TrendSource Trending Blog

At TrendSource, we want to ensure that our clients get exactly what they need, no more, no less.

TrendSource has been in the compliance business for quite some time, building expertise and efficiency in disparate but complimentary business sectors, helping a diverse set of clients document and manage their compliance efforts.

Desktop Appraisals have helped modernize and streamline the loan process for borrowers and lending institutions alike. But what are desktop appraisals, who uses them, and how can they be supported?

As we pointed out in last week’s compliance blog, appraisals are tough business. They require training, expertise, and certification…they are expensive, and they are mandatory.

Let’s face it: Appraisals are tough. They are time-consuming, they are costly, and they are absolutely mandatory. Everyday people can’t buy or sell a home without them and, more importantly, lending institutions must have an appraisal for every single property on their books.