Valligent Offers Mortgage Investors Appraisal Review Certifications

""Valligent"":http://www.Valligent.com, a California-based provider of collateral valuation and risk management solutions, has announced the introduction of V-Cert, which certifies that Valligent's[IMAGE]desk reviews are completed in accordance with secondary market investor and rating agency requirements.

V-Cert is available to the company's clients at no additional cost through AppraisalUnderwriter, Valligent's proprietary technology that combines a USPAP-compliant desk review, fraud/foreclosure risk analysis, and value determination into one product.

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According to Valligent, with a V-Cert in the loan package, secondary market investors can be confident in the collateral value of the loans they purchase. In addition to instilling confidence in the much beleaguered secondary market, the company says V-Cert also reduces the cost and time of loan pool purchases by shifting the collateral due diligence to the prior-to-funding stage, eliminating the need for extensive back-end valuation investigations.

""The extent of today's mortgage crisis would not have been nearly as great if there were confidence in the underlying collateral of the mortgages held,"" commented Jeremy McCarty, CEO and chief valuation strategist at Valligent.

""At the end of the day, if a loan goes into foreclosure, you are left with the collateral,"" McCarty said. ""It is imperative the appraised value is thoroughly supported and accurate at the time of funding.""

With V-Cert, McCarty says investors can be assured that the valuation behind each loan has been tested and reviewed by licensed professionals and that the latest market analytics were used to verify those conclusions.