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Hello,
I am hoping to hear from my fellow Credit Unions (those in the $1B+ asset size) on my question below.
We are a credit union using AMC's that manage relationships with smaller appraisers for us. We have about 4 AMC's who in turn are managing many many smaller appraisers. We would like to hear from someone else in our industry, of a similar asset size, what kind of due diligence they are performing on their AMC's.
Please include your industry and approximate size for our reference if possible.
Thank you!