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April 18, 2008
ValuAmerica Vendor Management Software Will Now Assure Compliance With Federal Rules on Directed Appraisals
ValuAmerica announced a new release of its ValuNet xsp software that will prevent directed appraisals and ensure compliance with current valuation requirements of the Federal Reserve, Federal Deposit Insurance Corporation, Office of The Comptroller of the Currency (OCC) and Office of Thrift Supervision (OTS).
The system will also help lenders to comply with the terms of the recent agreement on appraisals between the New York Attorney General and Fannie Mae, Freddie Mac and OFHEO.
Posted by S. Germain at April 18, 2008 08:28 AM