StreetLinks Appraisal Announces National Sales Force Expansion

Tom Hurst, StreetLinks SVP of Sales stated, "StreetLinks has redefined appraisal management by providing proprietary technology, superior appraisal quality, and 'high-touch' service available nowhere else in the industry. Our unique value proposition, backed by our 'Certificate of Non-Influence,' 'ValueVault' and 'Appraisal Advocate' offerings, will revolutionize the industry. We have expanded our sales force with top industry talent to respond to the demand for our total appraisal management solution."

StreetLinks CEO Steve Haslam indicated, "Approximately 50% of all home loan appraisals are ordered directly from appraisers by mortgage loan officers or processors. It is an inefficient process and regulatory energy around this practice will eventually prevent it. Thirty-one states already have pending or enacted legislation prohibiting appraiser influence or coercion. Twelve states expressly prohibit the communication of 'estimated value,' 'target value' or loan terms to appraisers. Lawsuits alleging appraiser influence, coercion and value inflation are projected to increase dramatically. Irrespective of legislation, the day is coming soon when every major Lender will insist on arms-length appraisal transactions. Traditional Appraisal Management Companies do not have the systems, personnel or processes to meet the demands of Mortgage Bankers and Brokers. StreetLinks does -- so we've expanded our sales force to get the word out."

Paul Bradley and Kelly Taylor, seasoned lending industry executives, have joined StreetLinks as National Sales Directors to lead the expansion of six defined regions headed up by the six new Regional Account Executives.

Additional information is available at http://www.streetlinks.com or by calling 1(800) 778-4788.

About StreetLinks

StreetLinks National Appraisal Services is a real estate appraisal procurement and management company that provides nationwide real estate valuation services to lenders and other mortgage origination firms. The company specializes in providing comprehensive valuation solutions that provide its clients the ability to engage StreetLinks for all real estate appraisal-related procurement, management, accounting, tracking and reporting functions. StreetLinks operates under a "Non-Influence" methodology which maintains the anonymity of the appraiser from the originating firm, providing StreetLinks clients the assurance of compliance with existing and proposed regulation/legislation surrounding the collateral valuation process as well as promoting enhanced portfolio performance as a result of appraiser independence and impartiality.

SOURCE StreetLinks National Appraisal Services

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Copyright © 2008, NewsBlaze, Daily News

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