Bill Addresses AMC Appraisal Costs

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MORTGAGE EXPERT
7 · 19 · 10

The Home Valuation Code of Conduct has pushed the share of appraisals handled by appraisal management companies to more than half from less than 10 percent and, in the process, pushed the cost of the reports up by as much as half. But federal legislation passed last week addresses appraisal costs as well as other appraisal quality issues.

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