Examples of Appraisal Department in a sentence
The Appraisal Department is responsible for the valuation of all real and personal property accounts.
Appraisal has been carried out by Credit Administration Department/ Appraisal Department.
The Ameriquest Parties shall inform all appraisers currently on their approved or accepted lists that they are no longer dependent upon the branch offices for Appraisal assignments, that only the Appraisal Department can remove them from a panel, and that they are to ignore, and report immediately to the Appraisal Department, any effort by any Sales Person, including any Mortgage Specialist, Branch Manager, Area Sales Manager, or Regional Sales Manager to influence appraised value in any way.
There shall be no direct communication between Branch Managers or Mortgage Specialists and appraisers except for communications initiated by the appraiser in response to which the Manager or Specialist shall immediately refer the appraiser to the appropriate persons in the Appraisal Department.
The Appraisal Department shall review twenty percent (20%) of all Appraisals for Refinance Loans submitted for approval (which review may be pre- or post-funding) as part of its existing internal quality control procedures.
If an appraiser declines an assignment because the appraiser, in his or her professional judgment, believes the property is outside of the appraiser’s professional service area, the Appraisal Department shall assign the Appraisal to another appraiser and may not pressure the declining appraiser to accept the assignment.
At the same time the completed Appraisal report is delivered (by whatever means) to the Appraisal Department, the report may be forwarded or otherwise made available to the applicable Branch Manager.
The Board of Equalization and its various hearing panels are independent from The Appraisal Department and this independence requires the utmost respect by Appraisal Department personnel.
The Credit Risk Appraisal Department (CAD) manages the well-functioning of the three main Credit Committees and guide them in their role to normalise, expand and enhance the Group’s Credit portfolio.
In addition to performing specific statutory duties, the Board: Establishes committees as needed.Requires and evaluates reports from the Chief Appraiser on the operations and financial status of The Appraisal Department.