ValueLink, the industry-leading provider of valuation management products, announced that it has integrated ValueLink appraisal management software with LendingQB’s end-to-end loan origination software (LOS).
With the recovery of the US housing market continuing at a steady pace, it has become imperative on Lenders, AMCs and Appraisers to adopt technology to simplify the appraisal management process. Managing hundreds of orders manually is time-consuming and taxing on an organization’s resources.
The housing industry is abuzz with the upcoming deadline for the implementation of the TILA-RESPA rule. The rule goes into effect on August 1, 2015 and has sent creditors scrambling to update their processes and systems to comply with the regulations.
Appraisal Management Software has simplified the once complex and time-consuming exercise of managing the appraisal process. Lenders, AMCs and Appraisers can all access a single platform from which they can manage the entire appraisal process from the placement of the order to the review and delivery of the appraisal report.
