Since its launch in August of 2013, appraisal management company StreetLinks Lender Solutions has continued to experience growth as the industry settles into 2014’s new regulations.
According to the company, the AppraiserPlus program assists in the partnership between StreetLinks and appraisers by mitigating several common appraiser pain points.
The program removes AMC micromanagement, in addition to providing StreetLinks QX, an automated appraisal review technology.
“Between new QM, ECOA and Third-Party Oversight regulations coming into effect, many lenders aren’t prepared for the level of regulatory scrutiny they will face this year,” said StreetLinks chief appraiser and senior vice president of compliance, Mike Floyd.
“Compliance and quality have always been at the top of our priority list as an organization. We’re excited that the AppraiserPlus program is not only enhancing the caliber of our services but will also help our lender and appraiser partners address Third-Party Oversight regulations with greater ease,” Floyd continued.