North Providence, RI (PRWEB) June 28, 2013
George Panichas, a founding partner of the National Appraisal Management Business Lincoln Appraisal & Settlement Services, spoke at the 2013 Collateral Risk Network (CRN) Valuation Expo Meeting in Las Vegas on June 18, 2013.

The 2013 CRN Valuation Expo Meeting took spot from 9am 4pm EDT on Tuesday, June, 18, 2013 at the Flamingo Hotel and Casino in Las Vegas, NV. Formed in 2003 in Orlando, Florida, the Collateral Danger Network (CRN) is a group which consists of essential stakeholders in the valuation sector such as collateral threat managers, experts in valuation and sector regulators with a focus on operating to resolve new and ongoing problems facing the industry nowadays. The group is represented by a assortment of institutions, which includes different lenders, Fannie Mae and Freddie Mac, the Veterans Administration, the Federal Housing Administration, Wall Street, and appraisers from all more than the United States.

Panichas produced his presentation in the course of the AMC Possibilities and Challenges section of the meeting, and his speech discussed the history of how Lincoln Appraisal was founded, as nicely as how the AMC has adapted to the many modifications which have transformed the sector in current years. Panichas stated a consistent frustration with the lack of communication inside the market, stating, I am continually amazed at how we have an sector that has several moving parts of which most constituents involved either never speak to a single an additional at the macro level or vigorously dislike 1 yet another.

When discussing the possible future of the industry, Panichas stated, At this point, we as an industry have a choice to make. All the a variety of trade groups can individually continue to operate in Washington and the states as separate entities, with each and every attempting to influence policy toward their distinct vision, or, we can choose to function together. Panichas clearly stated his stance on the issue when he stated firmly, Lets come collectively as an market!

Panichas concluded his argument with this: We need to find a way to come collectively as an business to get new appraisers into the company to clearly illustrate why we have been and will continue to be the ideal alternative for mitigating mortgage risk and protecting taxpayers and to continue to innovate and provide the value add to lenders and home owners at a value point that keeps the appraisal profession desirable and relevant in order for the future to remain vibrant.

George Panichas is a founding partner of Lincoln Appraisal and has been instrumental in taking the firm from being a regional firm to becoming a National Appraisal Management and Settlement Solutions Firm. He is also the elected President of the National Association of Appraisal Management Firms (NAAMC). NAAMC is a non-profit organization dedicated to advertising appraiser independence and increasing appraisal understanding and transparency all through the true estate market, and is nearing its one particular-year anniversary in July of 2013.

ABOUT LINCOLN APPRAISAL

Founded in 1998, Lincoln Appraisal & Settlement Solutions, headquartered in North Providence, RI, is a national Appraisal Management (AMC) and Settlement Solutions Organization. Lincoln Appraisal gives a complete suite of residential, industrial, and specialized appraisal solutions to the actual estate market throughout the United States and Puerto Rico. Further info can be obtained by visiting http://www.LincolnAppraisal.com.





