Items Tagged with 'AMC'

ARTICLES

  • CoesterVMS adds former Dell executive as chief financial officer

    Jotheeiswary Vijayantheran joins appraisal management company
    CoesterVMS, a national appraisal management company, announced this week that it added Jotheeiswary Vijayantheran as the company’s new chief financial officer. Vijayantheran joins CoesterVMS from Dell Australia, where she was financial controller.
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  • Consolidated Analytics buys PCA Appraisal Management

    Merger of appraisal management companies
    In a deal between two appraisal management companies, Consolidated Analytics, an appraisal management company and mortgage advisory firm, announced this week that it acquired PCA Appraisal Management, which provides real estate appraisal services. Here are the details.
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  • Who owns the data relating to an appraisal?

    The appraiser, the AMC or the homeowner?
    [Commentary] Being part of a webinar panel for HousingWire recently the discussion revolved around AMCs, fees and eventually technology. Some cogent questions were raised about who owns the data relating to an appraisal as well as how technology will change the industry. In my personal opinion and this is varied, the data belongs to the client.
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  • AMC joins forces with lender member network

    Pendo to offer services to 112-member network
    An appraisal management company joined forces with a member network of about 112 lenders. Pendo explained the partnership will allow members to save money and take advantage of the company’s AMC services.
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  • FTC warns North Carolina that new appraisal fee rules could violate federal laws

    North Carolina currently considering establishing set fees for appraisals
    For the second time in the last two months, the Federal Trade Commission is accusing a state of pursuing appraisal fee laws that could restrict price competition and violate federal antitrust laws. At the end of May, the FTC filed a complaint against the Louisiana Real Estate Appraisal Board, accusing the group of “unreasonably restraining price competition for appraisal services in Louisiana.” Now, North Carolina is in the FTC’s crosshairs.
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  • Louisiana Real Estate Appraisal Board fights back against FTC price-fixing allegations

    “Categorically and vociferously” denies the FTC allegations
    Last month, the Federal Trade Commission filed a complaint against the Louisiana Real Estate Appraisal Board, accusing the regulatory body that oversees property appraisals in the state of stifling price competition by requiring appraisal management companies to follow the state’s established polices for the fees that AMCs pay to appraisers. Now, the board is fighting back.
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  • FTC accuses Louisiana Real Estate Appraisal Board of violating federal law with fee rules

    Alleges that rules on “customary and reasonable” appraisal fees stifle competition
    The rules established by the Louisiana Real Estate Appraisal Board, the regulatory body that oversees property appraisals in the state, violate federal antitrust laws and stifle competition for appraisal services due to strict requirements to adhere to a “customary and reasonable” appraisal fee schedule, according to the Federal Trade Commission.
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  • Mercury Network acquiring Appraisal Scope

    Deal combines two valuation management software platforms
    Last year, Mercury Network, an appraisal management system, announced plans to expand by acquiring Platinum Data Solutions, a QC technology company. And it turns out that the company is not done growing, as the company announced this week that it is acquiring Appraisal Scope, a provider of valuation management software.
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