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Appraisal Quality Control Is No Longer Optional for AMCs

... introduced Appraisal Defect Detection and Prevention or ADDP. ADDP is an automated appraisal review report which can provide an AMC a ...

Story - Jennifer Frank - 04/02/2012 - 16:15 - 0 comments - 0 attachments - 0 groups

Is Mortgage Technology Really the Wave of the Future?

... an AVM, such as Appraisal Defect Detection and Prevention (ADDP). There are times when an underwriter needs a collateral tool that ... Services LLC, Appraisal Defect Detection and Prevention (ADDP), automated valuation model (AVM), government-sponsored enterprises ...

Story - Tommy A. Duncan - 12/29/2011 - 10:50 - 0 comments - 0 attachments - 0 groups

Quality Mortgage Services Launches ADDP to Stamp Out Appraisal Fraud

... release of its Appraisal Defect Detection and Prevention (ADDP) product, a solution can be deployed by a lender or by QMS on an ... if any such request is made by an investor on a loan where ADDP was used. “We’ve been in the quality control business ...

Story - NationalMortgag... - 07/06/2011 - 13:29 - 0 comments - 0 attachments - 0 groups

Ask Tommy: Your QC Expert ... A Closer Look at Appraisal Defect Detection & Prevention (ADDP)

... is called Appraisal Defect Detection & Prevention (ADDP) or “Add-Pee.” ADDP is the new up and coming pre-funding QC process that will change the way ...

Blog entry - Tommy A. Duncan - 12/07/2010 - 23:43 - 0 comments - 0 attachments - 0 groups

How Appraisal Defect Detection & Prevention (ADDP) meets Fannie Mae's LQI and Improves Loan Quality

Appraisal Defect Detection & Prevention (ADDP)  is a new term that is being used by mortgage industry ... to help you prepare and implement your company's own ADDP plan.  Tommy A. Duncan, CMT ...

video - NationalMortgag... - 11/04/2010 - 15:43 - 0 comments - 1 attachment - 0 groups

How Appraisal Defect Detection & Prevention (ADDP) meets Fannie Mae’s LQI and Improves Loan Quality

... Appraisal Defect Detection & Prevention (ADDP) is a new term that is being used by mortgage industry insiders involved ... to help you prepare and implement your company's own ADDP plan. What you will learn from this Webinar: Learn how ...

Event - Andrew T. Berman - 10/28/2010 - 05:01 - 0 comments - 0 attachments - 0 groups

The Advent of ADDP

ADDP or “Add-Pee” is the new pre-funding quality control (QC) ... reduce loan defects and repurchases related to collateral. ADDP will revolutionize pre-funding QC as the 4506-T and tax transcripts ... history and Social Security Number re-verification. ADDP is an acronym for Appraisal Defect Detection & Prevention (ADDP). ...

Blog entry - Tommy A. Duncan - 09/28/2010 - 17:21 - 0 comments - 0 attachments - 0 groups