Monthly Archives: May 2012

The Applicant as an Intended User of the Appraisal Report

Since FIRREA was enacted in 1989, borrowers have been entitled to a copy of the appraisal report from their lender upon request. Now with the passage of the Dodd-Frank Act, that requirement has been turned up a notch. Section 1474 of the act is an amendment to the Equal Credit Opportunity Act. It states, “Each creditor shall furnish to an applicant a copy of any and all written appraisals and… Continue reading

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Vlog Time: FNC’s Value Proposition

What do FNC’s Collateral Management System® and our ports do for lenders? FNC cofounders Bill Rayburn and Bob Dorsey discuss.

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