Sentences with phrase «appraisal company entered»
Class action lawsuit alleges lender and appraisal company entered into a corrupt relationship to...
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«Neither (of the Upstate affiliate companies) are required to obtain appraisals, issue an RFP or seek competitive bids in order to enter into transactions with respect to their real property,» he said.
Third - party outsourcers enter into agreements with banks and other owners of foreclosed properties and, much like appraisal management companies in the appraisal industry, act as intermediaries between the clients and the brokers who manage the sale.
At the same time, there's been an influx of rookie appraisers who, in their search for clients, enter into relationships with lenders and appraisal management companies that later exact a high price for their business.