AppraisalWorks is a cloud-based appraisal management technology platform. The technology allows banks, credit unions, loan servicers and mortgage lenders to order, review, manage, maintain and analyze real estate appraisals and collateral valuations. It improves process efficiency, ensures regulatory compliance and facilitates collaboration between lenders, processors, appraisers and borrowers; thus, significantly improving loan turnaround time, reducing cost per loan and enhancing the borrower experience.
- It leverages next-gen technology to deliver on-demand control over the appraisal management function.
- The platform manages complex compliance regulations without a drain on internal resources.
- Turnkey process automation, dynamic work queues and flexible business rules
Loan Origination, Servicing and Secondary