appraisal management companies amcs: Validity Of Appraisal Management Companies (AMCs) Are Being Questioned
- 07/11/12 10:56 AM
The Validity Of Appraisal Management Companies (AMCs) Are Being Questioned. Congress seems to have taken an interest in the present appraisal process, especially as it relates to Appraisal Management Companies (AMCs). AMCs have taken on a bigger and bigger role since the creation of HVCC. In that short time AMC's grew from controlling 15 percent of the Appraisal Market to any where between 60 to 80 percent. That is a huge growth in such a short period of time, and along with the growth there have come several issues. AMC's defend there existence by claiming that they provide a buffer between Lenders and Appraisers, … (5 comments)
The Validity Of Appraisal Management Companies (AMCs) Are Being Questioned. Congress seems to have taken an interest in the present appraisal process, especially as it relates to Appraisal Management Companies (AMCs). AMCs have taken on a bigger and bigger role since the creation of HVCC. In that short time AMC's grew from controlling 15 percent of the Appraisal Market to any where between 60 to 80 percent. That is a huge growth in such a short period of time, and along with the growth there have come several issues.
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