Axios Valuation Solutions released its new Desktop Appraisal product, which will deliver a new compliance product to financial institutions, the company announced in a press release.
The Axios Desktop Appraisal combines the firm's proprietary technology, data, analytics and the expertise of a local market appraiser to deliver quality valuations.
“Compliance is a key component of the Axios Desktop Appraisal. Each of the components meets or exceeds the requirements within the Interagency Appraisal and Evaluation Guidelines. As AVMs combined with Property Condition Reports become more difficult to use, I see this as an excellent product to meet the needs of the lending industry while remaining totally compliant with the regulatory agencies,” said executice vice president and chief appraiser Tony Pistilli.
