A company that acts as an intermediary between a lender and an appraiser is a(n)

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A company that acts as an intermediary between a lender and an appraiser is specifically referred to as an appraisal management company. This type of company plays a crucial role in the real estate transaction process by managing the appraisal process on behalf of lenders. They help ensure that appraisals are conducted by qualified appraisers while also maintaining compliance with regulations that govern the appraisal industry.

Appraisal management companies streamline communication between lenders and appraisers, which can enhance efficiency and help prevent potential conflicts of interest. They are often tasked with selecting appraisers, managing the assignment, and ensuring the timely completion of appraisals, therefore serving an essential function in lending practices.

The other options do not accurately describe this intermediary role. A full service appraisal company typically performs appraisals directly rather than managing appraisers for lenders. A real estate brokerage company focuses on facilitating real estate transactions and does not specialize in managing appraisals. An appraisal evaluation company may provide opinions on property values but does not fulfill the intermediary function between lenders and appraisers that an appraisal management company does.

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