Intimidation....I Will Not Be Silenced

[chad hampton]

“Clear Capital hired internal appraisers primarily for quality-assurance tasks like reviewing appraisal reports”

I wonder why they didn’t hire them for staff back then?

 

[Surf Cat]

We were also responsible for what they call "panel management," where we train our network of appraisers on specific methods or how to evaluate certain property types.

Yeah, mortgage brokers were so much worse.... they didn't train me to come in at a higher value.... they just asked for it. A lot easier to say no back then and just find another broker.

 

[glenn walker]

Thousands in the financial services have been laid off and there are no jobs because there's no loan volume but they either declare themselves as independent fee appraisers or go change fields. Wells Cargo has emptied buildings and so have other money center banks.

The Chase Bank we use no longer has tellers. As far as laid of folk's and ex employees i don't pay much attention to their bashing their XX employers their pissed off and can't be objective or unbiased.

 

[Non Sequitur]

Back to the supposed reputational risk aspect of this, Solidif is taking a beating on the Internet. Appraisers are just sick and tired of AMC‘s. Here’s a Solidif fee split posted to Facebook today:

 

[djd09]

https://www.justice.gov/archives/opa/pr/justice-department-sues-rocket-mortgage-appraisal-management-company-and-appraiser-race

you always have that for a reference point...

 

[TC]

What a racket the AMCs are. Easy money.

 

[Non Sequitur]

A garbage bag spotted in a hallway at the AMC Expo in Vegas:

 

[djd09]

The Shadowy AMC Fees Draining Billions from Homebuyers​

The Appraisal Regulation Compliance Council (ARCC), co-founded by Josh Tucker, has meticulously collected evidence of this fee disparity, revealing instances where AMCs like Class Valuation, Clear Capital, Solidifi, and Nations Valuation Services have charged fees that match or exceed the appraiser’s compensation. In one striking example, an appraisal managed by Solidifi for a single-family home in California listed the appraiser’s fee as $375, while the AMC’s fee was a staggering $725. Estimates suggest that AMCs could have charged consumers approximately $12.3 billion over a five-year period, with Solidifi reporting margins of up to 28% after subtracting appraiser payments and other transaction costs. While AMCs argue that their fees are justified by the additional services they provide, such as quality control, a 2018 Federal Housing Finance Agency working paper found no clear evidence of systematic quality differences between AMC and non-AMC appraisals.

The Shadowy AMC Fees Draining Billions from Homebuyers

Regulators & industry stakeholders must act to ensure the appraisal process is transparent, fair, & serves the best interests of homebuyers.

appraisersblogs.com

proud partners of TAF...eh, frank?

 

[glenn walker]

The Shadowy AMC Fees Draining Billions from Homebuyers​

The Appraisal Regulation Compliance Council (ARCC), co-founded by Josh Tucker, has meticulously collected evidence of this fee disparity, revealing instances where AMCs like Class Valuation, Clear Capital, Solidifi, and Nations Valuation Services have charged fees that match or exceed the appraiser’s compensation. In one striking example, an appraisal managed by Solidifi for a single-family home in California listed the appraiser’s fee as $375, while the AMC’s fee was a staggering $725. Estimates suggest that AMCs could have charged consumers approximately $12.3 billion over a five-year period, with Solidifi reporting margins of up to 28% after subtracting appraiser payments and other transaction costs. While AMCs argue that their fees are justified by the additional services they provide, such as quality control, a 2018 Federal Housing Finance Agency working paper found no clear evidence of systematic quality differences between AMC and non-AMC appraisals.

The Shadowy AMC Fees Draining Billions from Homebuyers

Regulators & industry stakeholders must act to ensure the appraisal process is transparent, fair, & serves the best interests of homebuyers.

appraisersblogs.com

proud partners of TAF...eh, frank?

Dude that's almost 9 year old news..lmao)

 

[TerryRohrer]

Dude that's almost 9 year old news..lmao)

Impeccable math skills!

The Appraisal Regulation Compliance Council (ARCC) was officially launched and announced in August 2024.

Regulatory and Academic Briefing Memo​

January 13, 2026|AMCs, ARCC, CFPB, Class Action, Ethics, Law, Middlemen, Press Release, Research

To: Federal and State Financial Regulators; State Attorneys General; Housing Finance Policymakers
From: ARCC, Appraisal Regulation Compliance Council, Academic/Policy Analysis
Re: Regulatory Implications of Arnold v. Appraisal Nation, AMC Links, and United Wholesale Mortgage
Date: January 2026

Executive Summary​

The Arnold class action provides a fact-specific illustration of systemic appraisal fee opacity that directly aligns with concerns raised by the Consumer Financial Protection Bureau (CFPB) in its Request for Information (RFI) on mortgage fees and with ARCC’s formal submissions to the Bureau. The complaint demonstrates how appraisal management company (AMC) fee structures, when combined with lender-controlled valuation channels, can undermine fee transparency, distort competition, and implicate Equal Credit Opportunity Act (ECOA) and Regulation B protections governing “any aspect of a credit transaction.”