Wednesday, July 24, 2013
A Different Kind Of Appraisal Management Company
We also understand the benefit of being connected with
the most experienced, most professional appraisers available. Many of the
national appraisal management companies are currently attempting to place
orders at approximately 30% below the industry standard fee appraisers are used
to receiving. Understandably, they are meeting resistance from
experienced appraisers. Our belief is that by paying a competitive fee,
we ensure that the best appraisers remain in the industry, and that the
appraisals you order will continue to be completed in the timely, high quality
manner you are used to, without substantially raising fees to the
borrower. This also ensures that the lender remains compliant with
the current initiative of 'Customary and Reasonable Fees', mentioned in Section
XIV of the Dodd-Frank Act.
Tuesday, July 23, 2013
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