SOURCE: Clear Capital

Clear Capital

January 25, 2010 09:00 ET

Clear Capital™ Supports New Standards of Good Practice in Appraisal Management

Premier Provider of Appraisal Management Services Welcomes TAVMA's New Standards as Opportunity for Industry to Provide Higher-Quality, Reliable Valuations

TRUCKEE, CA--(Marketwire - January 25, 2010) - Clear Capital™ (, a data and solutions leader for real estate asset valuation, investment and risk assessment, today announced its endorsement of the new Standards of Good Practice in Appraisal Management. These standards, developed by the Title/Appraisal Vendor Management Association (TAVMA), outline the important tasks an appraisal management company (AMC) performs; and recommends to AMCs standards of good practice to ensure delivery of quality, objective appraisals to financial institutions.

For almost a decade, Clear Capital has set high standards for product quality, transparent methodologies, and reliability of service; and is committed to upholding TAVMA's standards of good practice. "It's great to see TAVMA continue its leadership in the industry's efforts to deliver consistent, high quality valuations," said Mike Ousley, Clear Capital Executive Vice President, Appraisal Services. "We have spent many hours working to develop these standards with other TAVMA members and look forward to continuing to improve and extend the value we bring to our customers. These standards of good practice are yet another reflection of how the industry continues to respond to the changing regulatory landscape and our commitment to deliver the highest quality appraisal products."

The Standards of Good Practice in Appraisal Management covers many operational practices of AMCs, including management of qualified vendor (independent, third-party appraisers) networks, quality control, workflow, regulatory compliance and customer service; all while remaining consistent with federal inter-agency guidance and relevant federal and state statutes and regulations.

The Standards of Good Practice in Appraisal Management can be viewed at the TAVMA website:

About, Inc. ("Clear Capital")

Clear Capital ( is a premium provider of data and solutions for real estate asset valuation and risk assessment for large financial services companies. Our products include appraisals, broker price opinions, property condition inspections, value reconciliations, and home data indices. Clear Capital's combination of progressive technology, high caliber in-house staff and a well-trained network of more than 40,000 field experts sets a new standard for accurate, up-to-date and well documented valuation data and assessments. The Company's customers include 75 percent of the largest U.S. banks, investment firms and other financial organizations.

About the Title/Appraisal Vendor Management Association (TAVMA)

TAVMA ( is the trade association of the real estate settlement services industry. Headquartered in the Pittsburgh area of Southwest Pennsylvania, TAVMA represents more than 80 companies engaged in the real estate settlement services industry, including 46 appraisal management companies. Together, TAVMA's AMC members have 80% to 85% market share in the appraisal management sector. TAVMA promotes the appraisal management and settlement services industry, presents its members' positions to government and media, and protects its members' rights to do business without unfair and anticompetitive legislation and regulations.

Contact Information

    Michelle Sabolich
    Atomic PR for Clear Capital
    Email Contact
    (415) 593-1400