Interview with an Appraiser:Measuring the Impact of HVCCI have written a few different articles pertaining to the lending environment and how big reforms in the appraisal industry have changed the game for investors (namely the HVCC regulations). Having shared my opinion from an investors perspective, I thought it would be beneficial to hear from an actual appraiser how these changes have affected their business and what they are seeing.I was fortunate enough to find a seasoned appraiser who … [Read more...]
Lenders Who Self Manage Appraisals And Dealing With Them
March 29, 2012 By Leave a Comment
Lenders Who Self Manage Appraisals And Dealing With ThemIt really started in 2009 with the new HVCC laws that went into effect to prevent abuses in the industry between lenders and appraisers. While the intention of the law was good, it definitely created a huge ripple in the housing and mortgage markets that has made the work of a real estate investor much more challenging. One of the effects of this legislation was the creation of a number of large AMCs (Appraisal Management Companies) which … [Read more...]
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