Skip to main content

StreetLinks Partners With InHouse Connexions for Automated Appraisal Reviews

NationalMortgageProfessional.com
Mar 12, 2014

StreetLinks Lender Solutions has announced a partnership with InHouse Connexions, which will make automated appraisal review technologies, StreetLinks QX and ValueComp, available to lenders operating within the Connexions platform. The integration between the StreetLinks and Connexions platforms will give eligible lenders the ability to order a StreetLinks QX or ValueComp report for any appraisal order placed through Connexions. “As regulations tighten, proper quality control measures are at the top of everyone’s mind,” said Jennifer Creech, CEO and president of InHouse, Inc. “The partnership with StreetLinks allows us to offer our clients industry-leading solutions that will strengthen compliance capabilities and QC precision to reduce their exposure to regulatory risk.” StreetLinks QX is a comprehensive collateral review solution that combines sophisticated automated review utilities with a highly focused manual underwriting process. Recently named one of the 100 most innovative technology solutions in the mortgage industry, StreetLinks QX accelerates the appraisal review process and increases clarity, quality and accuracy in appraisal reports. ValueComp is an industry-leading automated review model and comparable validation tool specifically engineered to technologically replicate a local review appraiser’s execution. ValueComp analyzes each appraisal against StreetLinks, Equifax, MLS and public data sources to validate the comparables used to derive the original value and recommend the most appropriate comps for the subject property. InHouse lenders will be able to order StreetLinks QX and ValueComp reports independently or together to arm review staff with a clear explanation of comp selection and executable action items that can be used as a guide toward the best next steps in an appraisal review. “It’s always exciting to partner with organizations that share the same commitment to quality,” said Kelly Taylor, SVP of StreetLinks. “After completing over 1,000,000 StreetLinks QX reviews internally, we’ve seen a 40 percent reduction in collateral underwriting times. We’re pleased to be able to extend these efficiencies to InHouse clients.”
Published
Mar 12, 2014
More from
Tech
E-Closing Technology: Norcom Mortgage’s Implementation Lessons

Norcom Mortgage outlines its implementation lessons learned as the company transitioned to its digital experience.

Tech
Sep 17, 2021
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Tech
Sep 14, 2021
NAMB Partners With Dell Technologies

Offers Discounts To Members To Help With Technology Upgrades

Tech
Sep 13, 2021
Notarize And Snapdocs Announce Partnership

Notarize and Snapdocs, Inc. entered a partnership in which brings two digital closing companies together in hopes to further streamline the closing process.

Tech
Sep 09, 2021
Hold The Phone: Agile Formally Launches Platform For TBA MBS Quotes

Trade Auction Manager Allows Small to Mid-Size Broker Dealers To Quote Digitally

Tech
Sep 09, 2021
SimpleNexus Approved As eClosing Solution Provider For Both GSEs

SimpleNexus, a homeownership platform developer, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider.

Tech
Sep 07, 2021