MDA Lending Solutions, a supplier of products and services critical to the day-to-day operations of lenders nationwide, has added John Hosey as the company’s chief appraiser. As chief appraiser for MDA Lending Solutions, Hosey is responsible for the tracking of industry changes and guiding the implementation of best practices for compliance with state and federal regulations. He is also charged with serving as a liaison to industry groups including the Appraisal Institute (AI), the Association of Appraiser Regulatory Officials (AARO), the Collateral Risk Network (CRN) and the Title Appraisal Vendor Management Association (TAVMA). He will serve as a subject matter expert resource to appraisal operations and a technical consultant to departmental executive management.
“Obtaining accurate valuations is one of the most important tasks real estate professionals face right now,” said Bill Sullivan, executive vice president of MDA Lending Solutions. “John’s industry experience and compliance expertise gives MDA Lending Solutions the insight and leadership needed to develop and provide outstanding, accurate and compliant appraisal and valuation services to our customers.”
Prior to joining MDA Lending Solutions, Hosey worked for Shelterfield Valuation Services in Malvern, Pa. as the appraiser and business manager. While at Shelterfield, Hosey was responsible for appraisals and rental and feasibility analyses for a wide range of residential, commercial and industrial properties and development projects. Prior to Shelterfield Valuation Services, Hosey worked for Kroll, Inc as a research associate. Hosey holds a Juris Doctor from Villanova School of Law.
For more information, visit www.mdasolutions.com.