How Does TRID Affect You?
Wednesday, November 08
The latest TRID rules, which are apart of TILA- RESPA, have been in effect since the fall of 2015. Almost a year later, we’re still finding financial institutions and appraisers are a little iffy about what TRID is and who it affects. And that’s not surprising. A 2015 report suggests that despit...
The Future of Dodd-Frank
Wednesday, November 08
Wading the waters of regulations can be a bit like navigating unchartered territory. If you’re not careful, you’ll be in over your head in compliance. Don’t worry, though – no need to feel like you’re sinking. We’re here to be your captains, guiding and helping you weather any potential storms. ...
How do USPAP Guidelines Impact Your Financial Institution?
Thursday, October 26
It’s not uncommon that we hear of lenders pacing the floor stressing over their appraisal and evaluation program, especially when it comes to USPAP. We get it. Understanding USPAP can be stress-inducing. It’s dense and somewhat difficult to understand, but the good news is that we’re here to bre...
How to Choose the Best AMC for Your Financial Institution
Thursday, October 26
Take a second to consider your shopping habits, especially for large purchases. If you’re anything like us, you might spend countless hours Googling reviews and searching for the best prices. You might create a pros and cons list, writing down every possible positive or negative to making your...
6 Top Appraisal Review Questions From Banks & Credit Unions
Thursday, October 12
Appraisal reviews are complex. Sometimes the review is over 200 pages long and should be scrutinized for accuracy. We work with banks and credit unions each day and six questions kept popping up, so we thought you’d benefit from having these answers readily available to you too. So without furth...
Sign #6: You Aren't Sure of Your Staff's Experience Level
Thursday, September 28
Want to provide your customers with the best level of customer service? Of course you do, but you might not know that it starts with knowing if your appraiser and non-appraiser team has the right experience and credentials. It also starts with knowing when your team is overworked. Over the past ...