January 2016 - Out of the Woods

TheMReport — News and strategies for the evolving mortgage marketplace.

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40 | TH E M R EP O RT Special Advertorial Section PROPERTY VALUATIONS GUIDE TSI Appraisal COMPANY DESCRIPTION: TSI Appraisal, a valuation division of Title Source, spans the nation to provide a comprehensive range of real estate appraisal, collateral valuation, property inspection, and data analytic tools. The TSI Appraisal team is comprised of hundreds of field staff appraisers and an appraiser network panel of thousands. This division of Title Source is a licensed appraisal management company in all states that hold licensing requirements. TSI Appraisal offers more than 60 products (excluding data analytic offerings) and includes: traditional appraisal products, automated valuation models (AVMs), and hybrid valuation products/broker price opinions (BPOs). COMPANY HISTORY Through TSI Appraisal's vision and strategy of managing a high volume, scalable operation with unmatched service standards and premium product quality, leadership has driven and handled growth over the past several years and established a track record of consistently garnering market share from other industry competitors. REGULATORY COMPLIANCE The company utilizes industry best practices and advanced data analytic tools to endure the highest quality appraisals. All appraisals are audited to guarantee compliance with Service Level Agreements, the Uniform Standards of Professional Appraisal Practice, the Financial Institutions Reform Recovery and Enforcement Act guidelines, HUD, government- sponsored enterprises, and Dodd-Frank regulations. BUSINESS LINES, SERVICES AND PRODUCTS TSI Appraisal has staff appraiser coverage in over 35 states and fee panel coverage throughout the nation to provide convenient and timely valuations for clients. The company's wide range of valuation products totals more than 60 (excluding data analytic offerings) and includes a range from traditional appraisals (FNMA 1004, FNMA 1025, FNMA 1073, FNMA 2055, 1075, 2065) to government (FHA/VA) products. The company also performs hybrid valuation products/ BPOs, traditional appraisal products, AVMs, land appraisals, foreclosures, re-inspections and restricted use valuation reports. These valuation products are used throughout the life cycle of origination, servicing, and default services processes. GEOGRAPHICAL SCOPE AND COVERAGE AREA TSI Appraisal offers products and services throughout the continental United States, Alaska, and Hawaii. This task is completed through a vendor network of thousands of licensed real estate appraisers who complete over 450,000 appraisals annually. KEY FEATURES/BENEFITS Through My Appraisal Connection, an appraisal portal software developed in-house, TSI Appraisal is capable of processing thousands of orders per day, regardless of type. With the portal's companion mobile app, My Appraisals, the company provides appraisers the freedom and convenience of completing order requirements while in the field. COMPETITIVE ADVANTAGE TSI Appraisal employs industry leaders who focus on making the appraisal industry healthier, working all the way from perception to legislation. TSI Appraisal's Chief Appraiser Jordan Petkovski was named committee chairman of the National Appraisal Congress, which was developed by The Five Star Institute in response to a developing need for thought leadership and the promotion of best practices and execution. Team members at TSI Appraisal also embrace the company's culture by practicing a yes before no attitude and striving to meet the needs of every client, every time. ADDED VALUE TO CLIENTS By leveraging an in-house technology team to build smarter, faster order management platforms, the company's technology enables seamless control over order processing, vendor management, customer service, quality control and reporting. Every appraisal product gets a 1:1 review by a licensed or certified appraiser and an automated rules review. This ensures consistently reliable operations and data security. TSI Appraisal's staff appraiser model brings added value to ensure higher quality with faster service. The company's comprehensive growth strategy includes a number of initiatives that will generate strong future results including continued organic growth and technologies in the appraisal business line. KEYS TO SUCCESS With the right people, processes, and systems in place, leadership continues to successfully execute on TSI Appraisal's strategy of securing additional like- minded lender client customers by providing bundled services solutions with complementary products to their business. INDUSTRY AWARDS AND ACCOLADES Every year, the Top Workplaces competition sets out to find the top workplaces across the country, based solely on employee opinions. Because its team members know that their voice matters, TSI Appraisal and Title Source have been listed as a Top Workplace for the last seven consecutive years, from 2009-2015. KEY PERSONNEL Jeff Eisenshtadt President and CEO Jordan Petkovski VP Chief Appraiser Kristine Hughes Chief Compliance Officer Dan Studeny VP of Partner Management Andrea Stickney VP of Appraisal Production STAFF 320 employees CONTACT INFORMATION 662 Woodward Ave. Detroit, MI 48226 Phone:888.848.5355 Email: Web:

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