AppraisalWorks chosen to improve profitability and increase scalability while delivering a much-improved experience for both external and internal partners CLEVELAND, OHIO – August 1, 2023 – AppraisalWorks, a leading provider of real estate appraisal technology, today announced Symmetry Lending has fully implemented the AppraisalWorks™ appraisal management technology platform to streamline and automate the productionRead more
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Challenging real estate market conditions and profitability pressures have lenders contemplating how to streamline operations and increase profit margins. Borrower concerns about high interest rates have dominated the news cycle. Waves of layoffs across industries has everyone on edge. The go-to model of reducing overhead while demanding more from employees is rarely successful in theRead more
Mortgage lenders and servicers need better, more accurate reporting, and the appraisal management function is long overdue for improvement. Keeping an eye on appraisal status, appraiser turn times and revisions rates is helpful, but retroactive reporting can only take you so far. To really transform appraisal management, lenders and servicers are tapping intoRead more
The pace of change in the real estate lending industry has accelerated dramatically and factors such as interest rates, industry regulations and audits are forces beyond a lenders’ control. Combine these with the daily pressures of retaining consumer business, accelerating loan cycle times, and improving profitability, many real estate lenders face sleepless nights. In thisRead more
Appraisal Management Platform Honored for Technology InnovationRead 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 Outdated processes and technologies add unnecessary administrative overhead and result in miscommunication and compliance risk.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