Valligent Launches Valuation Consulting Division

Posted by Orb Staff on April 08, 2010 No Comments
Categories : Residential Mortgage

Valligent, a provider of property valuation and risk management solutions, has launched a consulting division aimed at helping lenders develop strategies for providing accurate and compliant valuation solutions.

The new division will be headed by Jeremy McCarty, Valligent's CEO and chief valuation strategist and a Residential Certified Appraiser who holds an SRA designation from the Appraisal Institute.

The new consulting services are suited for both institutions that have an internal valuation staff as well as lenders that work strictly with third-party providers, Valligent says.

The services are available for collateral policy and process improvement; identifying appropriate risk tolerance; collateral underwriting; fraud detection and prevention; automated valuation model (AVM) product analysis, testing and implementation; vendor management; nonperforming loan evaluation; portfolio evaluation; and regulatory, Home Valuation Code of Conduct and Uniform Standards of Professional Appraisal Practice compliance.

For a limited time, Valligent will provide initial off-site consultations with lenders and servicers, including a brief report of its findings, at no cost.

SOURCE: Valligent

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