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Appraisal Compliance Key to New Offerings

Recent appraisal service enhancements

Feb. 20, 2012

By SAM GARCIA Mortgage Daily


portrait of Sam Garcia

A spectrum of new appraisal services has recently hit the market, and the one common theme among the offerings is compliance. As the number of appraisal management companies seems to continually be increasing, many are enhancing their services with technology. Meanwhile, affordable alternatives to full appraisals that promise more than broker price opinions are springing up.

A recent news release from StreetLinks Lender Solutions indicated that it has launched StreetLinks Liquidation Value Report, a USPAP-compliant liquidation valuation report for mortgage servicers and asset management firms.

More than a million appraisal reports have been delivered through DataCourier since the Uniform Appraisal Dataset went into effect on Sept. 1, 2011, a la mode reported. The free service automatically checks for UAD compliance errors when an appraiser is ready to deliver a final report.


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Sam Garcia founded Mortgage Daily in 1998 and became its full-time publisher in 2000. Prior to his news career he worked in mortgage lending for two decades.

e-mail:
SamGarcia@MortgageDaily.com


Mortgage Compliance news | Mortgage Compliance Newsletter
News about complying with mortgage laws, rules and regulations.
www.allregsmortgage.com

Mortgage Technology news
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