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Refis, Refis: How to Handle Them in a Fluxuating Market
A la mode Rises Like MercuryMortgagePress.comA la mode, First American Corporation, eAppraiseIT, Mercury Network, MISMO, NASCO
A la mode inc. announced
that First American
Corporation subsidiary eAppraiseIT LLC plans to
begin testing new software, which will connect it to a la mode's
Mercury Network.
The network consists of true desktop software components and
lender-centric server software. Custom software plug-in products,
such as the Mercury plug-in, allow Mercury Network members in the
lender community to leverage a la mode's coverage, technology and
reputation with appraisers to enhance eAppraiseIT's trading partner
relationships. During the pilot, eAppraiseIT will test a custom
plug-in for Mercury, enabling its appraiser trading partners to use
their favorite form-filling software, regardless of brand. Contents
of the compressed-data container will include the Portable Document
Format (PDF) appraisal report and the Mortgage Industry Standards Maintenance
Organization (MISMO)-compliant XML tracking data. Workflow and
review rules designed by eAppraiseIT will pre-process the
report.
A la mode inc. also announced that Nationwide Appraisal Services
Corporation (NASCO) has joined the Mercury Network, and will
begin development of its own Mercury plug-in to check appraisal
data against both industry standard and company-specific business
rules.
A la mode inc., headquartered in Oklahoma City, is a real estate
technology provider. For more information, visit www.alamode.com or call (800)
A-LA-MODE.
eAppraiseIT LLC, headquartered in Poway, Calif., provides
mortgage lenders with property- related value assessments required
to measure loan risk. For more information, visit www.eappraseit.com or call
(800) 281.6200, ext. 2.
Nationwide Appraisal Services Corporation, headquartered in
Pittsburgh, provides nationwide provides appraisal and title
services. For more information, visit www.nascopgh.com or call (800)
920-0050.
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