Industry Requirements

Consider this “required requirement reading.”

Pendo adheres to the guidelines required by Fannie Mae, Freddie Mac and FHA. To ensure compliance, we keep our clients and network of appraisers informed by continually monitoring the newest regulations and guidelines. In other words, if something changes, we know about it. Then we let everyone else know about it. We also make sure that each appraiser in our network is certified in their individual state and has specific expertise in the county where the subject property is located. Oh, and one more thing: we continually monitor and update our technology platform to insulate the appraisal process between the lender and the appraiser.

Here are links and documents related to appraisal compliance (it’s pretty exciting stuff … to appraisal-heads like us, anyway):

Make one little mistake in ‘compliant’ and you have ‘complaint’.

We really hope you never need to use this, but if you or anyone you know has reasonable cause to believe a violation has occurred regarding appraiser independence rules, please contact us.