Integration provides organizations with the ability to access the robust analytic capability of LoanSafe Appraisal Manager from within Global DMS eTrac platform
LANSDALE, Pa., Oct. 18, 2016 – Global DMS, a leading provider of web-based compliant valuation management software, announced that it has integrated its eTrac platform with LoanSafe® Appraisal Manager™ from CoreLogic to provide lenders, investors and AMCs with detailed analysis that ensures appraisal quality and accurately assesses the potential risk for a repurchase.
“The new integration with LoanSafe Appraisal Manager complements our eTrac platform by providing clients with the ability to take advantage of comprehensive appraisal risk analysis,” said Vladimir Bien-Aime, president and CEO of Global DMS. “Utilizing this scoring technology can make the difference between accepting appraisals of high quality and those that may have increased valuation and quality issues.”
After LoanSafe Appraisal Manager scores the appraisal, users are provided with a report that gives reviewers and underwriters a detailed analysis of appraisal quality, valuation uncertainty, market volatility and more. This streamlines the appraisal review process and speeds up the underwriting turn times, saving time and money while enhancing accuracy and mitigating risk.
LoanSafe Appraisal Manager leverages nationwide, up-to-date, market-specific CoreLogic data covering 99 percent of U.S. residential properties.
Global DMS’ valuation management eTrac platform enables organizations to cost effectively, efficiently and compliantly manage the entire appraisal management process from vendor management to appraisal ordering, assignment, tracking, reviews, delivery and reporting. The system accompanies a powerful workflow engine that uses customizable business rules to automate workflows.
About Global DMS
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company’s solution set is cost effectively delivered on a Software-as-a-Service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. The company’s solutions include its eTrac® valuation management platform, eTrac Web Forms, Global Kinex®, AVMs and Data Analytics products, the MISMO Appraisal Review System (MARS®) and AMCmatch.com. For more information, visit the company’s website at www.globaldms.com or call (877) 866-2747.