Lender / AMC

Lender / AMC

What are the advantages of subscribing to Clearbox?
The advantages are many but simply they fall into three categories – compliance, risk and recruiting. Interagency Guidelines issued on December 10, 2010 rei...
Fri, 25 Aug, 2017 at 12:25 PM
If I’ve had appraisers on my fee panel for years why would I need Clearbox?
Initial vetting of your panel is a key consideration but so is constant monitoring. Clearbox would notify you of any change in disciplinary action(s) and/or ...
Fri, 25 Aug, 2017 at 12:28 PM
We are a new AMC and need to grow our list. How can I leverage Clearbox?
With just a few clicks you are able to perform a search on geographic territory, designations, years of experience or qualifying criteria such as expertise ...
Fri, 25 Aug, 2017 at 12:32 PM
We are an established AMC with an expansive list. We already have staff for vendor management. Does SELECT™ replace that function?
No, but it will surely help to reduce costs. You will need fewer dedicated full-time employees (FTEs) in that function. With the implementation of Dodd Frank...
Fri, 25 Aug, 2017 at 12:35 PM
Our institution is proactively seeking to do business with minority and women-owned businesses. Do you have that information?
Yes, we do. Our search features are extensive because we collect a massive amount of information about the appraisal community.
Fri, 25 Aug, 2017 at 12:36 PM
Must we expose our lists to other subscribers?
No, your lists are confidential to you. You decide through your administrative tools who may have access to your lists and which appraisers you would like to...
Fri, 25 Aug, 2017 at 12:37 PM
We do business with mortgage brokers and correspondents. Can I give them access to our list of “approved appraisers”?
Absolutely. That was one of the reasons we designed Select™. Lists are dynamic and change regularly. You can now provide access to your lists in “real time” ...
Fri, 25 Aug, 2017 at 12:38 PM
How do we comply with the Mandatory Reporting requirement in Dodd Frank?
We have standardized the complaint process so that it is not necessary for the party filing the complaint to be a USPAP expert. Most, but not all states, wi...
Tue, 15 Aug, 2017 at 3:39 PM
How would we publish Fannie Mae’s AQM list without violating their rules?
The lender would simply add these appraisers to their exclusionary list where they would blend in with the rest of their list. Your lists can then be shared...
Tue, 15 Aug, 2017 at 3:40 PM
We have decades of information on appraisers. Why should we share proprietary information with anyone else?
You would not be sharing your proprietary information. Your lists are proprietary and will remain so.
Tue, 15 Aug, 2017 at 3:40 PM