In addition to attending the MBA 98th Annual Convention & Expo http://events.mortgagebankers.org/98th_annual/default.html, Global DMS will be sponsoring the Mortgage Technology 2011 Tech Awards http://www.nationalmortgagenews.com/technology/rsvp.html for the third straight year.
Global DMS’ Global Kinex Directly Integrated to Deliver Appraisals through GSEs’ Uniform Collateral Data Portal
Company offers special $1-per-file pricing to entice lenders’ and AMCs’ early adoption use of soon-to-be required new delivery portal
Bradford Technologies, a provider of valuation tools and solutions for residential real estate appraisers and parent of the Appraisal World online community for appraisers, has announced that the AppraisalWorld national network of CVR Specialists is now integrated with Global DMS’ eTrac real estate appraisal process management software.
Matt McHale is founding partner of Global DMS, a technology company in Upper Gwynedd. Global DMS provides Web-based appraisal management software used by mortgage brokers and real estate appraisers. McHale attributes the success of his company to another bubble burst, the real estate market of 2007. After the market imploded, the federal government created the Home Valuation Code of Conduct in an attempt to reduce fraud in the mortgage industry. This, in turn, created stricter guidelines for real estate agents and appraisers to follow. "With our system we made it easy for them to stay compliant with the new guidelines," he said. "Because of everything that happened, from the end of 2007 to now, we've doubled each year in sales."
Global DMS is proud to introduce our next version of Webforms in our online appraisal management program. New features include new Arial Maps and Listings.
REQUIRED READING: These days, there is a big push across the industry for greater transparency. All parties, from originators to investors to regulators, want to be able to see more details. Everyone wants access to more information, and everyone wants to see exactly what's transpiring inside the current transactions.
Industry specialists discuss where the industry is headed in light of The Daodd - Frank law, Appraiser Independence, MISMO, and many other current issues effecting appraisers.