LRES Deploys Latest Version of DirectConnect

""LRES"":http://www.lres.com/, an Orange County-based provider of commercial and residential valuations and asset management for the mortgage, banking, credit union, and real estate industries, announced the latest version of LRES

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DirectConnect, an integration framework enabling clients and third-party systems to integrate into the LRES LINK order management platform to optimize appraisal order processing.

The latest version's enhancements enable data to meet the uniform standard as determined by the Mortgage Industry Standards Maintenance Organization (MISMO). The upgrade means data can be more easily shared across all systems, speeding up the valuation process and ensuring full compliance.

""Our latest version of DirectConnect enhances the speed, accuracy and risk management capabilities with which we process orders for appraisals,"" said LRES CEO Roger Beane. ""Lenders can use these enhancements to reduce the time and energy they spend on the appraisal process and increase their focus on closing more loans.""