If you’re frustrated by your appraisal management process, you’re not alone. Lenders often cite the appraisal process as one of the least predictable and least automated steps of the loan process. There are many reasons for this, but a big factor is whether or not you have the right appraisal management technology platform.Read more
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The days of tracking real estate appraisal assignment, fees, appointment dates, completed appraisal report, etc. in spreadsheets and emails are over. Lenders who manage their own appraisals and property valuation – or ones who use a hybrid model of in-house and outsourced appraisers – need a technology platform that facilitates and tracks the communication betweenRead more
Appraisal management is often overly complex. Outdated processes and technologies add unnecessary administrative overhead and result in miscommunication and compliance risk. With multiple internal, external and client stakeholders involved in the appraisal process, clear communication and efficiency are a must. Appraisal management workflow automation has become a necessity for lenders – but many struggle withRead more
We are excited to announce that the AppraisalWorks appraisal management platform is now available through the ICE Mortgage Technology™ Platform — empowering lenders to drive greater quality and efficiency in the loan origination process, standardize vendor interactions, and enhance the borrower experience.Read more