Castle & Cooke selects Valuation Partners for HVCC compliance
Castle & Cooke Mortgage LLC, a retail mortgage banker with nationwide presence, has chosen Valuation Partners, a national real estate valuations provider, to maintain compliance with the Home Valuation Code of Conduct (HVCC) standards for ordering and delivering appraisals released last year. Since the establishment of HVCC, many companies like Castle & Cooke Mortgage have struggled to find a partner that fulfills HVCC requirements while also meeting internal company standards. Additionally, because Castle & Cooke Mortgage places such a premium on providing fast, efficient service to borrowers utilizing paperless processing and in-house underwriting, closing and funding, company executives looked around for an appraisal management company that could keep up. They quickly learned of Valuation Partners’ reputation for quality and consistency. “We heard so many good things about them, we had to see for ourselves,” said Matthew Pineda, president of Castle & Cooke Mortgage LLC. “Almost immediately, the team at Valuation Partners separated themselves with their high-touch customer service, quick response times and selection of products. Given the complexities of today’s mortgage marketplace, providing consumers with the best possible mortgage experience is very important to us. Having Valuation Partners on our team makes it much easier to do so.” A subsidiary of the William Fall Group, Valuation Partners provides vendor management, appraisal reviews, and collateral assessments along with other services in compliance with HVCC. Valuation Partners was established in 2009 to provide leading standards for soliciting, selecting and paying for appraisals for all loans sold to Fannie Mae or Freddie Mac. “Working with innovative lenders like Castle & Cooke Mortgage is incredibly satisfying,” said Bill Fall, chief executive officer of Valuation Partners. “We were excited to learn about their advanced technology and the premium they place on speed and customer service, because we share these priorities as well.” For more information, visit www.ValuationPartners.com or www.castlecookemortgage.com.