Real estate appraisal management company StreetLinks National Appraisal Services on Monday announced the integration of its systems with loan origination software provider Ellie Mae, expanding the reach of compliant services just days after a new regulation cracked down on appraisals. The partnership allows users of Ellie Mae’s Encompass software to order appraisals through StreetLinks and receive completed reports within their loan origination system and without having to use separate systems or risk duplicate entries often associated with a less streamlined approach. “Through this integration, lenders can launch an appraisal order with the push of a button from within their loan origination system,” StreetLinks chief operating officer Tony Ebeyer said in a media statement. “This will reduce processing time and eliminate errors inherent in duplicate entry.” Accuracy of information, especially when it comes to the appraisal process, is even more important now that the May 1st deadline has passed and the revised Home Valuation Code of Conduct has officially become effective. The code essentially requires the selection and assignment of appraisers on a blind basis via independent, third-party platforms to avoid conflicts of interest and fraud. StreetLinks, which recently announced the expansion of its Indianapolis-based operations center, is a non-influence, fully HVCC-compliant appraisal management service provider offering compliance solutions to mortgage bankers. Write to Diana Golobay at [email protected].
Ellie’s Encompass Gets HVCC-Compliant
Most Popular Articles
Latest Articles
Selling your home to a family member in 5 easy steps
Selling your home to a family member can be beneficial but requires careful planning and transparent communication. Follow these five steps to ensure a smooth transaction, from agreeing on logistics and assembling a professional team to determining your home’s value and understanding tax implications.
-
FOA reverse stock split goes into effect, appears to have intended impact
-
Senate Aging Committee leaders introduce bill on aging in place
-
HousingWire Pulse: Respondents show cautious optimism about the Q3 housing market
-
US Senate committee approves full funding for Ginnie Mae
-
Connecticut Senator asks HUD for answers on backlog of discrimination complaints