Appraisal management technology promotes USPAP, FHA compliance while maintaining lender process controls
Chapel Hill, NC –March 12, 2010 – AIMSdashboard has released the latest version of its Web-based Appraisal Independence Management System (AIMS), featuring several compliance-focused additions. AIMS 4.4 will promote lender compliance with the appraisal independence requirements of the Uniform Standards of Professional Appraisal Practice (USPAP), Federal Housing Administration (FHA) Mortgagee Letter 09-28, Federal Financial Institutions Examination Council (FFIEC) and the Home Valuation Code of Conduct (HVCC). AIMS 4.4 further automates several elements of appraisal operations, smoothing lender-appraiser interaction during appraisal production.