Pro-Teck Services Delivers HVCC Compliant Services

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Mon Apr 20, 2009 2:08pm EDT

WALTHAM, Mass., April 20 /PRNewswire/ -- Pro-Teck Valuation Services announces
full Home Valuation Code of Conduct (HVCC) compliance for its appraisal
services.  Clients using Pro-Teck to fulfill appraisals in their mortgage
origination process are all compliant prior to the May 1 deadline.

When asked about the current HVCC status of Pro-Teck's clients, Ed Hunter,
Executive Director at Pro-Teck stated: "While the HVCC is not complicated,
there are a number of processes, assurances and requirements that can make
compliance problematic. The Appraisal Management Services we offer are
configured to specifically address the HVCC needs of individual clients, and
meeting the May 1 deadline was imperative. We are excited to announce that all
of our clients meet the HVCC requirements today."

Being compliant is only part of the requirement, the ability to demonstrate
and verify that the appraisal process meets HVCC is equally important. Every
client receives a compliance validation of Pro-Teck's process. In addition,
Pro-Teck has consulted with its clients on internal processes to support the
HVCC initiative.  Key areas addressed include appraisal portability, appraisal
objectivity, communication, compensation and documentation of compliance.  

For more information regarding HVCC compliance and Pro-Teck Services, please
contact Ed Hunter at sales@protk.com.

About Pro-Teck Services: 
Established in 1977, Pro-Teck Services works with lenders, servicers,
investors and insurance underwriters to improve risk management through
superior real estate collateral information.  By focusing on quality, customer
service and technology, Pro-Teck Services enables its customers to make sound
valuation decisions.

    Contact:
    Domenica Puleo
    +1-800-886-4949 x 1627
    dpuleo@protk.com




SOURCE  Pro-Teck Services

Domenica Puleo, +1-800-886-4949 x 1627, dpuleo@protk.com
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