Collateral Management /
GAAR™
Easy, Automated Appraisal Review: Faster Turn Times, Fewer Mistakes
Developed by FNC’s team of appraisal experts, the Generally Accepted Appraisal Rules™, or GAAR, perform a standardized, automated review, checking the appraisals in your queue for completeness, compliance with federal regulations and GSE guidelines, and indications of trouble down the line.
Two rules series make this possible: Compliance and Risk.
Compliance Checks for:
- Banking and thrift regulatory compliance
- Fannie Mae and Freddie Mac compliance
- USPAP
Risk Checks for:
- Tell-tale signs of fraud or overvaluation
- Investor and lender-specific requirements
