Elizabeth Green, an expert in valuation technology and data has accepted a post as industry liaison for the Appraisers Guild of America (AGA). Green is a strategist, solutions architect, speaker and valuation advocate. A recognized mortgage technology veteran in software product leadership for solutions in residential property valuation, loan origination, mortgage servicing and secondary marketing, Green is helping to foster a new level of understanding in property valuation and collateral risk assessment between consumers, lenders, investors and appraisers.
"The industry is struggling to adapt to an increasingly complex regulatory environment and the impartial role that a real estate appraiser plays in the housing sector has never been more vital,” said Peter Vidi, president of the Appraisers Guild of America (AGA). “The regulatory changes as implemented are leaving unintended consequences in their wake, however, and the most distressing of which is the continued decline of the residential real estate appraisal profession in the form of low fees and low quality. The profession is struggling to attract and maintain a vibrant base of qualified individuals because the fees are too low to support even a modest income.”
The American Guild of Appraisers/OPEIU Guild 44 seeks to represent the interests of appraisers, developing a strong presence before the U.S. Congress and each of the state legislatures.
“Not just as an industry but as a society, we face unprecedented challenges in residential real estate,” said Green. “I believe that the industry must find common ground on the important issues facing residential real estate valuation and collateral assessment today. The AGA has an opportunity to create a platform that fosters a positive dialog to address the concerns of consumers, lenders, management companies and appraisers. From common ground, real and positive solutions can be formed.”
