Another AMC Shuts Down

By | August 20, 2019

Rob Chrisman Reports Appraiser Connections Closes it Doors.

“It is with great sadness that I must inform everyone that effective immediately Appraiser Connections is shutting down. All orders in the system will be complete, just no new orders. Retail loan officers will be given new user IDs for the new AMC that will be taking over and for Wholesale LOs, just make sure you select a different AMC. Thank you all very much for your years of support and business. Kathleen and I will miss you all very much.”

This is all the information we have at this time. VaCAP will keep you posted, but encourages everyone to watch their receivables.

 

Maxine Waters and The Appraisal Foundation Condemn the actions of the FDIC

 

The FDIC voted to increase the minimum threshold to $400,000 for residential appraisals, despite the overwhelming opposition. See  The Appraisal Foundations response below.

The FDIC also voted to reduce the protections under the Volcker  Rule. See Maxine Waters Public statement condemning their “senseless” actions here. 

 

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One thought on “Another AMC Shuts Down

  1. LaydeeTee

    Thanks for the heads up!! From what I can see, this AMC is only operating in Nevada & California. I know they are NOT registered to do business in NC.

    Reply

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