Global DMS Integrates With CoreLogic’s LoanSafe Appraisal Manager

Global DMS has announced that it has integrated its eTrac platform with the LoanSafe Appraisal Manager from CoreLogic to provide lenders, investors and AMCs with a detailed analysis that ensures appraisal quality and accurately assesses the potential risk for a repurchase.

“The new integration with LoanSafe Appraisal Manager complements our eTrac platform by providing clients with the ability to take advantage of comprehensive appraisal risk analysis,” said Vladimir Bien-Aime, president and CEO of Global DMS. “Utilizing this scoring technology can make the difference between accepting appraisals of high quality and those that may have increased valuation and quality issues.”

After LoanSafe Appraisal Manager scores the appraisal, users are provided with a report that gives reviewers and underwriters a detailed analysis of appraisal quality, valuation uncertainty, market volatility and more. This streamlines the appraisal review process and speeds up the underwriting turn times, saving time and money while enhancing accuracy and mitigating risk.

LoanSafe Appraisal Manager leverages nationwide, up-to-date, market-specific CoreLogic data covering 99 percent of U.S. residential properties.

Global DMS’ valuation management eTrac platform enables organizations to cost effectively, efficiently and compliantly manage the entire appraisal management process from vendor management to appraisal ordering, assignment, tracking, reviews, delivery and reporting. The system accompanies a powerful workflow engine that uses customizable business rules to automate workflows.