XOME Letter in Case Appraisers Get Arrested
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Insiders tell me they are publishing a Dick Tracy Decoder Ring next week. Good grief. This suggests they are so desperate for appraisers to place themselves in harm’s way that a printer and a logo is all you need for protection. Do they have a legal department?
To Whom it May Concern:
This letter acknowledges that ____________ is an authorized vendor of Xome.
Xome is an Essential Business (or its equivalent, in accordance applicable state or local order) that provides support and services on behalf of exempt financial services companies that originate mortgage loans and service mortgage loans nationwide. Xome has initiated a Business Continuity Plan which allows as many employees and vendors as possible to work remotely. However, my role as a vendor is critical and must be performed onsite ata various residential properties that are to be purchased by customers of the exempt financial services company or that are owned, mortgaged or insured by financial institutions or government or quasi-government agencies.
The services to be provided under the work order or engagement letter accompanying this letter are essential to facilitate the origination and servicing of mortgage loans as well as to maintain the safety and sanitation of, and to prevent damage and crime from occuring at, residential properties. Services include, but are not limited to, valuation services, code violation remedies, property inspections, critical repairs, interior and exterior maintenance, property securitization, and other emergency services. Xome has contracted the completion of the services in the work order or engagement letter accompanying this letter to the authorized Xome vendor named above,
Please contact Xome at 888-852-5381 (opt 1-appraisers, opt 2-real estate professionals) to verify the status of the vendor named above or if you have any questions.