Collateral underwriting turn times have been slowing for more than a decade as new guidelines, overlays and documentation processes add to an already-long appraisal review process. This case study explores how Sierra Pacific Mortgage worked with CoreLogic’s Mercury Network collateral platform and its built-in RealView QC solution to successfully implement a risk-based automated appraisal review.
This white paper offers a look at how CoreLogic was able to configure a comprehensive tool that allowed Sierra Pacific to significantly increase underwriting capacity, improve loan approval times, enhance compliance efforts and deliver higher-quality valuations.
Publisher: CoreLogic
Date: November 2020
