Remove 2009 Remove Appraisal Process Remove Development Remove Loan Officers
article thumbnail

Understanding the Role of an Appraisal Management Company

AmeriMac

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

article thumbnail

What Does an Appraisal Management Company (AMC) Do?

AmeriMac

Interestingly, however, the lender cannot choose the specific appraiser—which is why finding the right AMC is so important. A Brief History of the Development and Use of Appraisal Management Companies. AMCs as a concept were developed in the 1970s.