Here is an appraisal-related post on our other blog Matrix:
Finally, A Different Appraisal Pressure, And Thats A Good Thing that discusses the Cuomo lawsuit against eAppraisIT and what it may mean to mortgage lending.
Tags: Appraisal Management Companies, Soapbox Blog, Appraisal Pressure
Thanks for the article. It is time we all stood up to the Appraisal Management Companies such as E-Appraiseit and Quantrix. The want us to work for nothing and bow to their ridiculous turn times. From my talks with IRS and Social Security the contractor relationship is void if the Management Companies set the fee and the return date and they are subject to paying Social Security taxes. Does anyone have any more information on this? Is there some entity we can request investigation of these companies?