Ascribe manages appraisals that comply with all relevant local, state and federal laws and regulations including the Uniform Standards of Professional Appraisal Practice (USPAP), the Interagency Guidelines (IAG) and Government Sponsored Enterprise (GSE) requirements.
Our automated selection process evaluates appraiser performance history and status and then automatically assigns the appropriate local appraiser in the local market to each service request. Additionally, Ascribe’s quality control division systematically and manually examines each completed appraisal to ensure underwriter readiness while simultaneously meeting client, HUD, FHFA and other regulatory standards.
• Single Family Dwellings (detached, attached, PUD)
• Single Family Condominiums
• Single Family Stock Cooperatives (Co-Op)
• Multi-family complexes up to four units
• Hybrid solutions including:
– Desktop Appraisal with a floorplan
– Automated Collateral Evaluation + Property Data Report (ACE + PDR)
– AVM + Inspection + Appraiser Review
Click here for commercial appraisals.
As home owners begin to retire, many determine that leveraging the equity within their home through a reverse mortgage is a convenient method to unlocking wealth.
A reverse mortgage is also known as a Home Equity Conversion Mortgage (HECM).
More specifically, a reverse mortgage is a loan for eligible homeowners, age 62 and older, that have sufficient equity in their home. When the reverse mortgage loan is funded, the homeowner receives those funds in the form of a single payment, fixed monthly payment, or a line of credit.
Ascribe is well versed in the HUD guidelines that dictate the valuation and REO requirements and regulations associated with these unique loans.
Ascribe has a nationwide panel of experienced appraisers and other vendors that specialize in HECM transactions.
Ascribe offers a variety of valuation solutions tailored to specific client needs as well as government standards and regulations. These solutions include:
• Desktop Appraisal with an Inspection
• Desktop Appraisal with Floor Plan
• Automated Collateral Evaluation plus Property Data Report (ACE + PDR)
• Various Desktop Reviews
• Quality & Condition Inspection
