According to AppraiserNews.com, 60 minutes will be coming out with a report on two appraisal management companies in September, so keep your eyes peeled as more people become of the issues we appraisers face when dealing with Appraisal Management Companies.
In their investigative report they cover how and why they were created. Why appraisers dislike them and how the AMCs are eroding appraiser earnings and leading to inferior quality reports.
We look forward to this news piece to bring some light to the rest of the financial industry on how some AMCs are negatively influencing the profession.