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The AMC state registration experience
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Monday, February 18, 2013
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Conflict and costs. Talk to anyone in the industry about the appraisal management company (AMC) state registration issue and those are the two primary themes that bubble to surface. The conflicts are complicated and the costs are more than monetary. To date, legislatures in 34 states have enacted comprehensive AMC oversight and registration laws. Twenty-four states have also completed their rulemaking process, while 10 states are still making their way through the rulemaking process. The impact of the regulation issue is being felt by the appraisal industry across the country.
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