How transparent are your appraisal management and title services vendors? Our survey of the market showed that most lenders say not good – and they want better.
Mortgage loans, home equity loans and HELOCs are complex and have a lot of moving parts, especially with the increase in regulatory overhead. Banks, credit unions and other real...
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Why consider real estate appraisal outsourcing?
September 3, 2015
Many real estate lenders and mortgage servicers are still managing their own appraisal management function. As a result, adhering to regulatory compliance requirements has become a significant and expensive burden for these firms. In addition, the complexity of maintaining compliance is putting many firms in the risky position of being non-compliant. In fact, 75% of...
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