in centralized systems where people have no choice, no real opt outs. They do what they want with impunity. The only thing we can ever do is get an individual in trouble, whom is summarily replaced with the next person in line to do the exact same thing. These are the kinds of things that happen when there is no more free market choices, no real checks and balances; limitless corruption and ever expanding abuses of the process. If consumers are being exploited, of course the laborers will be exploited as well. That’s how these things work.

That’s awesome. Now supposedly ‘independent’ workers are being asked to train the amc’s employee people to be appraisers. That’s even better than the amc’s whom provide appraisers typing services to type up their reports for them. Of course state boards can do nothing about it, because amc’s are corporations not individually licensed persons.

Is anyone ever going to challenge this with the easy to use IRS tools?
https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee

Then another appraiser points out that the whole setup sounds exactly like Waterstone Valuation Group, the same crew that owns Red Door AMC & conveniently funnels lender work straight into their own appraisal mill in GA. Totally normal, right? Just your everyday conflict carnival.

And let’s not pretend the trainee was some confused newborn deer. In what profession, what country, what functioning society is impersonating someone else considered “part of the learning process.” You don’t accidentally show up at properties under someone else’s license. You don’t accidentally complete work you’re not authorized to touch. That wasn’t confusion, it was him actively playing along.

The supervisors & mentors were the real overachievers in unethical behavior. This is the AMC business model in its purest form: crank volume, bury supervision, slap a “training” sticker on it, & hope nobody notices the smell. And when someone finally does? The trainee evaporates because he suddenly remembers that fraud is still illegal.

This is the model AMCs defend, & the public trust is circling the drain because of it.

You know, give it a minute. Feel bad for the poster. They totally took advantage of him. People do not deserve to be treated that way. Be he should have known, did more research, took the time. Honesty is the best policy, always. It’s the only policy. Honesty. I was reading his other content. He’s just a gamer guy with a young family and was trying to get something better going on in life. Let’s hope he does turn in the people whom ran that program, they deserve to lose their licenses and he has a really good case if he wants to sue them, which he should. I kind of feel bad I even posted in that thread. The guy deleted his reddit account. This industry. What a mess. Lost another one.

https://www.reddit.com/r/appraisal/comments/1qr7884/experiences_in_the_parea_program/

I agree 100%. That said, with the aggregious fees AMC’s charge, appraisers are being offered fees similar to when I started in 2002. I only deal with a couple of AMCs directly because of this. An incoming appraiser can’t even cover his/her living expenses at $150 per appraisal these days. If that fee was doubled (where it should) he/she would get by and maybe even stay with the mentor/supervisor with a bigger fee split. If AMC’s are still not going to be subject to oversight, new blood will never get in. The appraisal profession will be dead. It appears that’s what the GSE’s would like to see anyway. I don’t think all these new things happened to the industry the past few years out of coincidence.