Industry Announcements
Bradford Technologies Partners with Appraisal Management Company
Collateral Valuation Research Inc. for CVR Report Capabilities
San Jose, CA and Scottsdale, AZ – September 21, 2010 – Bradford Technologies innovator of valuation tools and solutions for residential appraisers and Collateral Valuation Research Inc. have partnered together to further expand Collateral Valuation Report (CVRTM) coverage area throughout North America.
Over the past two years, the appraisal industry has seen a tremendous amount of change as a result of new lending regulations. Today, producing a typical Uniform Residential Appraisal Report form can be very involved and a time-consuming way to determine a property’s valuation. For HELOCs; appraisal reviews; and property assessment reconsiderations; Bradford Technologies’ CVRTM is the effective and economical solution to meet the needs of AMC clients. With statistically supported data, the CVR is leading the industry in valuation reporting.
Click to read Bradford's Press Release
AMC Western Valuation Services Partners with Bradford Technologies
San Jose, CA, and Salt Lake City, UT – September 7, 2010 – Bradford Technologies, innovator of computer-aided valuation tools and solutions for residential appraisers, and Salt Lake City-based Western Valuation Services, a division of the Wasatch Front Appraisal Network appraisal management company, have partnered to provide Bradford Technologies’ new Collateral Valuation Report (CVRTM) to Western Valuation Services clients who are looking for a highly accurate, researched valuation report at a much lower cost and faster turn-around time than other non-originating lending appraisals.
Tighter restrictions imposed by the Home Valuation Code of Conduct (HVCC) and the Fair Housing Act (FHA) appraisal guidelines have led appraisal management companies to seek alternative valuation products that are not only statistically supported, but can be produced at a lower cost and with a faster turn-around time than other currently available valuation products. “Appraisers and appraisal management companies are becoming more interested in the Collateral Valuation Report because it fills the market’s growing need for a comprehensive product with the elusive combination of speed, accuracy and economy,” said Mark Linne, Executive Vice President of Analytics and Education at AppraisalWorld.
Click to read Bradford's Press Release
ACI Announcement
ACI announced Elizabeth (Liz) Green has joined the organization as Director of Appraisal.com. In this role, Liz will be launching a new generation of innovative tools developed for the residential valuation community. Liz brings more than 25 years of expertise within the residential mortgage industry in data analysis, system integration, and software product development for residential property valuation, loan origination, loan servicing and secondary marketing solutions.
A highly collaborative and innovative business solutions architect in both the residential mortgage and property valuation industries, Liz has been a driving force as a designer and as a subject matter expert in many innovations and teams in the industry today. She is the current Chairperson of the MISMO Property and Valuation Services Workgroup, advancing the cause of open data standards to improve quality, consistency and accuracy in the reporting of appraisal results to the real estate lending industry.
Three Real Estate Professionals Win $23,000 Each from a la mode
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Cari has been
with us for years now, uses WinTOTAL daily, and as an "Elite" member
puts all her services to use, especially her XSite and XSellerate.
Residing in Broward County, FL, an area really feeling the effects of
the economy, Cari relies on our tools to stay competitive and is adamant
about maintaining her integrity even if it means turning down orders in
a town where appraisers have seen a sharp downturn in volume.
One of Cari’s
favorite things about her Elite membership is the XSellerate marketing
system. "XSellerate is definitely getting my name out there and even
though I'm an independent appraiser - XSellerate makes me look like a
big, professional firm. I love it, and it has done wonders for my
image." Cari continued, “I just sent out the ‘FHA Certified’ pre-made
ad in XSellerate, and I landed a new client off it! Now, I'm getting
all their FHA work. It definitely paid off. Compare the cost of the
program with how many orders I've gotten as a result? It's like 50 to
1."
Appraiser winner: Cari Kresa
CJM and Associates, LLC
Dania Beach, FL
SouthFloridaResidentialAppraisals.com
Appraiser for 8 years
a la mode Elite customer