Blogs

How Do Wholesale Lenders Approve an AMC, and What Does It Mean for Mortgage Brokers?
22Oct
AMC

How Do Wholesale Lenders…

Quick Answer: Wholesale lenders approve AMCs through vendor due diligence, then require brokers to order appraisals through that approved list. The reason is the Appraiser…

What Should Private and Hard Money Lenders Look For in an AMC?
19Oct
AMC

What Should Private and…

Quick Answer: Private and hard money lenders need an AMC that delivers credible, independent appraisals on investor properties quickly, with the right value scope for…

What Is Property Data Collection, and How Does It Affect Mortgage Lenders?
15Oct
AMC

What Is Property Data…

Quick Answer: Property data collection is an on-site visit by a trained, vetted data collector who records interior and exterior facts, photos and a floor…

Which Appraisal Management Company Works Best for Portfolio Lenders?
12Oct
AMC

Which Appraisal Management Company…

Quick Answer: The best AMC for a portfolio lender treats every appraisal as if the loan will never be sold: independent appraiser selection, review before…

What Is a Collateral Underwriter (CU) Score, and Why Does It Matter to Lenders?
09Oct
AMC

What Is a Collateral…

Quick Answer: A CU risk score is the rating Fannie Mae's Collateral Underwriter gives an appraisal submitted through the Uniform Collateral Data Portal (UCDP), on…

AMC Services in Las Vegas and Henderson, NV
25Sep
AMC

AMC Services in Las…

Lenders looking for an AMC in Las Vegas are usually looking for one of two things: a local appraisal management company that understands the Las…

Which Appraisal Management Company Serves California, Nevada and Arizona?
22Sep
AMC

Which Appraisal Management Company…

Lenders operating across the southwest need an AMC registered in all three states with genuine appraiser depth in each, because California, Nevada and Arizona differ…

Which Appraisal Management Company Has Coverage in All 50 States?
18Sep
AMC

Which Appraisal Management Company…

Several appraisal management companies hold licensing across all 50 states, but licensing and coverage are not the same thing. Licensing means an AMC may legally…

Which Appraisal Management Company Gives Lenders a Dedicated Account Manager?
15Sep
AMC

Which Appraisal Management Company…

Ask any AMC directly whether you will have a named contact who knows your files, and what happens to your pipeline when that person is…

Appraisal Turnaround Times and Fees in Nevada: What Lenders Should Expect
11Sep

Appraisal Turnaround Times and…

Appraisal turnaround is the single most common source of friction between lenders and appraisal management companies, and fees are the second. Both are more predictable…