I am a certified residential appraiser with 25+ years of experience. Without a doubt the AMC's have brought down the appraisal industry with the non-legislative implementation of HVCC in May 2009 by Andrew Cuomo (NY State Atty General). As a result our business models were ripped out from us and our ability to perform as licensed professionals in our country's free enterprise system was severed. The consumers are paying more for appraisals due to the 'middle man' AMC's who bring minimal if any value to the appraisal process. The accelerated existence of AMC's have cost the consumer more with predominantly less quality. In the meantime the licensed appraisal professionals are leaving the industry due to the low AMC fees and quick turn times none of which nurture quality. Not only is it time to regulate the AMC, it's also time to give back the business models to the professional appraisers. The consumers and lending profession deserves to have this happen. We're losing so many of our professionals leaving behind the less experienced and less qualified appraiser. We're also losing professionals that have years of experience that few are passing along to those who want to enter the appraisal industry. The AMC's have clearly been a detriment to our appraisal industry with a significant trickle down effect on the consumers and overall lending industry. Not only should the AMC's be regulated - let's give the business models and free enterprise system back to our appraisal profession.