As an AMC, you are responsible to ensure your lender clients maintain compliance with federal laws, rules, regulations and guidelines to which lenders are held accountable by their federal regulators.
One of the greatest risks you, as an AMC, face is the possibility that one of your staff members unintentionally violates Appraiser Independence Requirements through verbal or written communication. Valuation Compliance Resource can provide customized training (in-person or on-line) to all groups of employees on your staff involved in the appraisal management service process.
Some State AMC registration laws require AMC employees to take a class in the Uniform Standards of Professional Appraisal Practice (USPAP) while others require specified training in appraisal principles, USPAP and/or state laws/rules (regulations). Bob Keith is an AQB Certified USPAP Instructor, experienced appraisal educator, appraiser professional, and former appraiser regulator who is uniquely qualified to provide AMC employee training/education on any level.