United States Appraisals has announced that it has joined the Collateral Risk Network (CRN). Composed of chief appraisers, collateral risk managers, regulators and valuation experts, CRN is focused on resolving the risk and compliance challenges facing the collateral risk profession. With over 400 members represented by leading AMCs, lending institutions, Wall Street, Fannie Mae, Freddie Mac, The Veteran’s Administration, the Federal Housing Administration and appraisers, CRN engages all stakeholders in open dialogue to find solutions to industry issues.
“We are pleased to join an organization that utilizes the diverse backgrounds of its members for the common good of the industry,” said Aaron Fowler, president of United States Appraisals. “Obviously, risk and compliance are hot topics in the mortgage industry. As we grow, we wanted to ensure our involvement in the discussions that shape our industry. We look forward to working with our peers and industry partners to identify and resolve these issues.”
Joan Trice, CRN founder and managing director, said, "We welcome United States Appraisals to the CRN group. We are always excited to have a growing organization bring a fresh set of ideas and a new perspective to the table.”