13th June 2012

AppraiserLoft Fined almost $1 Million for paying AZ appraisers late

A now-defunct San Diego company that handled home appraisals across the nation failed to pay appraisers in Arizona at least 171 times within the past 18 months, a Phoenix judge recently concluded.

AppraiserLoft, the company in question, has been at the center of several non-payment and late-payment claims from appraisers, former employees and other parties, before and after it shuttered suddenly in October, according to public records.

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