Is your company ready for the Uniform Collateral Data Portal?
Coester Appraisal Group, a nationwide appraisal management company, is ready for
the Uniform Collateral Data Portal, better known as the Uniform Appraisal Dataset that will be available for use on June 27th, 2011 and required on or after March 19th, 2012 for all loans being submitted to Fannie Mae and/or Freddie Mac.
We hosted a series of webinar, which is part of a series of online educational programs hosted by Coester Appraisal Group.
We will be continually updating and holding seminars and webinars for our lender
clients. Please look below and look for updates.
Lots of AMC's talk about their sophisticated "broadcast" appraisal ordering system that saves you time and money and that keeps appraisers
"competitive". The reality is "broadcasting" the appraisal order just sends a mass e-mail out to multiple appraisers and the first one to
"accept" the appraisal with the fee the AMC wants to pay gets it. There is no touch to the process and the reality is that it's not a very good way of doing business.
At Coester all of our orders are assigned to the most qualified appraisers and the order is sent to one appraiser, the most qualified appraiser that we like and trust. We use appraisers that we know, have experience with and we know will do a good job and therefore no broadcast is needed, we know who's good.
Concerned about the Dodd-Frank Bill?
The new Dodd-Frank bill establishes new laws and regulations with respects to appraisal services. The
bill also outlines requirements for lenders on ordering appraisals, quality control, and many other aspects
of the appraisal and lender process. Please take a look and share your thoughts with a comment.
Click here to read the entire bill from opencongress.org
Brian Coester, CEO of Coester Appraisal Group, featured on the Cover of Mortgage Technology Magazine
As the industry looks to correct itself, technologists detail how automation can help mortgage participants assess a
property's true value. Click here to read more.
Fighting Repurchase Requests
Tired of fighting repurchases alone? When it comes to flawed loans, someone's going to have to carry the risk so instead of carrying the burden, it is often passed along. Repurchase requests, also known as buyback letters, can sound very official and convincing. That doesn't mean they're accurate. Your best defense assuming you want to fight to keep the buyback off your books is to provide documented facts that demonstrate the accuracy of the original appraisal.
In order to be effective, you'll have to be strategic. And being strategic takes time and effort. Let us show you the most efficient way of submitting these rebuttals to increase the likelihood that the results will work in your favor.
Coester offers the best appraisal management service among appraisal management companies
in the nation. Coester Appraisal Management process offers a seamless integration to most loan
origination systems and with our repurchase guarantee you are protected more than
what any other appraisal management company offers.
(Reuters) - Mortgage Investors trying to pry compensation from banks over bad loans are increasingly making frivolous claims among the legitimate ones, adding new stress to the test of wills and wallets, according to first that review the cases.
Analysts say investors have taken on a kitchen sink strategy, in which they try to exploit any and all errors - even if they had nothing to do with a loan default. Click here to read read More
Using your Legacy List, or Nominated Appraisers, can be a great asset in helping your company succeed. Our Legacy management system is 100% compliant with all current appraisal regulations and provides all the appraisers independence protections.
You can use your legacy list or nominated appraisers exclusively, take advantage of our certified appraisers or use a smart combination of both.
At Coester, we guarantee 100% of our appraisals for quality and if your valuation experience isn't one of the best you have had, the appraisal is FREE!!
Since 1970 Coester Appraisal Group has been providing valuations for
banks, mortgage lenders, lawyers, brokers and various financial
institutions . We have an established track record of success and
experience with a quality reputation as an appraisal management company. We have seen the industry grow and change and over almost 40 years we have still remained a leader in the valuation and appraisal management
company industry.
The difference we make:
We know you have a choice where you do business and that's why we offer a
100% Repurchase Guarantee on our appraisals
management service. We will go above and beyond to ensure accurate valuations and excellence customer service. At Coester Appraisal Group we value your business greatly and treat you the way would expect from a national appraisal
management company. We provide a full line of residential and commercial real estate valuation services and can handle everything from a small single family townhome for a purchase to the construction of a skyscraper for a developer.
The core of our business is the appraisal management services we provide for lenders of all sizes. With our appraisers you can rest assure that we have a valuation partner to serve your needs. We also have the ability to use your legacy list and manage a list of nominated appraisers. Our legacy management system is 100% compliant with all current regulations and provides all the appraiser independence protections you need.
You can use your legacy list exclusively, take advantage of our or use a smart combination of both. Either way you will be sure to get the best appraisal management service available.
At Coester, we guarantee 100% of our appraisals for quality and if your valuation experience isn't one of the best you have had, the appraisal is FREE!!
Even football immortals experience the normal ebb and flow of the human condition. Which leads us to the sprawling estate owned by former football great Joe [...]
Before using Coester, I had many problems with appraisal companies. Their turnaround times were long and they were unresponsive. I know when I go to Coester it will be done and done right.
--Phil G., Acacia FSB
Testimonial
Coester is really the best, they are professional, know what there doing and get me what I need when I need it. I really cant say enough.
--Robert N. , WestStar Mortgage
Testimonial
We have been using Coester for the better part of 15 years and couldn't be more satisfied with their service.
--Tom M., Dominion Mortgage
Testimonial
I have been a vendor with Coester for over 10 years and they have been a blessing to work with. They pay a fair fee and treat me with respect.
Find out more