Posts Tagged: Appraisal Management Services

Valuation Management Group to Co-host Webinar with Fannie Mae – Collateral Policy & Technology Guidance for Appraisers

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VMG is pleased to announce great news for residential real estate appraisers. Fannie Mae is presenting a free webinar just for appraisers. Mark your calendars for February 22, 2017, 11 AM EST. Register for the event by CLICKING HERE! Registration is limited, so register today. Julie Jones, Fannie Mae Credit Risk Analyst will be the… Read more »

Valuation Management Group’s Holiday Tips for Appraisers

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We are starting to enter the holiday season when we all take some well deserved time off to spend moments with friends and family or possibly, just have some personal down time to relax from the busy year that has been. As a nationwide appraisal management company, Valuation Management Group strives to provide the best… Read more »

Valuation Management Group Discusses Financial Feasibility

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Valuation Management Group, as an appraisal management services company, serves its lender clients by reviewing residential and commercial appraisals prepared by independent appraisers. Appraisal reports must address the subject property’s Highest and Best Use (H&BU) by analyzing the subject’s potential uses with these four tests: Is it (any given potential use) legally permissible, physically possible,… Read more »

Determining A New Appraisal Assignment

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Valuation Management Group, as part of our appraisal management services, strives to advise our clients and appraisers on common appraisal related issues.  A request that we receive very often is to “Change the Client/Lender Name on the Appraisal Report.” The Client and Intended User cannot be changed on the appraisal without it being considered a… Read more »

Valuation Management Group Ensures Quality Reviews and Great Service – Appraisal Management Services

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Valuation Management Group (VMG) understands the importance in our clients and appraisers being able to communicate with our staff.  Any client or appraiser who works with us has the direct phone number and email address for the Quality Assurance Reviewer and the Client specialist. During business hours, VMG never utilizes an auto attendant phone system,… Read more »

Appraiser Independence / Appraisal Management Services

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Valuation Management Group (VMG) was established 10 years ago with the primary goal of offering appraisal management services that would create an environment of true appraiser independence and quality appraisal reports for financial institutions. Our nationwide vetted appraiser panel is monitored for updated license, errors and omissions insurance and infractions through the appraisal subcommittee.  Upon… Read more »

Common Real Estate Appraisal Omissions/Errors

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Valuation Management Group, working as an appraisal management services partner for banks, credit unions and mortgage brokers, completes appraisal reviews nationwide.  We see many common omissions and/or errors in appraisal reports. We thought it would be helpful for us to share some of the more common errors or omissions that VMG encounters to assist our… Read more »

Valuation Management Group Discusses HUD and FHA Guidelines

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Valuation Management Group is sure that clients and appraisers alike who are currently involved in originating FHA loans and completing appraisals for such loans are aware of the new guidelines, but we like to make it a practice to share industry changes that potentially affect all of our partners. The most important thing to note… Read more »

Valuation Management Group Quoted in Working RE for Approach to TRID

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Effective October 3, 2015 under the new TRID (TILA-RESPA Integrated Disclosure) regulations, variances in the cost of appraisals will no longer fall into the 10% tolerance bucket. There are six specific exceptions under which the cost of an appraisal to the borrower can exceed what was disclosed on the Loan Estimate (LE), the most impactful… Read more »

Valuation Management Group – TRID & Appraisal Suggestions

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Effective October 3, 2015 under the new TRID (TILA-RESPA Integrated Disclosure) regulations, variances in the cost of appraisals will no longer fall into the 10% tolerance bucket, and only if a valid changed circumstance occurs can the cost of an appraisal to the borrower exceed what was disclosed on the Loan Estimate (LE). By habit,… Read more »