In the midst of trying to maintain workflow with a smaller staff, there remains an increasing focus on effective appraisal analysis. Regulatory requirements, investor demands, corporate management, and now disclosure to the borrower have elevated the collateral analysis to the same level of scrutiny as financial analysis. Fortunately, great progress has been made in automated tools and services for appraisal analysis.
Read More »Mercury Network Waives Report Fees for Tornado-Ravaged Areas
In response to recent catastrophic weather conditions in Arkansas and other parts of the Midwest and South, a la mode’s Mercury Network will waive transaction fees for all disaster reports in impacted areas for 90 days, the technology vendor announced.
Read More »LRES CEO: Sound Transactions Depend on Sound Data
In an interview with host Louis Amaya for "Mortgage Markets Today," LRES founder and CEO Roger Beane asserted that even though there have been many changes in the real estate and mortgage banking industry, appraisers will always be in demand: "Our customers have told us they are still very interested in having the signature from a licensed appraiser attesting to the value."
Read More »CRS Launches Desktop Evaluation Service for Lenders
Collateral Risk Solutions (CRS), a specialist in value assurance since 2001, announced the launch of its new Desktop Evaluation service as a response to demand for a reliable and economic alternative to field appraisals.
Read More »Valuation Vision, Zaio Partner in New Product Launch
In California, Valuation Vision (V2) announced its valuation management platform has been selected as the technology of choice for appraisal firm Zaio’s newly launched GEAR AP product.
Read More »Axios Approved as AMC for Flagstar
Axios Valuation Solutions, a wholly owned subsidiary of eMortgage Logic, has been named as an approved appraisal management company (AMC) by Flagstar Bank.
Read More »Assurant Expands Mortgage Business with StreetLinks Acquisition
Assurant, Inc., a provider of specialty insurance and services for lending and property markets, announced its acquisition of StreetLinks LLC, a provider of appraisal and valuation solutions.
Read More »ASC Names Lincoln Appraisal President to Regulatory Committee
George Demopulos, president and chief valuation officer for Lincoln Appraisal & Settlement Services (LASS), has accepted a two-year term on a subcommittee for the Appraisal Subcommittee.
Read More »Freddie Mac Selects Clear Capital for Data Validation
Clear Capital’s quality control platform, ClearQC, has been selected as the technology of choice to validate appraisal data of submissions in Freddie Mac’s Uniform Collateral Data Portal (UCDP), the California-based data and tech provider announced.
Read More »Global DMS Announces Integration of eTrac with CoreLogic Solution
In Pennsylvania, Global DMS announced the integration of its eTrac Enterprise platform with the CoreLogic ChannelMaster Enterprise Lending Solution (ELS).
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