ORANGE, Calif.--(BUSINESS WIRE)--LRES, a national residential and commercial mortgage services company providing valuations, REO asset management, HOA and technology solutions for the mortgage and real estate industry, announced that it now offers a free white paper, “Effective Communication with Lenders to Alleviate Problems Caused by Appraisal Shortages.”
This new white paper addresses how a lender’s relationship with real estate service providers will be impacted by the severe appraisal shortages. It uncovers the importance of shoring up business referral networks, why getting back an appraisal on time is such a challenge in certain states, what the industry is currently doing to solve these challenges and what lenders should expect from their AMC partners.
“The appraisal industry is currently suffering as it works to overcome challenges that are preventing new professionals from entering into the business, and the entire lending cycle is suffering delays as a result,” said Roger Beane, LRES founder and CEO. “This white paper outlines ways to overcome these challenges and how effective communication greatly mitigates the risk of losing business.”
Orange County, Calif.-based LRES is a national residential and commercial mortgage services company providing valuations, REO asset management, HOA and technology solutions for the mortgage and real estate industry. With more than 15 years of continued growth, LRES offers managed business processes for the origination and default markets. For more information about LRES, visit its website at www.lres.com.
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