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AppraiserGuide.com mission is to provide a fast and comprehensive nationwide real estate appraiser directory where lenders, financial institutions, homeowners, lawyers and insurance companies can conveniently find and do business directly with qualified real estate appraisers in America.
Furthermore, for those lenders who needs to be compliant with the new Home Valuation Code of Conduct (HVCC) for their Fannie Mae, Freddie Mac and FHA loans, we have introduced our all new L.O.C.S system, which provides them with the security of compliance and independence of not having to deal with one Appraisal Management company.
Our objective is to be the lenders' most reliable and trusted source as service providers. Therefore, we only list licensed and insured appraisal companies after we have verified their credentials. Furthermore, these companies have committed to a turn around time of no more than five business days after inspection and are up to date with digital technology.
Furthermore, for those lenders who needs to be compliant with the new Home Valuation Code of Conduct (HVCC) for their Fannie Mae, Freddie Mac and FHA loans, we have introduced our all new L.O.C.S system, which provides them with the security of compliance and independence of not having to deal with one Appraisal Management company.
Our objective is to be the lenders' most reliable and trusted source as service providers. Therefore, we only list licensed and insured appraisal companies after we have verified their credentials. Furthermore, these companies have committed to a turn around time of no more than five business days after inspection and are up to date with digital technology.
Industry News
ResCap on the Block?
GMAC Financial Services has hired Goldman Sachs to start the process of selling the company's money-losing mortgage unit Residential Capital Corp., according to a new published report.
GMAC Financial Services has hired Goldman Sachs to start the process of selling the company's money-losing mortgage unit Residential Capital Corp., according to a new published report.
GMAC Plans to Correct RMBS Servicing Practice by April
GMAC Mortgage LLC's corrective actions related to an unusual servicing practice that could hurt ratings on nearly $6 billion of RMBS it services are scheduled for completion by April 1, according to a Moody's Investors Service report.
GMAC Mortgage LLC's corrective actions related to an unusual servicing practice that could hurt ratings on nearly $6 billion of RMBS it services are scheduled for completion by April 1, according to a Moody's Investors Service report.
4Q Lending Volumes Weakest of the Year, Refis Down
Mortgage bankers funded roughly $414 billion of new home loans in the fourth quarter, the industry's worst quarter of the year and an indication that production -- as anticipated -- will be weaker in 2010.
Mortgage bankers funded roughly $414 billion of new home loans in the fourth quarter, the industry's worst quarter of the year and an indication that production -- as anticipated -- will be weaker in 2010.
Treasury Eyeing Nationwide Negative Equity Program
The Obama administration is working on a national program to address negative equity, but first it wants to test existing programs managed by state housing finance agencies.
The Obama administration is working on a national program to address negative equity, but first it wants to test existing programs managed by state housing finance agencies.
FDIC Extends Safe Harbor Policy on Securitizations
The Federal Deposit Insurance Corp. has extended its "safe harbor" policy for six months while its board continues to work toward the adoption of new securitization standards.
The Federal Deposit Insurance Corp. has extended its "safe harbor" policy for six months while its board continues to work toward the adoption of new securitization standards.
Sovereign Exiting Warehouse Lending
Stung by warehouse lines it made to the now-defunct Taylor, Bean & Whitaker, Ocala, Fla., Sovereign Bank of Pennsylvania has decided to exit the sector, according to warehouse lending officials and customers that received credit from the bank.
Stung by warehouse lines it made to the now-defunct Taylor, Bean & Whitaker, Ocala, Fla., Sovereign Bank of Pennsylvania has decided to exit the sector, according to warehouse lending officials and customers that received credit from the bank.
AppraiserGuide.com
Finally!!! where lenders comply with HVCC without the mercy of one Appraisal Management Company... AND ...where Qualified Independent Appraisers in America get what they deserve!!
How it works:
Lenders order an appraisal and pre-pay online.
L.O.C.S automatically selects and assigns a random, independent, licensed and insured appraiser from the list of the best qualified appraisers on AppraiserGuide.com
L.O.C.S. issues an order-specific Certificate of Compliance to the lender for having used us as an independent, unbiased third party HVCC compliance middle agent.
L.O.C.S. pays the assigned appraiser 100%* of the fee collected from the lender after they deliver the appraisal directly to them.
*100% compensation minus transaction costs.
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