Compliance

The Consumer Financial Protection Bureau (CFPB) requires all Banks and Non-Banks (Mortgage Lenders) to oversee their business relationships with their Third Party Service Providers to ensure compliance with Federal Consumer Financial Law. Nationwide Property & Appraisal Services is committed to ensuring that we operate in accordance with all state and federal laws regarding the practice of appraisal management. We continue to be recognized as a leader in compliance by our Lenders and various State Boards. Your AMC is an extension of your company. Can they prove they are up to date on the most current laws? We can. Ask us how.

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Appraisals

Appraiser Independence Laws

“Appraiser Independence” is a serious matter — numerous states already have appraiser-independence regulations with many more working on their own legislation. Federal Reserve policy now opens the door for punitive action against originators and investors who underwrite loans in violation of an “appraiser-independent” process. Let Nationwide keep you compliant!