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

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Placed on “Rating Watch Negative”
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Servicing / The Ticker

Foreclosure victims become new homebuyers

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"It's an interesting phenomenon because three or four years ago these people were losing their homes. Now they're out shopping for a new home. It wasn't swift and sweeping legislation that did it, simply a matter of perseverance. These folks waited three years and now they can buy again," says Chris Apodaca, a California mortgage banker.

 
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