Complete Suite of Valuation Compliance
and Third Party Oversight Solutions
and Third Party Oversight Solutions
As a Validox client one of the many benefits is compliance document consistency and uniformity for you, your regulators and auditors. Providing pertinent due dilligence information to auditors and regulators is elegant and simple.
An Appraiser must, at a minimum, be licensed or certified by the State in which the property to be appraised is located, and you must have the proof of compliance available. Validox™ verfies and certifies compliance so you don't have to.
Pursuant to federal, state, and secondary mortgage market regulations, all real estate lenders are required to perform continuous due dilligence, verifications and competency testing on their appraiser panel, which includes both residential and commercial appraisers.