Veros Real Estate Solutions
has announced that its Sapphire valuation management platform is now available through Ellie Mae’s Encompass
all-in-one mortgage management solution. The seamless integration allows lenders to place orders through Encompass to Sapphire, where the clients can manage their own panel of appraisers or AMCs to drive quality and efficiency in the loan origination process.
The secured integration gives clients of Ellie Mae the option to order appraisals directly through their own panel of appraisers as an alternative to ordering through AMCs. While never losing connectivity with Encompass workflow, lenders now have access to engage their vendors in a more direct approach utilizing routing and review rules specific to their organization.
“More and more lenders are seeking greater direct control of the vendor management and report acceptance components of the appraisal workflow–Veros’ Sapphire integration provides that capability,” said David Rasmussen, senior vice president of operations for Veros.
The integration offers mortgage lenders of all sizes the ability to leverage their own pool of appraisers specific to their organization and rules within Sapphire. Because Sapphire is able to manage orders automatically, incorporating both system- and customer-specific validation rules, users of the Encompass-Sapphire connection will appreciate the direct influence on transparency, fees, timelines and overall quality control.
“Veros is delighted to partner with Ellie Mae to enable lenders to simplify the appraisal ordering process, drive relationship management and quality controls so they can stay focused on growing their business,” said Rasmussen. “We look forward to a long, successful relationship with Ellie Mae.”