Appraisal reviews are an essential component of the valuation management process – ensuring both accuracy and compliance. Many software platforms, however, only allow their users to complete these reviews on the backend, leaving lenders in the dark as to what is being flagged on their appraisals.
Read MoreTopics: Lenders, appraisal technology, collateral management, eTrac Enterprise Solutions, Mortgage Companies, Compliance, MISMO, MARS, Appraisal Process Management, Credit Union
Having a seamless, workflow-driven valuation management process will allow for quick, easy configurations and will all but eliminate manual touch points. Lenders and AMCs that take advantage of this unique automation technology are sure to increase their own efficiencies, reduce costs, and become even more valuable to their consumer or lender-clients due to quicker turn-times and more accurate reports.
Read MoreTopics: GSE, Lenders, appraisal technology, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, Keeping Collateral Management Compliant, MISMO, UAD, MARS, Appraisal Process Management, USPAP, Credit Union, AMC
Appraisal reviews are an essential component of the valuation management process – ensuring both accuracy and compliance. However, most software platforms only allow you to complete these reviews on the backend, leaving lenders in the dark as to what is being flagged on their appraisals.
Read MoreTopics: Lenders, appraisal technology, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, Compliance, MISMO, MARS, Appraisal Process Management, Credit Union
Utilizing an in-house appraisal panel has numerous benefits, but can be quite stressful to manage without the right system in place.
Read MoreTopics: Lenders, appraisal technology, Vendor Management, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, Compliance, State Licensing, MARS, Appraisal Process Management, Credit Union
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