When [artist id="502642"]Eminem[/artist] co-signs you, expectations will run high. With the ink dry on their [article id="1655811"]Shady Records contract, hip-hop supergroup Slaughterhouse[/article] are hard at work on their first LP to be released via Em's label. On Wednesday, Royce da 5'9", Joe Budden, Joell Ortiz and Crooked I appeared on "RapFix Live" and talked to Sway about the progress of their as-yet-untitled album.

"It's not an urban legend, though, this is happening. This is really taking place," Joe Budden told Sway from the set of [article id="1664184"]Bad Meets Evil's "Fast Lane"[/article] video in Detroit.

In 2009, Slaughterhouse released their self-titled debut on indie label E1 Music. The LP was recorded in a rush and still was met with critical acclaim. Now that the collective is in a major-label setting, the expectations are higher -- a notion not lost on the group. "We're just getting started, we're not gonna rush it," said Royce. "We were behind the eight ball with the last album -- we had to get it done in six days. Just having the opportunity where time is not an issue, budget is not an issue -- we just gonna go in there and knock it out."

Having Eminem's guidance is also a plus. "I run everything by him, just 'cause I trust his ear. And he has OCD, so I know he'll nitpick my song apart," Royce told Sway. "So even with my solo stuff, anything I do, I try to run by him. So he is kinda like our A&R I guess."

The chemistry between the quartet's members seems to be intact. Even when the rest of Slaughterhouse are giving Budden a ribbing for his controversial song leak "Ordinary Love Sh-- Pt. 3," there are no hard feelings. "They unconditionally love me, these guys. I don't care what they say," Budden said.

As far as when the new album will release, the group is hoping for a fourth-quarter drop. "If I had a wish list, I would love somewhere around Christmas," Royce said, with all of his bandmates in agreement.

Who is your favorite Slaughterhouse lyricist? Tell us in the comments!