News & Events

Industry Compliance Letter
January 2012 - 2011' has been a challenging year for the industry due to a large number of legislative acts that have been enacted throughout the country, greatly affecting the appraisal process. 2012' is slated to be no different, and just as challenging with an implementation forecast of Appraisal Management Company Registration Acts ["AMC"] in several states. Read more >

Woman Owned Announcement (WBENC)
November 2011 - Financial Asset Services, Inc. (FAS), announced today that it has been recognized by the Woman’s Business Enterprise National Counsel (WBENC) as a member and has been granted its Woman Business Enterprise Certification (WBE). Read more >

Industry Groups Join Forces to Change Hawaii's BPO Law
August 2011 - The state of Hawaii has enacted House Bill 320, a statute that permits a licensed real estate broker or real estate salesperson to prepare broker price opinions (BPOs) and charge a fee for their service. Read more >  DSNews.com Article

FAS AMC' Licenses
March 2011 - Financial Asset Services, Inc. (FAS), is in compliance with recent licensing requirements. Read more >

Woman Owned Announcement (NWBOC)
December 2010 - Financial Asset Services, Inc. (FAS), announced today that it has been recognized by the National Women Business Owners Corporation (NWBOC) as a member and has been granted its Woman Business Enterprise Certification (WBE). Read more >

The Dodd-Frank Act
November 2010 - On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law. Read more >

FHA Appraisals
November 2010 - Financial Asset Services has implemented several quality control guidelines to ensure all FHA appraisals ordered through FAS meet the standards for FHA acceptance: Read more >

FNMA Guidelines
October 2010 - Fannie Mae recently published it's new Appraiser Independence Requirements on October 15, 2010 Read more >

FAS announces the launch of a New Door Knock Service
August 2010 - Financial Asset Services, Inc. announced today that it has launched a new Door Knock service designed to help mortgage servicers in their loss mitigation efforts. Read more >

FAS appoints Gabrielle Lopez as REO Operations Manager
June 2010 - Financial Asset Services, Inc. announced today that it has promoted Gabrielle Lopez to the role of REO Operations Manager. Read more >

FAS launches new brand identity for default management services
June 2010 - Financial Asset Services, Inc. today announced the launching of their new website and tagline of "Welcome To Simple." Read more >

FAS successfully passes SAS70 Type II audit
March 2010 - Financial Asset Services, Inc. today announced that they have successfully completed a SAS 70 Type 2 audit. Read more >

FAS hires Jim McCracken as National Sales Director
February 2010 - In this role, McCracken will be responsible for initiating, developing and expanding strategic partnerships with banks, mortgage servicing firms, credit unions and investment funds.
Read more >

FAS helps build a house for "Habitat for Humanity"
August 2009 - Financial Asset Services, Inc. announces its participation in a build out home project with Habitat for Humanity on August 20th, 2009. Read more >

Habitat For Humanity recognizes FAS
May 2009 - Financial Asset Services, Inc. received recognition from the Orange County chapter of Habitat for Humanity as a supporter of the organization's Home Build Out program. Read more >

FAS launches Title Curative Group
April 2009 - In response to customer needs, Financial Asset Services, Inc. has launched a specialty group to handle title curative services to expedite property disposition. Read more >

FAS celebrates 30 year anniversary
February 2009 - Established in 1979, FAS has been a trusted leader in asset management services. Read more >