PAM appraisal platform targets AMC fees, seeks to give lenders more control
PAM says lenders can manage appraisals in-house, cut fees by 25% to 40%, and pay a $99 per-order charge instead of AMC markups.
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Atlas VMS acquires appraisal order management platform
Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs).
Former executive sues Appraisal Institute, alleging wrongful termination
A former Appraisal Institute executive is suing after she was allegedly fired for pushing back against incorrect exam results.
Win some, lose some: Appraisers wrestle with the CFPB’s dismantling
Appraisers have mixed feelings about the status of the Consumer Financial Protection Bureau. They welcome the end of the PAVE Task Force, but a potential closure means the agency won’t issue final rules in a fight against appraisal management companies.