Tag Archives: eMortgage Logic

eMortgage Logic, LLC (EML), a nationwide property valuation company, recently completed the Statement on Auditing Standards No. 70 (SAS 70) Type II examination by an independent auditing group. The examination included an in-depth audit of control objectives and activities, which includes information technology controls and related processes.

The Texas-based valuation firm eMortgage Logic (EML) said Tuesday that the company has aligned itself with what EML describes as a ""leading real estate analytics innovator"" to provide clients with a complimentary home price trends chart. This visual aid will now appear on all broker price opinions (BPOs) to illustrate the dynamics of the subject market's volatility.

eMortgage Logic recently hired two new staff members. Christopher Thurber joined the company as a national sales manager. His 20 years' experience in the mortgage and financial services industry ranges from strategic default planning to sales and marketing leadership. Chris Reynolds was hired as a product manager specializing in real property-related data and analytics. She too has 20 years' experience, working for companies that compile, analyze, and provide informational services to the mortgage and Wall Street communities.

eMortgage Logic and the National Association of Broker Price Opinion Professionals (NABPOP) released Thursday a new version of the BPO Standards and Guidelines (BPOSG). The BPOSG provide wide-ranging parameters for the preparation of Broker Price Opinions (BPOs) throughout the BPO industry, and includes suggested practices for selecting and utilizing properties, pricing considerations, and ethical and competency considerations.

Axios Valuation Solutions has fully integrated its appraisal management operations with a la mode's Mercury Network Vendor Management Platform. The integration is expected to benefit lenders and appraisers in terms of regulatory compliance, quality assurance, appraisal data security, cost, and flexibility.