Have you ever tried to implement a new software platform only to find that it can’t be configured to match your specific business model? This unfortunate norm not only frustrates staff, it requires organizations to completely alter their processes to accommodate the new system – leading to confusion, longer turn-times, and increased risk.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, Vendor Management, collateral management, appraisal technology, eTrac Enterprise Solutions, Compliance
Lenders that utilize multiple AMCs to complete their real estate valuations know firsthand how challenging this process can be to manage on a daily basis.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, appraisal technology, Compliance, Vendor Management, eTrac Enterprise Solutions, Global DMS, cloud computing, collateral management
Technology integrations help ensure process efficiency by providing users with seamless access to valuable data. At Global DMS®, we understand the importance of these integrations and strive to provide the data you need when you need it for all your valuations.
Read MoreTopics: Lenders, AMCs, Credit Union, Mortgage Companies, AVMs, eTrac Enterprise Solutions, Appraisal Process Management, appraisal technology, collateral management
As technology and market data continue to improve, Broker Price Opinions (BPOs) have become a popular appraisal-alternative for lenders – especially when estimating the value of a property prior to its purchase or sale, for understanding collateral value when securing a new loan or refinancing, when estimating liquidation value, and more.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, eTrac Enterprise Solutions, technology, cloud computing, collateral management
Having a seamless, workflow-driven valuation management process allows for quick, easy configurations and will all but eliminate manual touch-points.
Read MoreTopics: AMCs, Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, eTrac Enterprise Solutions, MARS, residential mortgage industry, appraisal software, appraisal technology, MISMO, UAD, Compliance, collateral management, GSE
Does your current commercial valuation platform truly provide the functionality you need? More importantly, does it fit your unique business model and allow you to close your commercial loans as efficiently as possible?
Read MoreTopics: Commercial, EVO-C, Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, appraisal software, appraisal technology, Vendor Management, cloud computing, technology, Compliance, Global DMS, collateral management
When the mortgage industry thinks about the benefits of valuation management technology, it’s generally associated with compliance adherence, cost reductions, and efficiency gains. However, one key piece of functionality is typically absent from not only the minds of most decision makers, but also from most online appraisal management platforms: configurable workflow automation.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions, residential mortgage industry, cloud computing, technology, collateral management, Vendor Management
Fannie Mae recently announced that effective immediately, it will no longer require Form 1004MC (known as the Market Conditions Addendum) as part of appraisal reports. The GSE’s Selling Guide has been updated to reflect this change.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, Fannie Mae, GSE, Appraisal Process Management, Compliance, appraisal forms, collateral management
Global Kinex® is Global DMS’ automated technology solution for seamlessly delivering appraisals to both the UCDP® and EAD portal. In addition to its automation capabilities, another unique feature of Global Kinex is that it can be implemented as a stand-alone solution or in conjunction with our valuation management platform, eTrac® Enterprise.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, UCDP, residential mortgage industry, eTrac Enterprise Solutions, global kinex, Appraisal Process Management, Compliance, collateral management, MISMO XML, UAD, appraisal technology, Fannie Mae, Freddie MAC
The Appraisal Institute recently issued a new guide on how to complete and use the organization’s 820.05 version of the Residential Green and Energy Efficient Addendum.
Read MoreTopics: Appraisers, AMCs, Lenders, Appraisal Process Management, Compliance, residential mortgage industry, collateral management, MISMO
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