has announced the launch of remote data collection technology to enable interior property inspections to be conducted virtually when more than an exterior inspection is required. The Directed Remote Data Collection (DRDC) technology solution from Accurate Group’s GroundWorks division, enables independent property data collectors to work directly with homeowners in a remote setting, to collect property data and photos in real-time.
Accurate Group provides the digital framework and modernized appraisal processes its clients need to remain competitive in today’s and tomorrow’s real estate lending environment. The COVID-19 pandemic poses new challenges for real estate lenders. While interest rates are low, fueling demand for home refinance, purchase and home equity loans, borrowers are wary of letting strangers–including appraisers and property data collectors–into their homes.
“By using our DRDC technology, lenders are able to keep their businesses on track during this challenging time, while keeping borrowers and property data collectors safe and engaged,” said Paul Doman, president and chief executive officer of Accurate Group. “To truly enable a complete digital mortgage, lenders need to think more holistically and build out an end-to-end technology platform that supports the entire process. Our appraisal, property data collection, title and closing technologies are designed to plug into any digital platform, making Accurate Group the ideal choice for lenders who want to drive greater efficiency, improve loan turn times and ultimately better serve the consumer.”