Reconciliation Reports
Vendor’s Reconciliation Services provide an independent review of differing valuation reports/data or an independent appraiser review of a current BPO against loan/transaction data for an added level of review and diligence.
Vendor’s professional appraisers review each valuation product, for various differences in characteristics in the products reviewed, to determine the estimated market value based on the data presented or available. The reports are also reviewed for reasoning and supportive information that would allow an impartial reader to arrive at a similar value conclusion.
Reconciliation Services can be conducted on a bulk or flow basis. The receipt and delivery of orders could be modified based on bulk vs. flow.
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