Regulatory Compliance

Who hasn’t seen the headlines? The implosion of the sub-prime industry, the public, the political and the regulatory response to perceived wrongdoing by lightly regulated mortgage professionals regularly makes front-page news. The hunt for a scapegoat is on.

HUD/FHA is following the lead of Fannie Mae and Freddie Mac implementing changes with regard to acceptability of appraisals supporting loans they will insure after January 1, 2010.

But, you can relax because IRR-Residential is the expert in your corner.

IRR-Residential provides a third party compliant solution for your valuation needs with regard to appraiser selection, oversight and independence. This full back up and support insures you won’t be worrying about seeing your firm’s name associated with appraiser pressure.  IRR-Residential can provide solutions to satisfy FHA and secondary market concerns about the separation of the valuation and loan production processes.

For each appraisal ordered through our IRR-Connections platform, IRR-Residential provides a quality assurance check to ensure each appraisal meets with your client specific underwriting requirements and industry standards.

With IRR-Residential, the end result is that you can be more relaxed, confident and secure while increasing your management and investors’ confidence.

So, whether you’re a bank, broker or correspondent lender, IRR-Residential has the expertise to help answer the varied questions arising from your diverse client base. No matter how specific the problem, IRR-Residential can help—expertly.

Contact our Business Development department at busdev@irr-residential.com or (913) 261-1800 for further information.