eMortgage Logic Backs BPO Standards

Posted by Orb Staff on June 04, 2009 No Comments
Categories : Residential Mortgage

gage Logic, a nationwide provider of broker price opinions (BPOs), says it endorses the BPO Standards and Guidelines (BPOSG) [link=http://www.mortgageorb.com/e107_plugins/content/content.php?content.3597][u]recently introduced[/u][/link] by the BPO Standards Board. ‘BPOSG is a quality-oriented set of standards and guidelines for completing BPOs,’ an eMortgage Logic press statement says. "The introduction of industry-wide standards and guidelines for BPOs will help further advance the BPO industry and the entire real estate valuation industry." eMortgage Logic says it will begin to integrate the BPOSG into its BPO operations in the coming months. "Through education, training and self-regulation, we feel real estate brokers and agents have their finger on the pulse of the market and can offer the best information as the local expert," says the company's president and CEO, Ralph Sells. "With a continued focus on standards and guidelines, I am confident the real estate community will set the bar higher for themselves than any externally imposed regulations." SOURCE: eMortgag

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