Nationwide Appraisal Network, LLC

Description

The purpose of this webinar is to provide guidance in regards to understanding appraisals from a consumers perspective. Effective January 18, 2014, a new regulation regarding disclosure and delivery requirements for copies of appraisals and other written valuations under the CFPB and the Equal Opportunity Act (Regulation B) was issued. With this new rule comes the responsibility of loan officers and mortgage brokers/bankers to provide explanation of the appraisal and valuations developed in connection with an application for a loan to be secured by a first lien on a dwelling to the consumer.

No collateral review process — manual or automated — comes close to RealView’s appraisal due diligence. With this advanced system NAN is able to review, analyze and score appraisals with far more depth, consistency and accuracy than a human or other technology ever could. It's the first analytics and business intelligence technology for appraisals, and the only software that includes elements like context and history when screening for thousands of factors that can compromise appraisal quality. Collateral is the single most important component of a mortgage. Verifying appraisal quality is a non-negotiable. With our RealView product you can be sure you’re relying on the highest quality, most accurate and most compliant appraisals available. And so can your investors.

No collateral review process – manual or automated – comes close to our system for quality control and due diligence. With our advanced automation combined with experienced review team, we are able to analyze, review and score appraisals with far more depth, consistency and accuracy than ever before. Our automated review function is the first analytics and business intelligence technology for appraisals, and the only software that includes elements like context history when screening for thousands of factors that can compromise appraisal quality. Collateral is the single most important component of a mortgage. Verifying appraisal quality is a non-negotiable. With NAN, you can be sure you’re relying on the highest quality, most accurate and most compliant appraisal available.

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