Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
 
Board
Real Estate Appraiser Board
 
chapter
Appraisal Management Company Regulations [18 VAC 130 ‑ 30]
Action Initial Appraisal Management Company Regulations
Stage Proposed
Comment Period Ended on 3/28/2014
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3/25/14  7:51 am
Commenter: Michael A Ballard, Sinnen-Green & Associates

AMC regulation
 

The AMCs of today are beginning to push the boundaries of what is ethical. Just as our government has a system of checks and balances in place in order to protect the overall system; I firmly believe AMCs need to be held in check and not be allowed to "run wild". With the limited amount of regulation in place now that is precisely what has transpired. The system is corrupt and needs to be given a make over. It may not be an easy journey; however, all change must start somewhere and I believe this is a great first step. I applaud the actions of those who speak up against the unjust and fight for what is right.

Best,

MAB

CommentID: 31492