First American Mortgage Solutions, LLC, a subsidiary of First American Financial Corporation and provider of lender and servicer solutions covering the entire residential loan spectrum, announced that the Collateral Risk Network (CRN) has named Alan Hummel, Chief Appraiser and VP of valuations for First American Mortgage Solutions, the recipient of the 2017 Valuation Visionary award. According to CRN, the Valuation Visionary award recognizes a standout collateral valuation professional every year who has demonstrated outstanding leadership, innovation and professionalism. Winners are nominated by their peers within the network.
He is a past national President of the Appraisal Institute, past officer of the Appraisal Foundation, and an Appraisal Qualifications Board-certified instructor of Uniform Standards of Professional Appraisal Practice. For more than 30 years, he has developed and implemented innovative appraiser training programs, efficiency tools and quality control initiatives, earning the title of “industry innovator” among his peers. One of his many accomplishments include testifying before Congress on mortgage fraud and appraisal issues.
Hummel expressed his gratitude by stating, “I’m humbled to have my name placed alongside the industry-changing leaders who received the Valuation Visionary award before me,” he said. “I’m proud to receive this award from the CRN, where we challenge the status quo, while simultaneously defending the foundations of our profession. Being a ‘visionary’ is not only about looking to the future; it’s about looking inward to identify where we can do better for ourselves and for the communities we serve.”
The CRN is a group of valuation experts focused on resolving the many challenges facing the collateral valuation industry. With a broad membership representing lending institutions, Wall Street, Fannie Mae, Freddie Mac, Veterans Affairs, the Federal Housing Administration, appraisal management companies, appraisal firms, and appraisers, CRN brings influencers together to act as counsel to one another, share experiences and assist one another in solving mutual problems.