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Freddie Mac suspends all foreclosure sales of occupied homes from November 26 until January 9, 2009
Elliott launches appraisal firewall Compliance PlusMortgagePres.comElliott and Company Appraisers, firewall, Compliance Plus, Carlyle Holt
Elliott and Company Appraisers has announced the initiation of
its firewall program, Compliance Plus.
Clients of Elliott's Compliance Plus program follow a strict
communications plan. The company maintains records, which can be
used to document the integrity of the appraisal and the
independence of the appraiser.
"Compliance Plus is a superior level of service, tailor-made for
banks wishing to distance themselves from the issues of appraisal
pressure and to be recognized as being in compliance with the Home
Valuation Code of Conduct," said Carlyle Holt, Elliott's director
of client services. "It is designed to provide Elliott's
residential and commercial mortgage lenders with a safe,
defensible, economical and efficient alternative method of
complying with appraiser-independence mandates, imposed upon them
by federal regulatory agents and government sponsored
enterprises."
Elliott and Company Appraisers serves clients nationwide and
offers appraisal services in all 50 states of the United
States.
For more information, visit www.elliottco.com.