Last updated on April 20, 2014 at 7:58 EDT

Solidifi announces new hire Andrew Bough as Chief Valuations Officer

July 24, 2012

CHICAGO, July 24, 2012 /PRNewswire/ — Solidifi, a leading appraisal management solutions provider to the North American financial services industry, is pleased to welcome Andrew Bough to its team. Bough joins Solidifi as Chief Valuations Officer and brings 18 years’ experience in the U.S. real estate, banking and mortgage industry to his new role.

“Andrew comes to Solidifi with a unique perspective having worked both as an appraiser and on the lending side, most recently with ING Direct USA as head of credit and valuations, where he was responsible for mitigating risk for the bank,” says Jason Smith, President and CEO of Solidifi. “ING Direct USA was one of our first clients. Andrew understands our philosophy and focus on integrity and doing the job right. He also knows firsthand what our clients need and expect and what appraisers need to perform to their maximum capabilities. We are thrilled to have him on board as we continue to grow Solidifi and raise the bar for the industry as a whole.”

And that, says Bough, is exactly what attracted him to Solidifi. “I am an appraiser advocate. I always have been. The fact that Solidifi had the technological advancements that allowed it to pay full fee to appraisers two years before it became a regulatory requirement is the reason ING Direct engaged Solidifi. It speaks to the company’s integrity and focus on professionalism and quality.”

It’s also a key differentiator in an industry that has had its share of challenges in the last few years, says Bough. Other key points of distinction: a focus on using technology effectively to streamline processes and empower appraisers; ongoing proactive communication with clients and appraisers to ensure their needs are being met and the highest standard of service is being provided; and a laser like focus on continuous improvement.

“These are all distinct advantages that help us provide value,” says Bough. “We are about effective risk mitigation so that lenders can rely on us with confidence and we are about empowering appraisers to do good, quality work. The net result of that is raising standards for the industry. I am excited to be part of a growing company that is actively changing the landscape and moving it in the right direction.”

Solidifi invites lenders and appraisers to connect with Bough to learn more about our offerings and how we can help you meet your appraisal needs. He can be reached at: abough@solidifi.com

About Solidifi

Solidifi is a leading provider of appraisal management solutions to the North American financial services industry. The organization offers a flexible technology platform for procuring collateral valuations from an elite network of full fee appraisers who openly compete for business based on speed, quality and price. Named one of Mortgage Technology Magazine’s ‘Top 50 Service Providers’ for 2010-11, Solidifi’s parent company Real Matters, is ranked 7th on Deloitte’s Technology Fast 500 and is the fastest growing financial services-focused software firm in North America. Solidifi is located in Chicago, Illinois. Additional information about Solidifi is available at www.solidifi.com.

SOURCE Solidifi

Source: PR Newswire