As state and federal regulations continue to evolve, and the consequences of non-compliance take shape, it is not enough to simply understand these regulations and their impact on your business…
Arculis has the business knowledge and expertise to help your team understand your compliance roles & responsibilities…and the ability to identify where those responsibilities may create opportunities to enhance your business value proposition.
Real Estate Valuation Entities
Real estate valuation entities include, but are not limited to, Appraisal Management Companies (AMCs), as well as local and regional appraisal operations. This segment is best categorized as those valuation firms that supply real estate valuation & consulting services to regulated entities in sufficient scale & quantity so as to justify an examination or audit, as defined by current federal and state regulations.
Regulated Loan Originators
These are regulated entities—such as banks—that are required to audit their third party services providers (TPPs),and that specifically utilize valuation firms as part of their consumer lending processes. The scope of regulated entities include: “Any institution that provides consumer financial products such as mortgages, credit cards, student loans, auto loans, payday loans, and other consumer products, including payday lenders and mortgage brokers.”
Traditional Third PartyService Providers
These are traditional Third Party Service Provider firms (TPPs) that regularly provide support to Regulated Entities in the form of…
a. financial, tax, and other forms of examinations and audits to regulated entities, but who may not have the specialized expertise on-staff to meet the unique requirements of the Act, or are looking for more cost-effective ways to obtain that expertise.
b. legal representation to regulated entities in reviewing, evaluating, and responding/contesting their examination or audit findings, but who don’t have the specialized expertise on-staff to properly understand the unique requirements of the Act, or are looking for more cost-effective ways to obtain that expertise.
Real Estate Market Segments
These are real estate segments, such as investors, trusts, asset managers, management companies, and similar entities that have an interest in understanding and exploring sustainability in real estate, and in becoming definable value contributors. Whether it is simply understanding the impact of real estate on the environment, the ever-evolving financial drivers for sustainability in real estate, or the exploration of societal benefits of sustainable real estate, Arculis can help you define an action plan to identify your goals and assist you in reaching them.