PCV Murcor News
Tim Scherf sits down with MNN to talk appraisal compliance
LAS VEGAS, NV – November 11, 2014 – PCV Murcor COO, Tim Scherf, sat down with Phil Hall at Mortgage News Network to discuss the growing complexity and cost for appraisal management – specifically around the increasing state requirements.
A Will to Succeed – An encounter with a bank robber made Keith Murray decide he was in the wrong line of work.
POMONA, CA – August 1, 2014 – On a Friday afternoon in 1981, Keith Murray had a very bad day at work. He was already working below his skill level; shortly after he’d been transferred to the appraisal department of the savings and loan where he’d worked since he was 14, market vicissitudes had forced the institution to reassign its loan origination staff…
PCV Murcor Streamlines Compliant Appraisal Delivery Through Calyx Software®
POMONA, CA – July 1, 2014 – PCV Murcor™, a leading provider of real estate valuations for the mortgage industry’s largest lenders, servicers, brokers and insurers, today announced that it will begin offering its industry-leading, compliant appraisals through Calyx Software’s Point loan origination system.
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PCV Murcor Honored as Top 500 African American-Owned Business and Top 500 Diversity-Owned Business by DiversityBusiness.com
CARROLLTON, TX – June 23, 2014 – DiversityBusiness.com, the nation’s leading multicultural social media site, recently recognized VRM Mortgage Services (VRM) and PCV Murcor (PCV) as two of the nation’s “Top Businesses” for 2014. This exclusive award recognizes and honors individuals who have established themselves as a world-class community of entrepreneurs that continue to transform the way we live and advance our economy forward.
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Keith Murray profiled in HousingWire: “Keith Murray Stands Fast”
A traumatic experience only fueled his desire to succeed and work for what’s really important
CARROLLTON, TX – June 9, 2014 – Not many people could call being robbed at gunpoint a “crystalizing moment” or a “blessing,” but Keith Murray can. Murray, the president and CEO of PCV Murcor and VRM Mortgage Services, can look back on that fateful Friday afternoon when two men came into the bank he was working at, walked to the far end of the bank’s counter and stuck a gun into his face.
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HousingWire (Subscription required)
VRM Mortgage Services Surpasses 500,000 REO Properties Sold
CARROLLTON, TX – June 2, 2014 – Concentrating on preserving and maintaining property values and improving communities the company has helped provide homeownership opportunities to an estimated 1 million people. Industry-leading pace represents more than $50 billion in real estate asset transactions.
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PCV Murcor provides insight into valuation accuracy in DSNews cover story: The Industry Updates Itself
POMONA, CA – April 8, 2014 – With advancing technologies and improved practices, the valuations industry continues to put an emphasis on accuracy with updated products. By incorporating combinations of solutions into the scope of valuations, the field is better than before. Determining accurate property values depends on the client, the intended use of the valuation and the ability to analyze and reconcile data.
PCV Murcor Joins Shared Assessments Program To Help Drive Standardized, More Efficient Third Party Oversight Audits
Program brings together industry leaders to help streamline vendor risk management processes and regulatory compliance efficiency
POMONA, CA – March 25, 2014 – PCV Murcor™, a leading provider of real estate valuations for the mortgage industry’s largest lenders, servicers, brokers and insurers, has joined the Shared Assessments Program™, a member-driven industry body that aims to create standardization, consistency, efficiency and cost savings in the vendor risk management process. The addition of PCV Murcor will help provide additional insight and valuation expertise to a collaborative industry effort aimed at creating sustainable solutions for the evolving regulatory environment.
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New appraisal platform aimed at smaller brokers
POMONA, CA – Febuary 6, 2014 – A leading valuation company has launched an appraisal platform is says is geared toward providing solutions to smaller institutions.
Dealing with appraisal management companies can be a headache for brokers. Local AMCs may provide their own ordering platform, but can also fall short when it comes to compliance and oversight. With national companies, it can be a time-consuming process to establish an account.
Appraiser Selection Called Out As A Major Risk For Lenders
POMONA, CA – November 8, 2013 – Banks and mortgage lenders that use third-party companies to manage appraisals are cautioned to choose these vendors carefully, as regulators will hold lenders responsible for any misdeeds by appraisers as well as the quality of their work, explained Keith D. Murray, MAI, president and CEO of PCV Murcor, one of the nation’s largest providers of real estate valuations. This comes on the heels of an Office of the Comptroller of the Currency (OCC) bulletin recommending new risk management guidelines for national banks and federal savings institutions regarding relationships with third party vendors, including appraisal management companies (AMCs).
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PCV Murcor launches ValuationsDirect™
POMONA, Calif., Oct. 22, 2013 — PCV Murcor, a leading provider of real estate valuations for some of the mortgage industry’s largest lenders and servicers, has launched ValuationsDirectTM, an online appraisal ordering platform designed specifically for mortgage brokers and correspondents. The platform was built to deliver an easier, more transparent method of ordering appraisals that delivers PCV Murcor’s unmatched turn times, quality and a certification of appraiser independence.
Rare among large national valuations providers, appraisals can be ordered through ValuationsDirect with a simple credit card payment—no lengthy sign-up agreements required. Orders can be placed immediately with qualified, expert appraisers in all major U.S. markets and clients receive online, time-stamped status reports 24/7, as well as live phone support with licensed appraisers.
PCV Murcor™ to debut Rental Broker Price Opinion at MBA Annual Convention
POMONA, Calif., Oct. 19, 2012 /PRNewswire/ — PCV Murcor, a 30-year provider of real estate valuation solutions and consultation services for the mortgage industry, will debut its Rental Broker Price Opinion (BPO) at next week’s MBA Annual Convention. The tiered offering includes a broker price opinion, automated rent estimate (ARE) and the option to receive a reconciled broker opinion of the ARE.
PCV Murcor™ Launches Commercial Appraisal Alternative
POMONA, Calif. – September 18, 2012 – PCV Murcor, a 30-year provider of real estate valuation solutions and consultation services for the mortgage industry, today announced the launch of its Commercial Broker Opinion of Value (BOV) report. The valuation is an appraiser-reviewed, regulatory-compliant alternative to traditional commercial appraisals that can save servicers and lenders an average of 60 percent or more on each asset they value.
PCV Murcor Celebrates 30TH Anniversary
POMONA, CA, March 1, 2011 (GLOBE NEWSWIRE) — PCV Murcor, a national real estate valuation company, is celebrating its 30th anniversary. Since its founding in 1981, PCV Murcor has been a valuation industry leader, developing appraisal order-tracking system technology and earning kudos as one of the country’s top appraisal companies.
In This Corner: PCV Murcor CEO Keith Murray
DALLAS, TX, Sept. 9,2009 – Keith Murray is the president and CEO of PCV Murcor, Real Estate Services. Keith founded PCV Murcor in 1981 as a local real estate appraisal company serving southern California. Since its inception, the company has grown to a nationwide firm that provides a myriad of real estate services throughout the United States. Keith has over 25 years experience in real estate analysis, consultation and valuation.
PCV Murcor Contributes To King Scholarship Fund
POMONA, CA, (January 22, 2009) – PCV Murcor, a national real estate valuation company based in Pomona, has contributed $25,000 to the Dr. Martin Luther King Jr. Scholarship Program, which is promoted by COR Community Development Corporation. The Irvine-based Christ Our Redeemer AME Church established the scholarship fund in 1998 to provide financial assistance to undergraduate and graduate students attending Southern California colleges and universities. The organization’s objective is to award deserving students with financial assistance toward achieving academic and professional dreams.