DART APPRAISAL ANNOUNCES INTEGRATION WITH APPRAISAL SUBCOMMITTEE (ASC) DATABASE, LINKING APPRAISER PANEL TO NATIONAL REGISTRY

Integration streamlines accuracy and reduces turn-time for new appraiser recruitment

Troy, MI, March 26, 2013 - In keeping with its commitments to advanced technology and superior customer service, Dart Appraisal today announced its integration with ASC.gov, directly linking the company to the federal committee's active database of nearly 80,000 certified and licensed state appraisers from the National Registry. The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) oversees the real estate appraisal process as it relates to federally related transactions.

As one of the first appraisal management companies to complete this type of integration with ASC.gov, the appraiser data from Dart Appraisal is now vetted against the National Registry of State-certified and licensed appraisers. This includes licensure and certification information, disciplinary action and the current status of the appraiser. The integration will help improve accuracy and identify any discrepancies in data from the company's nationwide appraiser panel.

For appraisal orders that may require the recruitment of a new appraiser for optimal fulfillment, the time needed to locate a qualified appraiser will be significantly reduced by the new integration. With the entire ASC appraiser registry located within the Dart Appraisal system, finding the right, qualified appraiser in the corresponding county or zip code is accomplished through quick and easy access to the database. Only appraisers that meet Dart's minimum requirements, including having 1,000 units experience and working in a local appraisal office of less than ten appraisers, will be considered qualified for order assignment.

"At Dart Appraisal, we continue to develop tools that will help streamline the valuation process while raising customer service standards," said Michael Dresden, president of Dart Appraisal. "Our focus is on providing the best appraiser match for our clients for every order, ensuring they receive a quality appraisal that meets their service expectations. By integrating the ASC database with our appraiser panel data, we can not only maintain the most up-to-date information on existing appraisers, but also make informed decisions quickly when adding new appraisers -- all of which improves customer service and overall product quality."

The mission of the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) is to: (1) oversee the appraiser regulatory programs established by the States, Territories and the District of Columbia (States); (2) monitor the requirements addressing appraisal standards for federal financial institutions; (3) maintain the National Registry of State certified and licensed appraisers; and (4) monitor and review operations of the Appraisal Foundation.