PrimeLending Implements Global DMS’ eTrac Platform

In Pennsylvania, Global DMS announced that national mortgage lender PrimeLending has successfully implemented the software provider's eTrac valuation platform.

Engineered to assistant lenders in keeping compliant with state and federal regulations, eTrac integrates tightly with PrimeLending's loan origination system of choice, CoreLogic ChannelMaster, allowing the lender to automate its previously manual processes and ensure compliance and consistency throughout the appraisal process.

"The ability of our solution to effectively handle the type of volume that PrimeLending produces demonstrates the scalability of our platform," said Vladimir Bien-Aime, president and CEO of Global DMS. "eTrac has a seamless interface to PrimeLending's ChannelMaster platform, which streamlines their unique workflow and offers them the flexibility to fully control and have transparency over their in-house appraiser panel."

The modularity of the Web-based eTrac platform allowed PrimeLending to implement the solution in phases, limiting the potential for interruptions or disruptions to the company's operations.

"Global DMS' eTrac platform has enabled us to streamline the appraisal process for all of our staff members," said Tim Elkins, EVP and chief information officer of PrimeLending. "We have our own panel of appraisers, which eTrac allows us to efficiently manage internally. Since the implementation of eTrac, we have realized quicker turn times, greater employee productivity, workflow efficiencies and cost savings."