MountainSeed Partners with Boxwood Means on Delivery of Commercial Evaluations to Lenders
ATLANTA, March 21, 2018 /PRNewswire-iReach/ -- MountainSeed, a leading national appraisal management company, today announced an alliance with Boxwood Means, LLC to provide its clients with commercial evaluation reports.
MountainSeed's partnership with Boxwood expands service offerings on its appraisal management platform to provide FIRREA-compliant commercial evaluations for the first time. Commercial evaluations represent a cost-effective alternative to USPAP-compliant appraisals for certain types of collateral valuations.
"Commercial evaluations are an important tool for clients who want to contain operating costs," said Rob McPherson, MountainSeed's chief appraiser. "With the agencies' pending increase in the appraisal exemption threshold, we also believe clients will place an even greater reliance on commercial evaluations in the years ahead. Since MountainSeed's mission is to offer our clients a premier and all-inclusive appraisal workflow solution, we're delighted to partner with Boxwood."
"We're excited to collaborate with MountainSeed, a market leader in appraisal management. We don't take their endorsement lightly. While we have excelled in furnishing clients with valuation reports and data analytics for 15 years, we must still earn our stripes every day," said Dave Colonna, Boxwood's managing director of sales. "We are confident that MountainSeed's clients will soon realize the benefits of this new alliance ranging from trustworthy reports and prompt service to sizable cost savings."
Serving over 400 community and regional banks and credit unions, MountainSeed's online platform that streamlines appraisal orders, reviews and compliance is uniquely supported by in-house certified general appraisers with an average of 30+ years of experience in the financial industry.
About MountainSeed
MountainSeed ( http://www.MountainSeed.com) is a trusted residential and commercial appraisal management company helping over 400 banks and credit unions to improve and streamline their appraisal ordering, procurement, and review processes. They offer national appraiser coverage, as well as a dedicated team to ensure all of your appraisal reports are compliant with the latest regulations.
About Boxwood Means
Boxwood Means, LLC ( http://www.BoxwoodMeans.com) is a Stamford, Conn. -based real estate valuation and data analytics firm supporting the commercial property investment and risk management needs of clients in the small balance commercial loan space. Boxwood's comprehensive suite of commercial evaluation reports and appraisals support the collateral valuation needs of 200 commercial banks, non-bank lenders and investors nationwide.
Media Contact: Melanie Wittenberg, MountainSeed, 404-736-6205, [email protected]
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