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For more information contact:
Angie Tavarez
JVI Appraisal Division, LLC
951 Market Promenade Avenue
Suite 2101
Lake Mary, FL 32746
Phone: (407) 531-5333
atavarez@jvireo.com

FOR IMMEDIATE RELEASE

Herbert L. Jourdan, Jr. Elected to The Appraisal Foundation Board of Trustees

Lake Mary, FL (July 21, 2009) – JVI Appraisal Division, LLC announces that its Chief Appraiser Herbert L. Jourdan, Jr., MAI, SRA, has been elected to the Board of Trustees of The Appraisal Foundation. The Appraisal Foundation is governed by a Board of Trustees, which is charged with the following:

• Providing financial support for the work of the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB)
• Appointing members to the AQB and the ASB, and
• Oversight of the activities of the AQB and the ASB.

The Board of Trustees currently is composed of 27 individuals and holds meetings, which are open to the public, in the spring and fall of each year.

According to Ron L. Nation, President and founder of JVI, “It is an honor for JVI to have Herb elected to the Board of Trustees. Having our Chief Appraiser involved in the oversight of the activities of the Appraisal Qualifications Board and the Appraisal Standards Board means that Herb is at the pulse of decision making for the Appraisal Foundation and for standards for appraisals and qualifications for appraisers nationwide.”

About JVI

JVI Appraisal Division, LLC is a full-service valuation company with a host of traditional and non-traditional appraisal products. JVI’s purpose is to assist in solving the challenges of non-performing assets facing the lending industry today. For nearly two decades, JVI has specialized in the valuation of REO properties and large volume projects. JVI is an appraiser-owned and operated company founded in 1991 by Ron L. Nation, MAI, SRA and Chief Appraiser Herb Jourdan, MAI, SRA. With over 65 years combined experience in the valuation industry, JVI specializes in REO valuations and HUD contracts, as well as re-fi and origination. The JVI extensive experience with distressed asset and portfolio evaluations provide efficient client solutions in order to effectively manage their entire portfolio of assets.
www.jvireo.com