Next week, the FHA will begin implementing several updates for its EAD portal and other appraisal-related functionality in FHA Connection. According to the Administration’s announcement, changes will be made to the Appraisal Logging screen, appraisal transfers, and digital signatures on appraisals.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, appraisal technology, Appraisal Process Management, Compliance, releases, technology, collateral management
Thanks to today’s fast-paced and regulatory-intensive housing market, valuation management technology is critical to a lender’s appraisal process for ensuring efficiency, accuracy, and 100% compliance.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions, mortgage software, cloud computing, collateral management, Vendor Management, residential mortgage industry
We all know the importance of appraisal-related forms and reports, as these essential components of the valuation process help monitor turn-times, improve overall performance, and assist with reviews – among many other things.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, appraisal technology, Appraisal Process Management, eTrac Enterprise Solutions, webforms, appraisal forms, collateral management, Vendor Management
Those that utilize an in-house appraisal panel understand its many benefits, but also its many stresses – especially when dealing with inadequate valuation software.
Read MoreTopics: AMCs, Lenders, Mortgage Companies, Appraisal Process Management, appraisal technology, residential mortgage industry, eTrac Enterprise Solutions, Global DMS, Vendor Management, collateral management, Compliance
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
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