AMC Links, an appraisal management company, announced its correspondent program, which is designed by appraisers for local and regional appraisal management companies, the company said in a press release.
In addition, the program helps adhere to compliance laws and Consumer Financial Protection Bureau regulations.
“We recognize the need for assisting local and regional appraisal management companies in fulfilling orders placed outside their normal service area,” said Austin Christensen, president of AMC Links. “The cost of appraisal management registration, surety bonds, appraisal review requirements, state corporate filings, registered agents, state taxes, etc., has made it too expensive for many appraisal management companies to operate in many states that are outside their normal service footprint. They need a way to maintain their client relationships, outsource the assignments and make money in the process.”Sponsor Content