AMCs

Mortgage vendors face consolidation as compliance costs rise

Mortgage vendors are entering a new phase of consolidation as they respond to rising regulatory and cybersecurity pressures, according to a white paper released this week by investment banking firm Houlihan Lokey. Scale is also becoming a decisive advantage for companies that sell mortgage technology and services, a trend that follows a mergers-and-acquisition wave among […]

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PAM appraisal platform targets AMC fees, seeks to give lenders more control

A new appraisal management platform is aiming to upend the traditional role of appraisal management companies (AMCs) by allowing mortgage lenders to oversee the process internally while maintaining regulatory compliance. The platform, known as PAM, or Private Asset & Management Group LLC, is designed as a web-based system that enables lenders to manage appraisal workflows

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Atlas VMS acquires appraisal order management platform

Miami-based Atlas VMS on Wednesday announced the acquisition of appraisal order management platform AIM-Port. Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs). “The acquisition of this platform is a key component of Atlas’s broader mission to bring smarter, high-touch solutions to

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