At CU Appraisal Services, we make your lending platform more efficient by eliminating unnecessary review on collateral issues, allowing your team to focus more time on originating loans instead of handling appraisal issues.
Residential Appraisal Valuations
We provide regulatory compliant residential appraisals performed by competent and experienced appraisers located within the communities you serve. These appraisal reports provide credible value opinions with sound analysis and well-supported documentation. Appraisal reports are reviewed by a state-certified appraiser for compliance, content and market viability.
Portfolio Collateral Valuation
CU Appraisal Services assesses valuation risk in relation to changing market conditions. Our proprietary tools allow us to quickly and economically provide assessment of portfolio values including current and future risks thereto.
Regulatory Compliance Analysis and Recommendations
We provide regulatory compliance analysis and recommendations. Our expert staff has substantial regulatory experience and compliance backgrounds. We are able to make recommendations on all valuation compliance issues including newer regulations such as Dodd-Frank, 2010 Interagency Appraisal and Evaluation Guidelines, HUD Mortgagee letter and Fannie Mae updates. We provide regulatory training to our Credit Union Clients and our Appraiser Partners. We constantly monitor federal, state and local regulations and communicate compliance issues to all interested parties.
USPAP and Appraiser Independence Compliance Training
Our Credit Union Partners receive USPAP and Independence Compliance Training. CU Appraisal Services is staffed with USPAP trained executives that carefully monitor all changes and initiatives. Furthermore, we are able to apply USPAP theory to real-life appraiser scenarios and make systematic recommendations. We maintain comprehensive appraiser independence standards that allow appraisers to operate efficiently while promoting sufficient communication to allow a meaningful scope of work and credible value opinions.
Regulatory Audit Alerts and Red Flags
CU Appraisal Services provides Credit Union Partners with regulatory audit alert notifications in relation to collateral valuation risk. We assist you with high risk reporting based on market conditions, appraisal content, review, foreclosure rates and potential fraud.
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