Remove ftc-three-enforcement-actions-and-ruling
article thumbnail

Comment on Fighting for Consumer Protection & the Appraisal Industry by Baggins

Appraisers Blog

The persons whom wrote Dodd Frank included the C&R billing rule specifically for amc’s, with a $10k/$20k recurring daily fine provision, which was specifically meant to stop the expansion of the amc industry, to stop those companies from pilfering the appraisers fees and defrauding consumers in the process.