Brews & Appraisal Views
In this episode of Brews & Appraisal Views, Dan sits down with Miami trial attorney Alec Schultz, partner at Hilgers PLLC, to unpack a class action lawsuit targeting several AMCs and United Wholesale Mortgage. The conversation dives into allegations that appraisal management companies are collecting large portions of consumer appraisal fees while paying appraisers a fraction, often without clear disclosure to borrowers. Alec explains how the lawsuit argues violations of state consumer protection laws, negligent misrepresentation, and broader compliance issues tied to post-Dodd-Frank Wall Street Reform and Consumer Protection Act regulations. Dan brings the boots-on-the-ground perspective, sharing how fee compression affects quality, appraiser selection, and ultimately the consumer. It is a candid discussion about transparency, accountability, and whether this case could reshape the AMC model nationwide.
25 Folgen
Kommentare
0Sei die erste Person, die kommentiert
Melde dich jetzt an und werde Teil der Brews & Appraisal Views-Community!