rax Asset Solutions LP, a national collateral valuation provider, is the most recent company to announce its adoption of the Broker Price Opinion Standards and Guidelines (BPOSG). The BPOSG are a compilation of standards and best practices for broker price opinion practitioners created by the BPO Standards Board, in conjunction with the National Association of BPO Professionals. Equi-Trax says the BPOSG is consistent with the company's valuation standards. ‘These standards are important for our industry, especially now,’ says Guy Taylor, CEO of Equi-Trax. ‘We encourage the vendors we work with to follow these guidelines, and because everyone we work with is quality-rated after each transaction, it quickly becomes clear which vendors are taking these standards seriously.’ SOURCE: Equi-Trax Asset So
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