ValuTrust Adds Evaluation Services and Broker Price Opinions
February 9, 2021
Valutrust Solutions LLC, a Williston Financial Group company, has added property evaluation services and broker price opinions (BPOs) to its suite of property valuation offerings.
For origination transactions, Valutrust's ValuTrue property evaluation services can be ordered with or without interior inspection, as can BPOs, which are now available for servicing and default management.
"By adding economical and efficient evaluations to our full slate of traditional and alternative valuation offerings and nationwide appraisal management services, we can now provide our customers a broader array of valuation service through an advanced, customizable ordering platform," said Sean Pyle, president of Valutrust Solutions. "And, as the valuation industry evolves to meet the demands of mortgage lending and servicing companies, Valutrust will be on the forefront to help its clients succeed."
With the addition of these new services, Valutrust customers now have a single-source solution for all their property valuation needs, including property valuation solutions such as AVMs, evaluations, appraisals, field valuation services and BPOs; valuation review offerings; and property and market condition reports.
Valutrust provides national appraisal management services and proprietary technology solutions to banks and residential lenders.
The new Valutrust ValuTrue property evaluation services work in accordance with the Interagency Appraisal Guide (IAG), and provide a real property collateral evaluation as an alternative to a full appraisal for qualifying residential transactions with a maximum value of $250,000. Also, as required by the IAG, the property evaluations contain sufficient information detailing the analysis, assumptions and conclusions to support the credit decision, as well as the source of information used in determining the property value.
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