May 7, 2015

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

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. Brokers will no longer need to email amchelp@remn.com to get a referral for states in which MMC holds no license

Please refer to the map below for state specific direction:

map

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.