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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Struggling N.J. city misses out on foreclosure revenue

HousingWire Staff
A cash-strapped city in New Jersey failed to collect thousands of dollars in revenue from foreclosure cases. The reason? The city laid off real estate staff workers, hindering its ability to collect dollars owed to the municipality.
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