Subscribe to the print edition of National Mortgage Professional MagazineSubscribe to our RSS feedFollow us on TwitterGet daily updates via emailJoin us on Facebook

appraisals

ValuTrac Announces Integration With FNC's AppraisalPort Offering

ValuTrac_Logo_10_08_13

ValuTrac Software has announced the integration with FNC, a provider of real estate collateral information technology. ValuTrac has integrated directly with FNC’s AppraisalPort to seamlessly facilitate the appraisal portion of the loan process. The integration is designed to increase efficiency and mitigate risk for ValuTrac customers by automating complicated appraisal steps.Click to continue

New Appraisal Institute Book Addresses Latest Methods for Valuing Contaminated Properties

Appraisal Institute Logo

Properties impacted by contamination raise challenging appraisal issues, according to a new book from the Appraisal Institute. Valuing Contaminated Properties: An Appraisal Institute Anthology, Volume II published this week by the Appraisal Institute helps appraisers understand the history and development of widely recognized and generally accepted methods for handling assignments involving contaminated properties.Click to continue

Allstate Appraisal and Bradford Technologies Partner on New Valuation Offering

Handshake Grip Pic

Allstate Appraisal and Bradford Technologies have launched Valuation Express, a new desktop appraisal product incorporating a third party inspection of the property. Valuation Express reports are prepared by licensed and certified appraisers with local market knowledge and expertise, using traditional and statistical analysis to support the subject property’s value.Click to continue

CoesterVMS Integrates with a la mode’s Mercury Vendor Management Portal

Coester_VMS_Logo

CoesterVMS, a nationwide provider appraisal management and technology, has integrated its Cloud Control appraisal management service into a la mode’s Mercury Vendor Management Portal. Mercury users are now able to use the system to place appraisal orders into the CoesterVMS platform. Lenders are tasked with managing the compliance and regulatory requirements associated with firewalls used to protect systems and information.Click to continue

Global DMS Launches New Mobile App for Appraisers

GlobalDMS_Logo

Global DMS, a provider of Web-based compliant valuation management software, announced that it launched Appraisal Tracking On Mobile (ATOM), an application that arms appraisers with robust functionality, instant access to information, and communication capabilities that facilitates greater productivity in the field.Click to continue

LRES Expands Client Relations Division

LRES_Logo_01_10_13

LRES has announced the expansion of its client relations division to increase client care and process efficiency to accommodate the influx of new client accounts. As part of the expansion, LRES has allocated additional resources toward the client relations division, adding more budget and personnel to support increased customer communications and additional client visits, calls and client-facing promotional activities.Click to continue

RES.NET-Powered Valuation Portal Upgraded for USRES

USRES_Logo_07-15_14

USRES has completed a significant enhancement to its proprietary valuation portal, powered by RES.NET. The solution now provides improved security to borrowers by allowing them to securely pay for appraisals through the portal rather than share credit card information over the phone. This enhancement provides loan officers an added option for completing the payment portion of the appraisal ordering process once they order an appraisal through USRES’ online ordering system.Click to continue

Appraisals in Disaster Areas

466433611.jpg

Question: What documentation is required after the appraisal is completed and the subject property is located in a disaster area?

Answer ...
With hurricane season and wild fires in full swing, the question is common to all agency types of loans: FHA, VA, Conventional, and USDA. Such natural disasters include, but are not limited to, hurricanes, mud slides, rising waters/flooding, wild fires, tornadoes, et cetera.Click to continue