""BrokerPriceOpinion.com"":http://www.BrokerPriceOpinion.com, a Colorado-based provider of customized valuation solutions, recently named Michael Richardson as president.
Richardson will manage the day-to-day national operations of the company, which develops Web-based BPOs, appraisals, and automated valuation models to streamline the valuation process.
Richardson brings more than 25 years of experience in the mortgage and real estate industries to BrokerPriceOpinion.com.
Prior to joining the company, Richardson was managing director of due diligence at Allonhill, a mortgage risk management firm, and president of PreventMortgageFraud.com, a provider of third-party loan reviews. He is also the author of ""An American Epidemic, Mortgage FraudÃ¢â‚¬Â¦a Serious Business.""
""In promoting sound credit decisions, lenders need to emphasize the importance of implementing and maintaining strong quality controls to ensure reliable valuations and evaluations of homes in disparate neighborhoods around the country,"" Richardson said.
He continued, ""At BrokerPriceOpinon.com, we have the people, process, and technology to provide our clients a better handle on risk because we are completely focused on finding the true value of homes, many of them bank-owned REO properties.""