Oct
06

IRR-Residential: An HVCC Compliant Solution

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The pending Home Valuation Code of Conduct (HVCC) will establish new independence requirements with regard to appraisals on loans to be sold to Fannie Mae and Freddie Mac. Among the new requirements, appraisals cannot be ordered from persons or entities that are not totally independent of the lender origination and production departments. Targeted entities include staff appraisers, lender owned appraisal management companies and settlement service providers.

IRR-Residential provides an HVCC Compliant Solution for your valuation needs with regard to appraiser selection, oversight and independence. IRR-Residential is a residential valuation focused company with national coverage. Our sole focus is providing valuation services and therefore do not have the organizational conflicts targeted by the HVCC.

Our technology platform, IRR-Connections, provides a single portal to place appraisal orders in all 50 states. IRR-Residential receives, manages and delivers every appraisal report after providing a quality assurance review via the Connections platform to ensure they meet client specific guidelines as well as industry standards – all from a single website.

Utilizing a franchise business model, IRR-Residential is one of the largest residential appraisal organizations in the country with nearly 50 affiliate offices in 42 markets and 21 states. Each IRR-Residential office is led by a Managing Director that averages more than 20 years of experience in their marketplace. For areas beyond affiliate coverage, IRR-Residential has a time tested and proven vendor panel ready to act

Supporting your business growth for the long term is our priority. Whether your valuation needs are singular or bulk portfolio, pre- or post-origination related, you have our assurance that high quality appraisals will be provided with the quickest turnaround possible.

To learn more about how IRR-Residential can help your organization, contact us at busdev@irr-residential.com, 913-261-1800, or visit our website at http://www.irr-residential.com/
Categories : IRR-Residential

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