AMC Archives - Page 5 of 6

10 Tips to Save Money on Appraisals

February 28, 2017

With mortgage rates rising and loan volumes likely to decline as a result, it's more important than ever to find ways to lower your cost per loan and squeeze out inefficiencies across the mortgage and home equity loan process. To... Read more

Reasons to Love Your Appraisal Management Company

February 14, 2017

It’s Valentine’s Day – how many reasons can you think of to love your appraisal management company (AMC)? We all know that some appraisers and lenders dislike AMCs. Why? Many people view AMCs as an expensive intermediary, simply in existence due to... Read more

Can appraisals shield lenders from buybacks?

November 15, 2016

They can if the appraisal conforms to criteria recently outlined by Fannie Mae. Beginning December 10, 2016, lenders using Fannie Mae’s Collateral Underwriter® (CU™) tool will receive representation and warranty relief for the appraised value on properties with qualifying scores of 2.5 or... Read more

Why consider real estate appraisal outsourcing?

September 3, 2015

Many real estate lenders and mortgage servicers are still managing their own appraisal management function. As a result, adhering to regulatory compliance requirements has become a significant and expensive burden for these firms. In addition, the complexity of maintaining compliance is putting many firms in the risky position of being non-compliant. In fact, 75% of... Read more

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