Appraisal Management FAQs
Have questions about the appraisal management process? We’re here to help. Below are answers to frequently asked questions about MVS, industry acronyms and the appraisal management process.
Appraisal management companies (AMC) streamline the appraisal management process for banks, credit unions and other lenders, handling administrative responsibilities, compliance, vendor management and hiring appraisers.
The Home Valuation Code of Conduct (HVCC) is a set of federal regulations released by the Federal Housing Finance Agency (FHFA). It prohibits mortgage brokers and real estate agents from directly hiring, paying or contacting appraisers and allows only lenders or third-party companies, such as AMCs, to contract, communicate with and pay appraisers. Learn more >
MVS has technology integrations for Encompass 360, Mercury Network, Black Knight, UCDP, FHA | EAD, Authorize.net, CoreLogic and more. Learn more >