AMCO, Appraiser Guild Form Alliance

AMCO, a Cleveland-based appraisal management company, has formed an alliance with the American Guild of Appraisers to advance the interests of independent appraisers "while promoting safety and soundness in collateral valuations for mortgage lending."AMCO said the alliance hopes to improve the political representation of appraisers at all levels of government, provide professional training and education, and promote a national appraiser certification program. AMCO will promote Guild membership and activities among its network of 11,000 independent appraisers nationwide. The AGA is a professional association affiliated with the AFL-CIO and the Office and Professional Employees International Union. "We intend to bring stronger advocacy to appraisers' concerns that are currently inadequately represented," said William Sentner, national president of the AGA. "By working with AMCO, we hope to reach out to those whose work is the foundation for sound residential lending."