Does the mortgage industry still need Appraisal Management Companies?

Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”
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The Ticker

Yet another indicator of the housing recovery

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Roughly 100,000 more borrowers hit positive equity during the third quarter of 2012, bringing the number of borrowers who have resurfaced out of negative equity to 1.4 million borrowers, according to CoreLogic.

Source: Fox Business
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