AMCs Violating TILA and C&R Fee Clauses
Appraiserblogs
FEBRUARY 1, 2024
Fellow Appraisers, the appraisal industry has been facing a major issue with AMCs violating the Truth in Lending Act (TILA) and the Customary and Reasonable fee clauses. This has not only caused harm to consumers but also to appraisers who are struggling to make a living.
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