Skip to main content

ACI To Help Power AppraisalVision's Appraisal Review Platform

Navi Persaud
Dec 01, 2020
AppraisalVision logo

AppraisalVision, a company providing an on-demand platform for home appraisals, has signed an agreement with ACI. As a result of the agreement, ACI will help power AppraisalVision's SMARTReview, an appraisal quality control and review platform for lenders, appraisal management companies and appraisers.

SMARTReview is a risk-based appraisal quality control and review platform. It allows a lender to extend, standardize and automate their appraisal QC and review process across all of their AMCs and appraisers, according to a press release. SMARTReview is built on ACI's Sky API and PAR Logic compliance library. It provides a single platform for all participants to collaboratively review and approve the appraisal report, to help improve efficiency and quality.

"We have seen an 80% reduction in underwriting revisions when an AMC utilizes SMARTReview, prior to delivery of the appraisal report to the lender," said Jim Cutillo, founder and CEO of AppraisalVision.

According to the release, SMARTReview is currently in production with several national lenders, AMCs and appraisers. It is also integrated with UCDP/EAD and Fannie Mae's appraisal API.

Dec 01, 2020
More from
Total Expert Introduces New Functionalities And Products For Banks And Lenders

Total Expert upgraded its CRM and customer engagement platform with a series of new functionalities and products.

Oct 22, 2021
Blend Launches New Income Verification Product

Blend Income Verification is a new product for financial services firms that provides instant income verification for mortgages and soon, consumer loans and deposit account opening.

Oct 21, 2021
ICE Mortgage Announces 0 Percent Loans For HFA Borrowers

ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.

Oct 20, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Oct 19, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Oct 18, 2021