Appraiser News
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Originators say AMCs have hurt origination, appraisal businesses
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A new study contends that the proliferation of AMCs following the 2010 passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act has had detrimental effects on the appraisal business and hindered mortgage production overall. Keep reading to see why mortgage originators across the country are blaming AMCs for the “collateral damage” affecting appraisers.
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