
It is no secret that appraisers and appraisal management companies (AMCs) have a very confrontational relationship, and policies and regulations like HVCC and Dodd-Frank have obviously made things worse. Both parties are essential to the mortgage process, but are clearly at odds with each other. What’s ironic is that these two parties often depend on one-another for income and job security, yet they can rarely see eye-to-eye on several important issues—namely fees paid to appraisers. Like many issues that plague the industry, the resolution begins with communication.