期刊名称：European Journal of Business and Social Sciences
印刷版ISSN：2235-767X
出版年度：2015
卷号：3
期号：12
页码：58-67
出版社：European Society of Business and Social Sciences
摘要：The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) had an unanticipated effect on a portion of the mortgage industry. Mortgage Loan Originators (MLO) expressed their belief that the creation of the Appraisal Management Companies (AMC) process to oversee real estate appraisals has resulted in some negative consequences. Specifically, the real estate appraisals are more restrictive and thus more costly to the MLO and their customers. A sampling of selected MLOs demonstrates there is a significant impact to a mortgage loan officer’s mortgage loan production through use of an AMC impacting the mortgage loan process.
