CLEVELAND–(BUSINESS WIRE)–AppraisalWorks, a leading provider of real estate valuation technology, today announced that its flagship AppraisalWorks™ rating management platform has been verified by Freddie Mac and added to the company’s list of software partners.
Real estate lenders leveraging AppraisalWorks’ valuation management platform for Freddie Mac’s new ACE+ PDR (automated collateral evaluation plus property data report) offering are taking advantage of the innovation of valuation modernization that can result in faster turnaround times, risk mitigation, lower costs and the benefit of a robust panel, within reach to fulfill orders.
And lenders already leveraging AppraisalWorks’ valuation management technology can continue to benefit from streamlining the administration of all real estate valuation services, including supplier panel management, on a single platform.
“AppraisalWorks supports all aspects of valuation modernization — from the new ACE+ PDR offering to desktop and hybrid valuations, in addition to traditional valuation products, evaluations and solutions, including Automated Valuation Models (AVMs),” said Ben Wiant, vice president. president of AppraisalWorks. “With AppraisalWorks, lenders find the right valuation product for their specific need every time and a diversity of available supplier options to choose from, or, if a lender prefers not to manage their supplier panel, there is the option to use one or more of the growing number valuation management and inspection services available on the AppraisalWorks platform.”
Using the AppraisalWorks platform offers many benefits, including real-time communication, on-demand access to assessment information, and complete transparency during the assessment process. Read our latest blog posts to learn about the power of AppraisalWorks – key elements and unique features – to help you on your way to fully realize the true value of assessment modernization.
And if you’re just starting your assessment modernization journey, download our white paper “Choosing the Right Assessment Management Platform” to walk you through the process or contact one of our digital experts today!
About AppraisalWorks
AppraisalWorks is a cloud-based assessment management technology platform that enables banks, credit unions, loan servicers and mortgage lenders to order, manage, maintain and analyze real estate and collateral valuations. Through the Community and Enterprise versions, AppraisalWorks improves process efficiency, ensures regulatory compliance, and facilitates collaboration between lenders, borrowers, processors, appraisers and the quality control team – significantly improving loan turnaround time, lowering the cost per loan are lowered and the borrower experience is improved . AppraisalWorks is patented under US Patent 10,635,9999. Visit www.appraisalworks.com to transform your assessment management function from expensive overhead to a competitive advantage.
