- 4 November, 2003 -

ELLIOTT & Company Appraisers is pleased to announce that it not only offers conventional appraisals, but also it now offers a complete line of risk management services, including that of consulting. It has become apparent that many of our clients have needs beyond that of an appraisal, and we want them to know that we are not only here to satisfy any appraisal needs they may have but that we are also available to consult with them on their risk management needs in more of a holistic way. Lately, the broader issue of collateral assessment and how this fits into a financial institution's overall risk management policy has become a concern to many lenders. Recent government regulations concerning a financial institution's risk management policies have been at the forefront (see article below). We perform a thorough examination of a financial institution's existing loan-collateral-assessment system to include products, policies, loss experience, collateral-assessment tools and risk exposure. The results of this audit are presented to management in the form of a comprehensive real-estate loan, risk management audit report. After a thorough audit of an organization's existing risk-management policies and systems, we design a comprehensive risk-management policy, addressing all aspects of the organization's risk exposure, as it pertains to loans collateralized by real estate. Financial institutions performing their own collateral-evaluation management may choose to subscribe to all or part of an array of risk-management and collateral-assessment tools, which we offer. A comprehensive listing of these tools, available for properties located anywhere in the United States, may be found at our company Web site, where these products can be ordered online. Our online order system provides online tracking, offering the client 24/7 access status for each order. Our management team is made up of many seasoned professionals with advanced college degrees, professional designations and many years of collateral-assessment experience. We have close working relationships with other firms offering highly specialized support functions in areas of technology systems, a resource that we can draw upon as required. To find out more about ELLIOTT & Company Appraisers' Risk Management Services call (800) 854-5889.

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