No insight on comp, but genuine good luck with the role. Tough time for the industry right now, especially on the appraisal side. Prob won’t feel it as much inside the bank, other than volume declines and revaluations, but for AMCs it’s a bloodbath right now.
On which point? The fact mortgage volumes are declining, there’s substitutes being introduced by some of the largest users of appraisal products, or fees are being compressed because of increased competition in an increasingly commoditized and digitized market?
No insight on comp, but genuine good luck with the role. Tough time for the industry right now, especially on the appraisal side. Prob won’t feel it as much inside the bank, other than volume declines and revaluations, but for AMCs it’s a bloodbath right now.
On which point? The fact mortgage volumes are declining, there’s substitutes being introduced by some of the largest users of appraisal products, or fees are being compressed because of increased competition in an increasingly commoditized and digitized market?