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Taking the ApprAisAl process from ordinAry to exTrAordinAry

Valuation Management Group Brochure

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Valuation Management Group’s primarymission is to institute an environment where true appraiser independence and quality commercial and residential appraisals can be obtained.

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Page 1: Valuation Management Group Brochure

1640 Powers Ferry Road • Building 15 • Marietta, Georgia 30067(678) 483-4420 [o] • (866) 799-7488 [tf] • (678) 370-9577 [f]

Appraiser Independence Hotline 1 (877) 836-7163

[email protected]

Become a Facebook Fan www.facebook.com/vmgappraisals

Get Connected on Linked In

Taking t

he

ApprAisAl proces

s

from ordin

Ary

to exTrAordin

Ary

Valuation Management

Group’s primary mission is

to institute an environment

where true appraiser independence and

quality commercial

and residential appraisals

can be obtained.

Valuation Management Group (VMG) is a nationwide appraisal management company headquartered in Atlanta, Georgia.

The Atlanta Business Chronicle ranked VMG 11th out the top 50 leading-edge companies honored with the Pacesetter’s Award.

Cobb County Chamber of Commerce recognized VMG as a Top 25 Small Business of the Year in 2010.

Founder Vicky Thompson was selected as a “Woman of Achievement” by The Northwest Georgia YWCA in 2005.

www.valuationmanagementgroup.com

Based upon my positive experience with Valuation Management Group at my former company Brand Banking Company, I

recommended that State Bank utilize the services of VMG for the high volume of new appraisals needed by the Special Asset

Division. After only a few months our President and Chief Credit Officer was so pleased with their service that he expanded the

VMG agreement to cover all loans made in the entire bank.

- William J. Abernathy, Jr., Chief Risk Management OfficerState Bank & Trust

Page 2: Valuation Management Group Brochure

Valuation Management Group’s

primary mission is to institute an environment

where true appraiser independence and

quality commercial and residential appraisals can be obtained.

Page 3: Valuation Management Group Brochure

“Our partnership with VMG relieves the pressure of managing the appraisal process and other compliance-related concerns. Th is allows us to focus on our number one priority- member service.”

Ashley Minshew, Mortgage Lending ManagerRobins Federal Credit Union, Georgia

• comply with interagency Appraisal and evaluation Guidelines, Appraiser independence laws, Th e Mortgage reform Act (2010),Truth in lending, UspAp, FirreA, Gse GuidelinesVMG keeps its staff up to date on pending legislation and laws regarding the appraisal process. Accomplish smooth examinations and exceed regulatory agency expectations by utilizing VMG’s services.

• Achieve True Appraiser independenceVMG, as your business partner, ensures that appraisers are not infl uenced. Be confi dent in knowing that the appraisal process is compliant.

• robust review Each report receives a technical review by a licensed/certifi ed appraiser. Our Reviewers have decades of experience. Review of appraisals can be customized to your underwriting guidelines.

• simplifi ed BillingSemi-monthly statement for all appraisal assignments. Appraisers are paid by VMG.

• Appraiser competenceVMG handles the appraiser’s application process, updated license and E&O for you.

• outsource the expense to reduce overhead costsImprove employee productivity and/or reduce employee expense. No upfront setup charges or monthly fees.

• one point of contactDedicated Client Specialist and Reviewers - VMG handles the entire appraisal process.

• preferred Appraiser panelValuation Management Group has a nationwide network of appraisers which gives banks, mortgage lenders and credit unions the opportunity to maintain relationships that they have spent years cultivating through the Preferred Appraiser Panel. Th e Preferred Panel is a personalized group of experienced lender-referred appraisers. When lenders order an appraisal, VMG will engage one of the appraisers from that lender’s Preferred Panel, offering competitive reasonable and customary fees. In addition, VMG has appraisers outside of your market area. Contact VMG today to establish your organization’s Preferred Panel.

• commercial propertiesVMG offers a bid process for a competitive fee and turn time on commercial properties and EPA Inspections. VMG handles the engagement of the appraiser or engineer (EPAs) and the technical review of appraisals by a certifi ed commercial appraiser.

• VMG is the industry expert in reo and loss share Appraisals. Residential / Commercial / REO or Portfolio Valuations / FHA / Loss Share / EPA Reports / Buy Back Resolutions / Forensic Reviews / Automated Valuation Models

• real-time UpdatesVMG’s secure, user friendly internet based website gives you access to real time updates when you need them.

“VMG has really streamlined our appraisal process. Placing an order is fast and easy. Being able to track your order through the process is great. Your appraisal is reviewed by an actual appraiser which adds a level of expertise that banks typically do not possess. Also, bank examiners like the independent transparency between the bank and the appraiser that VMG provides.”

James H. Nunley, Vice President, Cornerstone Community Bank, Tennessee

“We have embraced appraiser independence since the inception of New Penn Financial. We were not happy with the service that we received from many AMCs until we found Valuation Management Group. Th ey are not only our primary resource for appraisal management services now, but they are good business partners. VMG cares about our business as much as we do. Th e service and quality

that we get from VMG is unmatched. “

Jerry Schiano, CEONew Penn Financial

Plymouth Meeting, Pennsylvania

“Being one of the largest Retail and Wholesale mortgage lenders in our area we realized the need to contract with an AMC that would enable us to be fully compliant with National Appraiser Independence Laws and FHA guidelines, maintain our quality standards and continue to offer superior service. Valuation Management Group has met or exceeded our expectations in all areas. Th eir professional staff and excellent technology has allowed us to offer better service and their thorough review process has increased the quality of our appraisals.”

Th omas M. Bird, Executive Vice PresidentFirst Bank Mortgage, Georgia

“I am very glad that I chose to form a relationship with your company because it provides a completely arms-length process in keeping with National Appraiser Independence Laws requirements. Not only are our turn times good, we no longer have the burden of following up on appraisals because the VMG staff performs this task for us.”

Bernadette Phillips, Operations Manager, Community Financial Corporation, Oregon

“Brand Banking Company has utilized the services of Valuation Management Group for more than four years. We have found their service and quality to be extraordinary. If appraisal concerns arise, the staff is quick to respond and resolve the concern. I highly recommend VMG to anyone wanting to ensure compliance with the National Appraiser Independence Laws and quality appraisals. We are relieved of the maintenance of the approved appraiser list, updating licenses and E&O. Obtaining a consolidated monthly bill saves time and work for us. With VMG our staff is freed up to make loans and not be tied up with all the operations of the appraisal process.”

Greg Shumate, PresidentBrand Mortgage Group, Georgia

Advantages of Valuation Management Group

Are you struggling with the numerous appraisal changes and national appraiser

independence being enforced by the Dodd Frank Wall Street Reform And Consumer Protection Act?

(H.R. 1473) Allow Valuation Management Group to be your solution.

“The Mortgage Reform Act” (H.R. 1473) has many appraisal related laws. VMG stays on the forefront of changes to ensure

compliance for our clients. We adhere to all Appraisal Laws, Regulatory Guidelines, Truth in Lending, FIRREA, USPAP, Interagency Evaluation and

Appraisal Guidelines and have adopted the “Standards of Good Practice in Appraisal Management” as provided by TAVMA* guidance. Valuation Management

Group handles the entire appraisal process: approving the appraisers, managing the appraiser panel, the bid process on commercial and complex assignments, engaging the

appraisers, accounting and payment of appraisers, and performing a robust technical review.

www.valuationmanagementgroup.com

Build confi dence With people you Trust

Valuation Management Group (VMG) was established in 2006 to offer outsourcing opportunities for appraisal independence. As an appraisal management company, VMG offers a turnkey approach to the appraisal process from inception to fi nal completion. Valuation Management Group is committed to providing a process through which clients receive an appraised value determined by trained professionals who utilize independent judgment.

*Title/Appraisal Vendor Management Association

Page 4: Valuation Management Group Brochure

“Our partnership with VMG relieves the pressure of managing the appraisal process and other compliance-related concerns. Th is allows us to focus on our number one priority- member service.”

Ashley Minshew, Mortgage Lending ManagerRobins Federal Credit Union, Georgia

• comply with interagency Appraisal and evaluation Guidelines, Appraiser independence laws, Th e Mortgage reform Act (2010),Truth in lending, UspAp, FirreA, Gse GuidelinesVMG keeps its staff up to date on pending legislation and laws regarding the appraisal process. Accomplish smooth examinations and exceed regulatory agency expectations by utilizing VMG’s services.

• Achieve True Appraiser independenceVMG, as your business partner, ensures that appraisers are not infl uenced. Be confi dent in knowing that the appraisal process is compliant.

• robust review Each report receives a technical review by a licensed/certifi ed appraiser. Our Reviewers have decades of experience. Review of appraisals can be customized to your underwriting guidelines.

• simplifi ed BillingSemi-monthly statement for all appraisal assignments. Appraisers are paid by VMG.

• Appraiser competenceVMG handles the appraiser’s application process, updated license and E&O for you.

• outsource the expense to reduce overhead costsImprove employee productivity and/or reduce employee expense. No upfront setup charges or monthly fees.

• one point of contactDedicated Client Specialist and Reviewers - VMG handles the entire appraisal process.

• preferred Appraiser panelValuation Management Group has a nationwide network of appraisers which gives banks, mortgage lenders and credit unions the opportunity to maintain relationships that they have spent years cultivating through the Preferred Appraiser Panel. Th e Preferred Panel is a personalized group of experienced lender-referred appraisers. When lenders order an appraisal, VMG will engage one of the appraisers from that lender’s Preferred Panel, offering competitive reasonable and customary fees. In addition, VMG has appraisers outside of your market area. Contact VMG today to establish your organization’s Preferred Panel.

• commercial propertiesVMG offers a bid process for a competitive fee and turn time on commercial properties and EPA Inspections. VMG handles the engagement of the appraiser or engineer (EPAs) and the technical review of appraisals by a certifi ed commercial appraiser.

• VMG is the industry expert in reo and loss share Appraisals. Residential / Commercial / REO or Portfolio Valuations / FHA / Loss Share / EPA Reports / Buy Back Resolutions / Forensic Reviews / Automated Valuation Models

• real-time UpdatesVMG’s secure, user friendly internet based website gives you access to real time updates when you need them.

“VMG has really streamlined our appraisal process. Placing an order is fast and easy. Being able to track your order through the process is great. Your appraisal is reviewed by an actual appraiser which adds a level of expertise that banks typically do not possess. Also, bank examiners like the independent transparency between the bank and the appraiser that VMG provides.”

James H. Nunley, Vice President, Cornerstone Community Bank, Tennessee

“We have embraced appraiser independence since the inception of New Penn Financial. We were not happy with the service that we received from many AMCs until we found Valuation Management Group. Th ey are not only our primary resource for appraisal management services now, but they are good business partners. VMG cares about our business as much as we do. Th e service and quality

that we get from VMG is unmatched. “

Jerry Schiano, CEONew Penn Financial

Plymouth Meeting, Pennsylvania

“Being one of the largest Retail and Wholesale mortgage lenders in our area we realized the need to contract with an AMC that would enable us to be fully compliant with National Appraiser Independence Laws and FHA guidelines, maintain our quality standards and continue to offer superior service. Valuation Management Group has met or exceeded our expectations in all areas. Th eir professional staff and excellent technology has allowed us to offer better service and their thorough review process has increased the quality of our appraisals.”

Th omas M. Bird, Executive Vice PresidentFirst Bank Mortgage, Georgia

“I am very glad that I chose to form a relationship with your company because it provides a completely arms-length process in keeping with National Appraiser Independence Laws requirements. Not only are our turn times good, we no longer have the burden of following up on appraisals because the VMG staff performs this task for us.”

Bernadette Phillips, Operations Manager, Community Financial Corporation, Oregon

“Brand Banking Company has utilized the services of Valuation Management Group for more than four years. We have found their service and quality to be extraordinary. If appraisal concerns arise, the staff is quick to respond and resolve the concern. I highly recommend VMG to anyone wanting to ensure compliance with the National Appraiser Independence Laws and quality appraisals. We are relieved of the maintenance of the approved appraiser list, updating licenses and E&O. Obtaining a consolidated monthly bill saves time and work for us. With VMG our staff is freed up to make loans and not be tied up with all the operations of the appraisal process.”

Greg Shumate, PresidentBrand Mortgage Group, Georgia

Advantages of Valuation Management Group

Are you struggling with the numerous appraisal changes and national appraiser

independence being enforced by the Dodd Frank Wall Street Reform And Consumer Protection Act?

(H.R. 1473) Allow Valuation Management Group to be your solution.

“The Mortgage Reform Act” (H.R. 1473) has many appraisal related laws. VMG stays on the forefront of changes to ensure

compliance for our clients. We adhere to all Appraisal Laws, Regulatory Guidelines, Truth in Lending, FIRREA, USPAP, Interagency Evaluation and

Appraisal Guidelines and have adopted the “Standards of Good Practice in Appraisal Management” as provided by TAVMA* guidance. Valuation Management

Group handles the entire appraisal process: approving the appraisers, managing the appraiser panel, the bid process on commercial and complex assignments, engaging the

appraisers, accounting and payment of appraisers, and performing a robust technical review.

www.valuationmanagementgroup.com

Build confi dence With people you Trust

Valuation Management Group (VMG) was established in 2006 to offer outsourcing opportunities for appraisal independence. As an appraisal management company, VMG offers a turnkey approach to the appraisal process from inception to fi nal completion. Valuation Management Group is committed to providing a process through which clients receive an appraised value determined by trained professionals who utilize independent judgment.

*Title/Appraisal Vendor Management Association

Page 5: Valuation Management Group Brochure

“Being one of the largest Retail and Wholesale mortgage lenders in our area we realized the need to contract with an AMC that would enable us to be fully compliant with National Appraiser Independence Laws and FHA guidelines, maintain our quality standards and continue to offer superior service. Valuation Management Group has met or exceeded our expectations in all areas. Their professional staff and excellent technology has allowed us to offer better service and their thorough review process has increased the quality of our appraisals.”

Thomas M. Bird, Executive Vice PresidentFirst Bank Mortgage, Georgia

“I am very glad that I chose to form a relationship with your company because it provides a completely arms-length process in keeping with National Appraiser Independence Laws requirements. Not only are our turn times good, we no longer have the burden of following up on appraisals because the VMG staff performs this task for us.”

Bernadette Phillips, Operations Manager, Community Financial Corporation, Oregon

“Brand Banking Company has utilized the services of Valuation Management Group for more than four years. We have found their service and quality to be extraordinary. If appraisal concerns arise, the staff is quick to respond and resolve the concern. I highly recommend VMG to anyone wanting to ensure compliance with the National Appraiser Independence Laws and quality appraisals. We are relieved of the maintenance of the approved appraiser list, updating licenses and E&O. Obtaining a consolidated monthly bill saves time and work for us. With VMG our staff is freed up to make loans and not be tied up with all the operations of the appraisal process.”

Greg Shumate, PresidentBrand Mortgage Group, Georgia

Page 6: Valuation Management Group Brochure

1640 Powers Ferry Road • Building 15 • Marietta, Georgia 30067(678) 483-4420 [o] • (866) 799-7488 [tf] • (678) 370-9577 [f]

Appraiser Independence Hotline 1 (877) 836-7163

[email protected]

Become a Facebook Fan www.facebook.com/vmgappraisals

Get Connected on Linked In

Taking t

he

ApprAisAl proces

s

from ordin

Ary

to exTrAordin

Ary

Valuation Management

Group’s primary mission is

to institute an environment

where true appraiser independence and

quality commercial

and residential appraisals

can be obtained.

Valuation Management Group (VMG) is a nationwide appraisal management company headquartered in Atlanta, Georgia.

The Atlanta Business Chronicle ranked VMG 11th out the top 50 leading-edge companies honored with the Pacesetter’s Award.

Cobb County Chamber of Commerce recognized VMG as a Top 25 Small Business of the Year in 2010.

Founder Vicky Thompson was selected as a “Woman of Achievement” by The Northwest Georgia YWCA in 2005.

www.valuationmanagementgroup.com

Based upon my positive experience with Valuation Management Group at my former company Brand Banking Company, I

recommended that State Bank utilize the services of VMG for the high volume of new appraisals needed by the Special Asset

Division. After only a few months our President and Chief Credit Officer was so pleased with their service that he expanded the

VMG agreement to cover all loans made in the entire bank.

- William J. Abernathy, Jr., Chief Risk Management OfficerState Bank & Trust