FDIC Raising the Appraisal Threshold
Update: The rule has been published, the FDIC press release can be read here. In the press release are links to the final rule and a copy of the concurrence letter from the CFPB.
Read moreOur industry has seen a landslide of regulation in reaction to the recent financial crisis. Jeff Dickstein, Pro Teck’s Chief Compliance Officer and the entire Pro Teck team take a proactive approach to regulatory advocacy and compliance as can be seen by our leadership in many industry organizations working to promote sound regulation.
Pro Teck has the processes, procedures and documentation to satisfy any regulatory audit-giving you one less thing to worry about.
Jeff Dickstein is on the Board of Trustees
Pro Teck is a founding member, and Jeff Dickstein is President of REVAA
Jeff Dickstein is on the Government Affairs Committee
Pro Teck is licensed and compliant in all 50 states and the District of Columbia.
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Appraisal Independence Hotline: (781) 314-1677 or Email UsPro Teck completes background checks on all of its valuation providers. Each appraiser or broker that performs work for Pro Teck must pass a yearly background check before receiving an order.
Pro Teck’s background checks are performed by SterlingBackcheck, the world’s largest company focused entirely on background checks.
Sterling maintains a centralized database of background checks developed for member-companies of REVAA (Real Estate Valuation Advocacy Association) which Pro Teck is a founding member and sits on its current board.
Comments on regulatory issues and trends impacting our industry
Update: The rule has been published, the FDIC press release can be read here. In the press release are links to the final rule and a copy of the concurrence letter from the CFPB.
Read moreIn June of 2015, six federal financial regulatory agencies issued a final rule that implemented the minimum requirements for state registrations and supervision of appraisal management companies, this…
Read morePro Teck has decades of experience working with originators, servicers and capital markets clients. We understand the challenges you face and what solutions will work best. Let us put that knowledge to work for you.
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