SharperLending enhances Appraisal Firewall’s integration with RealView®
Company upgrades appraisal management technology, thereby enhancing integration with appraisal quality and compliance technology
SPOKANE, WA and ALISO VIEJO, CA (September 11, 2014) — Mortgage technology provider SharperLending and Platinum Data Solutions, a provider of collateral valuation and risk assessment technologies, have expanded the integration between Appraisal Firewall, SharperLending’s appraisal management platform, and Platinum Data’s RealView® appraisal quality software. This integration has been expanded to SharperLending’s newest release of Appraisal Firewall: the Enterprise Edition.
Appraisal Firewall is a secure, web-based residential and commercial appraisal ordering solution that enables lenders to manage their own appraisal process. RealView is the only technology that uses business intelligence to analyze appraisal quality and compliance. SharperLending and Platinum Data integrated the two technologies in late 2014 to provide Appraisal Firewall Enterprise Edition users direct and seamless access to RealView.
The integration has been released into the new Appraisal Firewall Enterprise Edition, which offers lenders and appraisers access to the complete Appraisal Firewall system from any mobile device, including tablets and smart phones. The new Enterprise Edition also includes many years of user interface research and evaluation, which bring a cleaner, easier-to-use system to lenders and appraisers, plus increased appraisal compliance features and better data protection.
The enhanced integration also enables Appraisal Firewall’s users to automate the ordering and processing of RealView reports, and to access more of RealView’s features, such as its feedback loop, which automatically generates and sends an email that relays issues that must be addressed, to the appraiser.
“SharperLending and Platinum Data have a keen focus on the real estate appraisal industry, and we have both identified how lenders and appraisers can successfully leverage appraisal technology to maximize efficiency and compliance,” says Dave Black, President and CEO of SharperLending LLC. “With the new Enterprise Edition, our user base can take advantage of the simpler user interface to setup and access the RealView collateral valuation and risk assessment product, allowing users an easier path to appraisal quality control.”
“In today’s market, lenders and AMCs are very concerned about protecting their margins,” said Phil Huff, CEO of Platinum Data. “SharperLending is helping these companies by not only offering access to RealView, which prevents buybacks and cuts appraisal underwriting times in half, but also enhancing the Appraisal Firewall/RealView integration, which increases efficiency, compliance and security. We’re pleased to be partnering with them and to be part of lenders’ successful loss prevention programs.”
Headquartered in Spokane, Wash., SharperLending LLC, was founded in 1989 and was the first to offer a complete Web browser-based mortgage credit reporting system on the Internet. The company’s proven technology has processed more than 500 million secure mortgage transactions. SharperLending has been processing appraisals since the late 1990s, with Appraisal Firewall breaking out of the company’s settlement services technology into its own unique offering. SharperLending, LLC has three divisions under its corporate umbrella: SharperLending Mortgage Services Division, the mortgage services and Appraisal Firewall platforms; SharperLending Credit Division, technology for the credit reporting industry; and SharperLending Solutions, the loan origination product packaging division. For more information about Appraisal Firewall, visit www.AppraisalFirewall.com, watch SharperLending’s YouTube channel, or call (800) 452-1174.
About Platinum Data Solutions
Platinum Data provides technologies that help mortgage lenders, servicers, investors and appraisal management companies value collateral, and identify and manage collateral risk. Its online platform and analytical tools are being used by hundreds of companies to perform due diligence, prevent buybacks and protect billions of dollars in assets across the U.S. The company’s RealView system revolutionized the way the industry reviews appraisals, while its AVM offerings provide a truly unbiased perspective on collateral valuation. Platinum Data Solutions is based in Aliso Viejo, California and was founded in 2002. For more information, visit www.PlatinumData.com, follow @Platinum_Data or email info@PlatinumData.com.