the adviser logo

CBA to stick with Valuation Exchange

by Staff Reporter7 minute read
The Adviser

The Commonwealth Bank has renewed its contract with valuation panel manager Valuation Exchange (ValEx) for a further three years.

CBA general manager of mortgage wealth James Sheffield said outsourcing valuation to ValEx had seen the bank achieve “operational efficiencies and improved valuation quality”.

Mr Sheffield said ValEx offered the bank greatest transparency in the valuation process because of its ability to capture all valuations by panel valuers throughout Australia in the one management reporting system.


Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more