Posts Tagged: lender

Tips for Working with an AMC

Posted by & filed under Blog.

Here are some helpful tips for working with any Appraisal Management Company. At VMG we try to make your experience as pleasant and smooth as possible. We have someone that answers all calls during operating hours. In addition, we have Client Specialists and Quality Assurance Reviewers dedicated to each client so you always know exactly… Read more »

New Rule Requires Lenders to Provide Free Copy of Appraisal

Posted by & filed under News.

On Friday, the Consumer Finance Protection Bureau announced they have amended ECOA, Regulation B. The revisions to Regulation B require creditors to provide applicants with free copies of home appraisals before closing, and require creditors to notify applicants in writing that copies of appraisals will be provided to them promptly. The rule will go into effect… Read more »