|
Initial Privacy Notice
- Our privacy principles: We are committed to protecting our
clients' personal and financial information. This privacy statement addresses what
nonpublic personal information we collect, what we do with it, and how we protect it.
- What information we collect: We may collect and maintain several
types of personal information in the course of providing you with appraisal services, such
as:
- Information we receive from you on applications, letters of engagement,
forms found on our website, correspondence, or conversations, including, but not limited
to, your name, address, phone number, social security number, date of birth, bank records,
salary information, the income and expenses associated with the subject property, the sale
price of the subject property, and the details of any financing on the subject property.
- Information about your transactions with us, our affiliates or others,
including, but not limited to, payments history, parties to transactions and other
financial information.
- Information we receive from a consumer reporting agency such as a credit
history.
- What information we may disclose: We may disclose the nonpublic
personal information about you described above, primarily to provide you with the
appraisal services you seek from us. We do not disclose nonpublic personal information
about clients or former clients except as required or permitted by law.
- Who we share the information with: Unless you tell us not to, we
may disclose nonpublic personal information about you to the following types of third
parties:
- Financial service providers, such as banks and lending institutions.
- Non-financial companies.
- You may limit information shared about you. If you prefer that we
not disclose nonpublic personal information about you to third parties, you may opt out of
those disclosures, that is, you may direct us not to make those disclosures (other than
those permitted by law). If you wish to opt out contact us at 412-831-1500 or complete an
opt-out form at our web site, located at on our appraisal order form
located within this web site.
Confidentiality and Security Policy
- We consider privacy to be fundamental to our relationship with clients. We are committed
to maintaining the confidentiality, integrity and security of clients' personal
information. Internal policies have been developed to protect this confidentiality, while
allowing client needs to be served.
- We restrict access to personal information to authorized individuals who need to know
this information to provide service and products for you. We maintain physical,
electronic, and procedural safeguards that comply with federal standards to protect your
nonpublic personal information. We do not disclose this information about you or any
former consumers or customers to anyone, except as permitted by law. The law permits us to
share this information with our affiliates. The law also permits us to share this
information with companies that perform marketing services for us, or other financial
institutions that have joint marketing agreements with us.
- When we share nonpublic information referred to above, the information is made available
for limited purposes and under controlled circumstances. We require third parties to
comply with our standards for security and confidentiality. We do not permit use of
consumer/customer information for any other purpose nor do we permit third parties to
rent, sell, trade or otherwise release or disclose information to any other party.
|
 
 |
WARNING! |
 |
HVCC & YOU!
On May 1, 2009 the HVCC was initiated
throughout the Country on every mortgage transaction that
involves an appraisal that is sold to Fannie Mae and Freddie
Mac. This involves all conventional loans which prior to the
present meltdown was approximately 70% of all lending. With
the banking system crippled, conventional loans seized up
and nearly came to a halt. Presently, the conventional
mortgage market is still trying to get back on its feet
albeit very slowly and cautiously. Then there is the HVCC.
The HVCC came about due to pressure put on an appraisal
management company called eAppraiseIT by a large mortgage
lender Washington Mutual in the State of New York. The
Attorney General of New York created the HVCC. To stay out
of litigation (even though not directly involved), the
appellant in the case (The State of New York) arranged to
have Fannie Mae (FNMA) sign an agreement that all loans
placed through FNMA & Freddie Mac would have to adhere to
this new HVCC.
“We knew this was causing extreme hardship to the industry,
but we didn’t expect to get thousands of horror stories from
would-be homebuyers whose dreams have been dashed by this
well-intended, but misguided policy. Every day thousands of
people are getting the rug yanked out from under them in
their quest to become homeowners because of HVCC. You only
need to go to our petition website to read the stories for
yourself,” said Kearns. READ MORE... |
 |
 |
 |
CLIENT LOGIN |
 |
We
still accept appraisal orders via fax,
phone call and through the Order
Appraisal link on our website.
CLICK HERE! |
 |
 |
|