Todd Ehrlich is Triserv’s founder & Chairman of the Board. In 2008, he was running a different mortgage business. He had dinner with a customer, who was an executive at a mid-sized bank. The banker said, “You guys are wonderful at what you do - if you could figure out how to fix the appraisal space, it’d be amazing!”
If you’re a lender considering outsourcing appraisal management to a third party AMC - either for the first time or because you want to add another vendor option - you’ll, of course, want to vet the AMC. The CFPB requires any company under their purview to “Know Your Vendor,” plus it’s just a smart thing to do. Here are a dozen questions to ask any AMC candidate, as well as the answers you should look for.
Joe Bryant is President of Triserv, and he’s responsible for sales and marketing, in addition to managing lenders’ due diligence requests. “In the office,” he reports, “they call me the Godfather because I’ve been there, done that, and can usually help in any situation. I’m a jack of all trades.”
Real estate appraisal turn times got longer in 2020, and they’re nowhere near returning to “normal” levels yet. It seems everyone involved in a real estate transaction is frustrated by this. Why is it happening, and can we speed them up?
Margin compression is a real and growing concern for mortgage lenders, according to Fannie Mae’s most recent survey. National Mortgage Professional recapped it this way: 'Fannie Mae's Q4 2020 Mortgage Lender Sentiment Survey reported that mortgage lenders' profitability outlook over the next three months has declined compared to Q3.'
Marc Tatarcuk is one of Triserv’s newest team members, having joined in February 2021. His goal is to create and drive new client relationships for the company. He’s been in the real estate industry for 18 years, having started in residential lending.
Triserv is excited about further enhancements to our cutting edge, proprietary technology platform. In the next two months we will be implementing new technology in our system that will further enhance the appraisal process for our lender clients.
Missy started in the appraisal business with Triserv four years ago. She says she “started at the bottom” but has worked her way up to leading Customer Service Team 6. She assigns all the orders for the team and is the main point of contact for clients
Triserv continues to partner with industry-leading LOS platforms and other mortgage industry technology companies to make it easier than ever for lenders to place appraisal orders and check the status of orders.