Based in Lake Forest, Calif., USRES, a provider of management solutions for real estate assets, now enables customers to automatically order, route, track and complete origination and default valuation orders.
In addition, Flagstar Bank named USRES as its approved appraisal management company.
“For many years USRES has been an appraisal management company of choice for top servicers, and we are now harnessing more than 20 years of expertise in valuations to provide a total quality control solution,” said Keith Guenther, CEO of USRES and RES.NET.
“The platform manages timelines, cost analysis, vendor/AMC compliance and valuation variances, eliminating the burden of time and labor intensive due diligence. The introduction of these upgrades will result in USRES eliminating compliance concerns as well as significantly increasing efficiency gains for our valuations clients,” Guenther added.
The new upgrade allow users to define automated routing rules and gives them complete visibility into each transaction, flagging items that need further attention.