Ever wondered how AMCs began, and where they’re headed next?
In this special episode of the HousingWire Daily Podcast, Editor in Chief Sarah Wheeler sits down with Andrew Bough, Chief Operating Officer at Class Valuation, to explore how the role of appraisal management companies (AMCs) has evolved—and what that evolution means for lenders, appraisers, and the future of valuation.
Born out of the 2008 housing crisis, AMCs were created to bring greater independence and oversight to the appraisal process. But as the industry has matured, so has the role of the AMC. Today, Class Valuation is leading the next chapter, driven by technology, modernization, and a deep commitment to service.
In this episode, you’ll learn:
- How AMC's have evolved since their creation after 2008
- What sets Class Valuation apart from traditional AMC models
- The biggest misconceptions about AMCs—and how Class is redefining the narrative
- How data, automation, and modernization are reshaping valuation
Listen to the conversation below to learn how AMC's have evolved from compliance-driven oversight to a force for innovation and partnership.