In the Matter of CoreLogic, Inc., a corporation, File No. 131 0199 #00138

Submission Number:
00138
Commenter:
Larry Rhyder
State:
North Carolina
Initiative Name:
In the Matter of CoreLogic, Inc., a corporation, File No. 131 0199
Dear FTC, I have been a licensed appraiser in the states of North Carolina and Virginia since 2005. During the past few years I have watched as CoreLogic gradually acquires what I believe to be a monopoly of companies that influence or control the real estate and real estate appraisal business. They have purchased Marshall & Swift, a cost estimator and now could possible influence appraisal values through the cost approach. Just this past week they purchased the software company Alamode; whom I use to complete appraisal work. They have purchased several AMC management companies in; what I believe, to be an attempt to manipulate the appraisal process. All of this deeply concerns me as it should concern you too. I see this whole process as a trend to control and monopolize the industry. Thanks, Larry G Rhyder