Why Do We Have to Fill Out Vacancy Certifications?
Short Answer: Because it’s the law. Answer Explained in Detail: Fannie Mae passed a regulation (Announcement SVC-2011-08R) on September 2nd 2011 that on page 4 says:
How Lenders Manage Third Party Vendor Compliance for Field Services
Standardized background checks are important because the field service business is an elongated, tiered process. It starts when a financial institution issues a work order to inspect or perform work at a property. They typically contract with a national field service provider to perform the requested work. Click the quote below to read the full […]
The New Industry Standard Background Check by Aspen Grove Solutions
After hundreds of lawsuits and thousands of complaints, banks are finally pushing for reform. The measures are meant to screen out people convicted of felony criminal offense, such as theft or fraud. The Mortgage Field Services Industry is facing ever increasing requirements to ensure there is appropriate oversight of their third party service providers. One […]
Vacant Properties with MOLD
As mortgage field inspectors, we are required to inspect vacant properties. Often times we encounter mold in the home and depending on your immune system, this can cause instant headaches as well as trigger asthma attacks, allergic reactions, and sinus infections. There are literally hundreds of thousands of mold species which are all essential components of our ecosystem. […]
How to Treat “No Trespassing” Signs in the Field Services Business
Mortgage Field Service contractors are faced with the dilemma of providing occupancy verification and letter delivery services to all sorts of properties for their clients. Properties with “No Trespassing” signs can and often are treated in the same way as “no contact” inspections. Inspectors are asked to take detailed photos of the signage, but to always keep their personal […]
What Your Email Address Says About You
As an independent contractor to any company it is important to understand that your email address (or other communications for that matter) reflect your professionalism. You can keep your personal email address, just create a separate business email address. You may want to consider a unique email address that is consistent with your business name or […]
Data Processing
Mortgage Field Services: Automated Data Processing Mortgage field service companies that hire independent contractors need automated data processing software to remain competitive in the field services business. A service company with a dozen or more clients must provide a way for their field service reps to download and submit their inspections to just one website […]