Appraisal Management Companies

Overview

An Appraisal Management Company is an entity that serves as an intermediary for, and provides certain services to, creditors. These minimum requirements apply to States that have elected to establish an appraiser certifying and licensing agency with authority to register and supervise AMCs (participating States). The Federal government requires the ASC to maintain an AMC National Registry, which will include AMCs that are either registered with, and subject to supervision by, a State appraiser certifying and licensing agency or are subsidiaries owned and controlled by a Federally regulated insured depository institution and regulated by a Federal financial institutions regulatory agency.

Rules/Laws

Iowa Law establishing AMCs

Iowa Administrative Code 187

AMC Final Rule

AMC Registry Fee Rule

Additional Information

AMC Surety Bond

Requirements for Registration

Miscellaneous State Notifications

AARO

AMC National Registry

Ownership Organization Chart Example

Licensing System Tutorials