New Valuation Partners Appraisal Tool Offers Increased Risk Protection – NMP Skip to main content

New Valuation Partners Appraisal Tool Offers Increased Risk Protection

National Mortgage Professional
Oct 06, 2015
Valuation Partners Logo

Valuation Partners has launched a new appraisal tool that protects mortgage lenders from potential loan buybacks when properties receive a high-risk rating on Fannie Mae’s Collateral Underwriter findings. The company’s new Market $en$e report examines in detail the reasons why an appraisal receives a high-risk score and offers solutions if the appraisal can be improved to get a better score.

Every Market $en$e report includes a complete analysis and explanation of the CU score by a licensed, certified appraiser, including a discussion of any unique property factors that made the appraisal challenging. The report identifies and explains any unusual items and includes a sales analysis, key statistics on comparable properties and nearby sales going back several years. If the appraisal can be improved, the Market $en$e report suggests remedies, including fixing any appraiser issues or including better comps.

“More than ever, mortgage lenders and investors demand appraisals they can trust,” said Bill Fall, CEO of Valuation Partners. “High-risk collateral underwriter scores are a particular problem, especially if upon deeper analysis the scores aren’t warranted. Market $en$e provides lenders a high level of assurance and protection against buybacks even if the appraisal comes back with a high-risk score.”

As a standalone product, Market $en$e is faster and less expensive than a desk review. If Valuation Partners does the original appraisal and it receives a CU rating of four or five, a Market $en$e report is automatically included at no additional cost.

Oct 06, 2015
More from
Why Short-Term Closing Fixes May Be Holding Lenders Back

2020 became a record year for eClosing and eNote adoption

Dec 01, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Nov 29, 2021
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Nov 23, 2021
Guaranteed Rate Adds New Chief Product And Technology Officer

Guaranteed Rate named Dr. Ramesh Sarukkai as the company’s new chief product and technology officer.

Industry News
Nov 22, 2021
Fintech Mortgage Proven To Reduce Racial Bias In Lending

Technology-based Fintech mortgage may be the answer to reducing, and ultimately eliminating, racial bias and discrimination in lending.

Analysis and Data
Nov 19, 2021
nCino To Acquire SimpleNexus

Cloud banking and digital transformation solutions company, nCino Inc., signed a definitive agreement to acquire SimpleNexus in a stock and cash transaction valued at an estimated $1.2 billion.

Nov 19, 2021