PRESS RELEASE
Service 1st Valuation and Settlement Services, Inc. Announces its Continued Compliance with FHA Guidelines and The Home Valuation Code of
Conduct (HVCC)
February 1, 2010
Pittsburgh, PA-Service 1st Valuation and Settlement Services has announced they will continue to be 100% compliant as FHA plans to change their Appraiser Engagement guidelines effective January 1, 2010. FHA recently announced they will establish new guidelines for Appraiser Independence and Appraiser Engagement, similar to the Home Valuation Code of Conduct (HVCC).
Service 1st Valuation and Settlement Services is confident that its commitment to providing The Best Customer Service and Quality in the Mortgage industry will also be backed by its continued commitment to stay compliant with the Home Valuation Code of Conduct (HVCC) and the FHA Appraiser Engagement Guidelines.
Elaine Kozy, SVP of Appraisal Operations stated "Service 1st takes it commitment to compliance very seriously. We make it mandatory for every employee to take our in house training on the HVCC and FHA Appraiser Engagement guidelines, Once the course is completed all employees are required to sign an acknowledgment letter and is also required to participate in continued compliance education."
Service 1st will also offer continued engagement and education seminars to all of their clients, they feel it will help their clients practice the FHA and Home Valuation Code of Conduct (HVCC) guidelines effectively.
Mark Oliver, CEO and President also commented on the announcement by saying "an Essential part of Service is Quality and by Partnering with Industry Leading Technology such as ValueNet Xsp and Ellie Mae we will remain fully compliant and be at the forefront of Compliance, Quality and Service."
Service 1st Valuation and Settlement Services, Inc. is a Pittsburgh, PA based Appraisal Management Company with a wide variety of clients ranging from national banks and Mortgage Lenders as well as a large client base in the asset management and default services industry. Service 1st has 75 years of experience in the Vendor Management Industry and will continue to grow and service its clients as the Best Customer Service and Quality focused Appraisal Management Company.
For more information regarding Service 1st Valuation and Settlement Services please contact 412.200.2550.
