Nationwide Appraisal & Settlement Network Open New Divisions

The Nationwide Appraisal and Settlement Network have recently opened new divisions in order to service their reverse mortgage, hard money and mortgage servicing clients. The company works with a number of different leading institutions and believe these new divisions will better assist clients from order placement to final submission of an appraisal report.

The implementation of these new divisions mean mortgage servicing companies can now look to Nationwide Appraisal & Settlement Network to handle their appraisal management needs, knowing the job will be done by a team who understands the servicing business model.

Joni Pilgrim, Director of Sales & Marketing at the company commented on the new divisions, saying:

'In addition to our operations team who facilitate appraisal needs for our Mortgage Banker, Portfolio Mortgage Lender, Correspondent Mortgage Lender, Direct Mortgage Lender and Wholesale Lender clients, we have developed and implemented three divisions to facilitate the needs of very specific client types. Those divisions include Reverse Mortgage, Hard Money, and Mortgage Servicing.'

'We believe that the incorporation of these divisions will help to promote a better understanding of the products these clients offer to their borrowers. The team members in each division act as a resource to the borrowers, the appraisers, and the clients by having a strong understanding of what these clients do and what our role is with each of them as their Appraisal Management Company.'

Nationwide Appraisal & Settlement Network is a resource and partner in the loan servicing sector and most of its clients handle all the operational aspects of mortgage lending. In addition loan servicing companies manage loss mitigation, default management and the foreclosure property. Nationwide Appraisal & Settlement Network is able to help these clients through offering quality valuation products, assisting them during the loan process.

The company also offers batch ordering functions to enable multiple appraisal requests to be processed at the same time. Nationwide Appraisal & Settlement Network is based in Florida.