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Loan Origination Entities/Banks Should NOT Own AMC's

By
Real Estate Agent with Better Homes & Gardens Premier VA 0225101026

With the dawning of HVCC, the consumer now pays more for appraisals, the appraisers get paid less and the AMC middle men are turning a pretty  profit.  While I realize there may be a need for some type of  AMC model,  I wonder why we even need to petition for something as obvious as this.  Banks & their subsidiaries should not have any ownership in appraisal management companies.  If you agree, sign the petition:  http://www.naihp.org/