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 Appraisal Subcommittee (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
Additional Information
Miscellaneous State Notifications
Ownership Organization Chart Example