Category Archives: Appraisal Management

The ABCs of AMCs

Ask just about anyone and they’ll likely tell you that buying a house is stressful. Certainly, it’s the largest single purchase most Americans make. In addition to the expense, the process requires a great deal of time, not to mention completing seemingly endless amounts of paperwork when applying for a mortgage and during closing. Because Read More

What to Look for in an Appraiser

Given that the appraisal is one of the most critical steps in the mortgage process, it stands to reason that the choice of an appraiser and an AMC is an important consideration for lenders. So, what should you look for when searching for an appraiser? Here are three factors to help you select more wisely. Read More

115th Congress Could Mean Regulation and Policy Changes for AMCs

With the Republican control of the House, Senate and White House, many observers expect significant federal legislative and regulatory changes. This could affect the entire real estate industry, including Appraisal Management Companies. While elements of the Dodd-Frank Act, a federal law resulting in tighter regulation of the financial industry, could be targeted by Republicans in Read More

3 Ways Working with a Nationally-Approved AMC Benefits You.

Working with a trusted, regional AMC with the capabilities of a national service can help make your appraisal management process more efficient and effective. A key factor in finding the right AMC is whether it is nationally approved by wholesalers. Whether you’re a wholesaler, retailer or correspondent, regional AMCs can provide appraisals without the hassles Read More

Beyond Compliance in the New Year.

With the seemingly constant stream of new regulations, clarifications and rules from the Office of the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB), Department of Housing and Urban Development (HUD), CFTC and numerous other agencies, laws and institutions, it’s important to stay up-to-date. The “Know Before You Owe” rule, TILA-RESPA Integrated Disclosure Read More

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