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Understanding the Role of an Appraisal Management Company

AmeriMac

MARCH 15, 2024

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.

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What Does an Appraisal Management Company (AMC) Do?

AmeriMac

SEPTEMBER 1, 2021

A Brief History of the Development and Use of Appraisal Management Companies. However, they were not widely used until after the mortgage crisis in 2007 and 2008. When a lender hires an AMC, it takes the lead on getting an appraiser lined up and delivering a report to the lender. AMCs as a concept were developed in the 1970s.

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Appraisal Valuation Law Lending 36
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