Choosing the right AMC for multi state lending operations can feel like a lot to sort through. Each area comes
A home appraisal typically takes 7-10 business days from order to delivery for a standard single-family residential property. The physical
Choosing an appraisal management company with nationwide coverage is not just about geography. Lenders need an AMC that performs consistently
Lenders need fast, reliable property appraisals to keep loans moving forward. But speed means nothing if the process is not
Mortgage lenders have a lot on their plate this time of year. It is February, winter is still holding on
Appraisal-related repurchase demands occur when investors or GSEs discover valuation defects after purchasing a loan, requiring the original lender to
When it comes to property valuation, lenders face more risk than most people realize. Things move fast during peak loan
Lenders have a lot riding on smooth, timely property valuations. With pressure from borrowers, underwriters, and closing agents, delays or
Appraisal independence is a federal regulatory requirement that prohibits parties with a financial interest in a mortgage transaction from influencing,
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…
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…
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…
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…
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…
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…
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 is the single most common source of friction between lenders and appraisal management companies, and fees are the second. Both are more predictable…
Choosing an appraisal vendor is a procurement decision that gets treated as an administrative one, and the cost of getting it wrong shows up as…
The right AMC for mixed-use is the one that correctly determines, before assigning, whether the property is a residential assignment or a commercial one. That…