Sentences with phrase «independent appraisal management company»
CHICAGO — The U.S. Attorney's Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions between themselves and nominees.
http://www.mortgagecompliancemagazine.com/
Brokers Allegedly Controlled Property Appraisals in Scheme to Defraud Lenders 12/14/2017 11:07 AM EST CHICAGO — The U.S. Attorney's Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions...
Not exact matches
The typical driving distance traveled by independent appraisers, according to a U.S. survey of that country's largest appraisal management companies (AMCs), averages 13 miles in urban and suburban areas, says the Title Appraisal Vendor Management Associatiomanagement companies (AMCs), averages 13 miles in urban and suburban areas, says the Title Appraisal Vendor Management AssociatioManagement Association (TAVMA).