Several valuation firms have joined forces to improve client product offerings. One service provider is supporting trade groups, and individuals at two other firms have been recognized for achievements.
LRES said last month that its client relations division was expanded as it works to accommodate an influx of new clients. The expansion includes the LRES 360 Program initiative that provides more focus on new clients during the first 360 hours after they come on board.
Also last month, PCV Murcor said its appraisals are being offered through the Point loan origination system from Calyx Software, a Mortgage Daily advertiser. The integration promises to enable Calyx clients to quickly and securely order and track appraisals from the Pomona, Calif.-based valuation provider.
Platinum Data’s RealView appraisal quality software was integrated into Global DMS’ eTrac appraisal management platform to create easy access to appraisal quality and compliance analytics. An Aug. 12 statement indicated clients of both firms can efficiently manage the valuation process and analyze all appraisals for a multitude of factors that can compromise appraisal quality.
An earlier news release from Lansdale, Pa.-based Global DMS said that it had formed a strategic alliance with Collateral Analytics. The alliance gives Global DMS customers access to Collateral Analytics’ automated valuation models, data analytics products and risk management solutions.
The Home Junction AVM has been made available through LoanLogics’ LoanHD life-of-loan performance management platform, a recent press release said. The AVM reportedly is affordable and index-based.
“Our clients now have access to accurate valuations that are affordable enough for them to perform an AVM on every mortgage loan they are originating,” Don Smith, LoanHD senior product manager for LoanLogics, said in the statement.
REALM, a propriety system that gives appraisers and AMCs online tools to efficiently and cost-effectively meet all regulatory requirements, is being provided by Comergence to the more than 175 certified appraisers that work for Metro-West Appraisal Co., a news release last week said. For an annual fee, appraisers establish a profile that can be shared with vendors. The service provides status updates to AMCs and lenders, delivers ongoing insight and enables efficient management of relationships.
a la mode said earlier this month that 10 appraiser groups joined its Community Partnerships Program. The program promises to provide appraiser organizations with tools to grow their ranks, reduce costs and increase visibility.
In San Jose, Calif., Bradford Technologies announced last month that its founder and chief executive officer, Jeff Bradford, received the Collateral Risk Network’s Valuation Visionary Award for 2014.
The chief appraiser for Genworth Mortgage Insurance was among the first 30 practitioners in the country to earn the Appraisal Institute’s Residential Review Specialist designation, the Richmond, Va.-based company recently announced.
