Part 2: AMCO's Board Adds Kemp

Royse, Matthew
January 2005
Mortgage Banking;Jan2005, Vol. 65 Issue 4, p120
The article reports that on October 11, 2004, former U.S. Department of Housing and Urban Development (HUD) Secretary Jack F. Kemp joined Cleveland-based AMCO Corp.'s board of directors as its newest member. AMCO, an independent valuations solutions company, beefed up its board of directors creating a star-studded board that includes another former HUD secretary, Andrew M. Cuomo, in addition to former HUD official William C. Apgar and Kemp. One of the important issues Kemp and the board will face is the increasing importance of accurate appraisals as lenders go deeper into the subprime market.


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