Compliance with the industry's new rules and regulations imparts collaboration, control, and confidence, ultimately reducing appraisal costs, risk, and fraud.
Appraisal reports are the sole indicator of value for collateral, securing the largest personal financial transaction most people will make in their lifetimes. In light of the mortgage downturn this country has faced over the past several years, it's no wonder appraisal reports have garnered so much scrutiny as of late. Lenders and regulators alike have begun to realize the magnitude of the role appraisals play in high credit quality, sensible mortgages.
Join Elizabeth Green, Principal Consultant with rel-e-vant Solutions, Lisa Binkley, Senior Vice President with Platinum Data Solutions, Alan Hummel, Senior Vice President and Chief Appraiser, Forsythe Appraisals, LLC, Tony Pistilli, Principle Consultant, Valuation Consulting, as they discuss this vital topic.