StreetLinks LLC has announced that it will soon be launching several new product channels, along with a new corporate identity. With a new name and new look, StreetLinks Lender Solutions will soon offer best-of-breed lender-executed appraisal management software, Broker Price Opinions (BPO) and a full suite of revolutionary automated valuation and review tools. The company predicts large capture rates of market share as they experienced for their full service appraisal management (AMC) channel.
“Our vision has always been to provide the best products and services in the industry, which until this point, has been our full service AMC platform. We’ve established ourselves as a leader in the AMC space by committing to do business the right way and by bringing clear differentiation, best execution and thus, best value to our customers,” said StreetLinks Chief Executive Officer Steve Haslam. “Similarly, we believe there are current market segments ready for the same type of revolution. Specifically, the BPO realm has become a highly commoditized product where servicers are forced to settle for what has always been. We plan to transform that.”
In a recent interview with National Mortgage Professional Magazine, Haslam revealed the proprietary technology, unique data sources, and appraiser-based regression methodology behind the company's new automated valuation solution, Intelligent Valuation Model (IVM).
“Our IVM products are in the final phases of advanced testing. While no automated solution can or should compete or take precedence over the work of an appraiser, our results are significantly outperforming name-brand AVM’s in valuation accuracy and consistency. Our goal is to provide originators and underwriters credible and reliable tools to more accurately estimate or validate realistic property value ranges as a compliment to, not a replacement for, traditional appraisal products," said Haslam in the interview with National Mortgage Professional Magazine which will appear in the March 2011 edition.
StreetLinks recently announced the launch of LenderX, a lender-executed appraisal management platform. StreetLinks is so confident in their new offering that they have put forth a challenge and a guarantee that any lender who previews the LenderX platform will agree that it is the best lender-executed appraisal management software on the market or StreetLinks will pay $1,000 to the lender’s favorite recognized charity.
“Lenders and servicers deserve and should demand more—the best products and services that afford them accuracy and great service, while allowing them to run leaner and more efficiently. StreetLinks is that kind of partner,” said Tom Hurst, StreetLinks executive vice president. “Our range of appraisal management products now allows us to provide appraisal services to any lender, exactly the way they want it. In addition, we’ll bring an innovative approach to procuring and delivering BPOs to elevate a market segment that has been stagnant over the past two decades.”
StreetLinks’ full service AMC offering, LenderPlus, and their lender-executed appraisal management software platform, LenderX, are currently available. StreetLinks will be launching its new brand, along with an updated Web site showcasing the new products on Feb. 1, 2011. The BPO product line is slated for launch on April 1, 2011.
For more information, visit www.streetlinks.com.