Late last month, the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac published this “Working Paper” by their economists, Jessica Shui and Shriya Murthy. Here’s the short ...
Lately, appraisal management companies (AMCs) have been in the news. In fact, few people had heard of AMCs until recently. Perhaps that is because they are business-to-business entities, usually not ...
Much of the current day rhetoric about AMCs and "review appraisals" revolves around a contention that a "review of an appraisal report" and a "review appraisal" are one in the same thing. Comments in ...
Six federal regulators recently issued a final rule setting requirements for state registration and supervision of appraisal management companies (AMCs). AMCs are entities that contract with and ...
Dart Appraisal has announced that it has been named an approved Appraisal Management Company (AMC) by Ditech Financial LLC. Dart Appraisal will immediately begin providing residential valuation ...
On May 20, 2016, the Appraisal Subcommittee of the Federal Financial Institutions Examination Council (ASC) issued a proposed rule to implement collection and transmission of the appraisal management ...
The path to homeownership is lined with middlemen. Real-estate agents, mortgage brokers, attorneys — all help push a deal through and then claim a fee when the ink dries. Most buyers are aware of ...
The world’s population has grown to nearly 8 billion from roughly 2.5 billion in 1950. With this growth has come the demand for housing, especially in the United States, as 70+ million people in their ...
Since May 1 homebuyers who took out a mortgage (or those getting a refinance) have been subject to the now-infamous Home Valuation Code of Conduct (known as the HVCC). This code is not actually a law ...
If federal regulators are truly concerned about the quality and independence of home appraisals — a cornerstone of sound mortgage lending — why don’t they simply prohibit appraisers from learning the ...
ROSWELL, Ga.--(BUSINESS WIRE)--Triserv Appraisal Management Solutions (Triserv AMC) announces the immediate availability of enhanced appraisal quality control service with its Veros integration. The ...