Collateral Desktop Analysis provides transparency and efficiency to ValueLink customers by conducting appraisal reviews
Houston, TX – June 14, 2022 – ValueLink Software, the industry-leading provider of valuation management technology, today announced that it offers mortgage lenders automated ordering of Clear Capital’s Collateral Desktop Analysis (CDA®) through their appraisal management platform. ValueLink customers can easily set up automated ordering rules, which allow lenders to manage the geographic regions and volume of their CDA orders.
Designed to remove pre-funding uncertainty or support post-funding due diligence, CDA is an efficient, cost-effective method to determine if an appraisal under review is adequately supported. The CDA re-evaluates the original appraisal so lenders can deliver a comprehensive loan file quickly.
ValueLink’s order management solutions offer lenders and appraisal management companies (AMCs) the best-in-class technology and the widest range of valuation products. Complete automation from ordering to report delivery enables huge efficiency gains while ensuring quality and compliance.
In leveraging CDA, ValueLink customers unlock more utility in their work, including:
- Time saved in appraisal review identifying any red flags or actionable discrepancies from origination appraisal value
- Rapid turn time of a clear, thorough appraisal review, resulting in an increase in loan closing rate
- Efficient identification of the right reports to review deeper and escalate
- Detailed appraisal analysis helps to create a clear, data-rich report summary to support smarter investment decision making
“Our partnership with Clear Capital gives lenders access to innovative and industry-leading solutions in the most seamless manner,” said Aqil Ahmed, SVP – Operations at ValueLink. “The automated CDA ordering process takes it a step further bringing unparalleled efficiency gains in the risk review process.”
In addition to CDA, ValueLink offers multiple Clear Capital products through its appraisal management platform, including traditional appraisals, desktop appraisals, Broker Price Opinions (BPO), property inspections, property disaster inspections, commercial BPOs and commercial evaluations.
“We’re pleased to bring automated ordering of our Collateral Desktop Analysis offering to ValueLink’s customers and help additional mortgage lenders meet quality assurance requirements and reduce risk,” said Kenon Chen, EVP of Corporate Strategy at Clear Capital. “Ensuring quality, transparency and efficiency throughout the appraisal process are key factors in moving the industry forward, modernizing processes, and establishing national standards. Clear Capital is proud to be at the forefront of this movement.”
For more on Clear Capital and its products and solutions, visit ClearCapital.com.
About ValueLink Software
Founded in 2009 and headquartered in Houston, Texas, ValueLink Software provides the industry-leading valuation management technology for Lenders, Appraisal Management Companies and Appraisers to easily manage and track orders in real-time while ensuring regulatory compliance. Utilizing a combination of automation, AI, powerful functionality, and mobile technology, ValueLink Software is dedicated to making the appraisal process simple and efficient for the mortgage industry. For more information, visit valuelinksoftware.com.
About Clear Capital
Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. Our goal is to provide customers with a complete understanding of every U.S. property through our field valuation services and analytics tools, and improve their workflows with our platform technologies. Our commitment to excellence – wherever it leads, whatever it takes® – is embodied by more than 1,400 team members across four brands (Clear Capital, Clario, CubiCasa, and REO Network) and has remained steadfast since our first order in 2001.