January 6, 2016
REMN Wholesale has updated the direction Brokers need to take when ordering an appraisal for a Conventional loan. This new procedure is effective immediately.
Momentum Appraisal Group, Inc. – must be used for loans in the state of TX
Nationwide Property and Appraisal Services – must be used for loans in the state of ID
MMC, Inc. – must be used for loans in all states they hold a license in, with the exception of TX
ACT Appraisal Management – must be used for loans in any state that MMC is not licensed in, with the exception of ID.
Please refer to the map below for state specific direction:
The broker portal and the website links have been updated. The guidelines will be updated in the near future.
If you have any questions, please contact your Account Executive.