Monday, June 14, 2010

One at a time, one at a time . . .

Did you get the call? I guess Lendervend has re-instated a bunch of the Suspended appraisers on a probationary "one at a time" basis.  This means they have full access to orders, but can only have 1 in their Queue at a time (not counting "In QC" of course). They would not say how long the "probationary" status would last, or if it was even permanent. I guess we'll just have to wait and see. If you were Suspended and did not get re-instated, give them a call or email, it might not be too late to plead your case.

Sunday, June 6, 2010

The "8 Days In April" curse

So I have it on good authority what caused the Appraiser Suspensions over at Lendervend/Provident Funding in May.  Lendervend employees swept through all of their appraisers' accounts and anyone who had a turn time of over 8 days, just on April appraisals, was suspended.  If the appraiser has good reasons why the file took so long (out of town borrowers, higher complexity property, etc) they are letting them send in a letter basically explaining their case in hopes to get reinstated. I understand that they are going to make a decision on a bunch of appraisers at once.  If you were suspended in the recent sweep, I recommend getting these letters in ASAP, because I am sure that once they make their decisions it will be a HUGE pain to get them to revisit the issue.  Send them to as many email addresses for Lendervend employees that you have (get them from your conditions, communications, etc) and they should get forwarded to the right place.