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![]() Countywide, Landsafe and KB Homes Named in Appraisal Scheme LawsuitsWhile appraisers are forced to work with appraisal management companies just to stay alive, there are some AMC's that we should be wary of. The current lawsuit filed against Countrywide, Landsafe, and KB Homes is a prime example of what appraisers should be staying away from. This article explains the lawsuit and how these mega-companies tried to manipulate the system using appraisers. ![]() Top 5 Reasons to Buy an Appraisal Management Company ListWhile some appraisers are still receiving jobs regardless of new HVCC regulations, this is the exception and not the rule. It has become necessary for most appraisers to sign up with appraisal management companies just to stay alive in today's market. While some of the larger AMC's can have major problems or drawbacks, there are hundreds of smaller AMC's that provide great customer service and are respectful to all parties involved. ![]() Signing Appraisal Management Company ContractsWith hundreds of appraisal management companies available vying for both appraisers and lenders, it has become necessary for them to create contracts that both protect and harm the appraiser who is forced to sign them. This article will explain the major concern in these contracts, indemnity clauses, and what appraisers can do to protect themselves. ![]() HVCC Frequently Asked Questions (FAQs)HVCC rules can be a bit confusing, especially when updates change the rules and the internet is inconsistent in its information. This articles will answer many of the questions appraisers have about appraisal management companies and the lenders who hire them.
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