The American Guild of Appraisers (AGA) today announced that Elizabeth Green, principal consultant with rel-e-vant Solutions has accepted a post as Industry Liaison for the Guild.
Green is a strategist, solutions architect, speaker and valuation advocate. A recognized mortgage technology veteran in software product leadership for solutions in residential property valuation, loan origination, mortgage servicing and secondary marketing, Green is helping to foster a new level of understanding in property valuation and collateral risk assessment between consumers, lenders, investors and appraisers.
"The industry is struggling to adapt to an increasingly complex regulatory environment and the impartial role that a real estate appraiser plays in the housing sector has never been more vital," said Peter Vidi, president of the AGA. "The regulatory changes as implemented are leaving unintended consequences in their wake, however; the most distressing of which is the continued decline of the residential real estate appraisal profession in the form of low fees and low quality. The profession is struggling to attract and maintain a vibrant base of qualified individuals because the fees are too low to support even a modest income.
"I am delighted to have Liz's involvement and insights in development of our action plan to preserve and protect the role of the residential appraiser," Vidi continued. "Her collaborative approach and knowledge of the industry is exactly what we need to bring forward win-win solutions for both consumers and the industry." AGA recently met with representatives from various industry associations in Washington, DC to begin strategy development.