Experienced Appraisal Reviews by Real Analytics, Inc.

As said in a statement by the Federal Reserve, "financial institutions must have effective, objective real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews ought to "have the familiarity and skillfulness to evaluate compliance with the Federal Reserves appraisal rules and guidelines." Real Analytics, Inc. provides appraisal review services that are objective, qualified, professional and in accordance with the Federal Reserve's rules.

According to the Federal Reserve, appraisal reviews "have to figure out whether the appraisal or evaluation is relevant for the transaction, the danger of the transaction, and whether the process by which the collateral valuation is attained guarantees independence and quality." They "must also show whether the appraisal or evaluation report is even with the letter of engagement, which gives an account of the outlook of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions add typical reviews with post-funding assessments of appraisal quality for a few of their high-risk or higher-value contracts as a channel to aid in detecting valuation issues."

In addition to conforming our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are generally used for review services, and we will produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Real Analytics, Inc., we are trained in all types of appraisal reviews, review processes and the responsibilities of review appraisers.