AppraisalWorks Now Integrated with ICE Mortgage

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AppraisalWorks, a property valuation and appraisal management technology provider, is now available through the ICE Mortgage Technology Platform.

That means mortgage lenders using ICE Mortgage’s Encompass and Encompass LO Connect can seamlessly order appraisals and property valuations from AppraisalWorks and auto-populate the data.

Post-order entry, service automation within the AppraisalWorks platform drives the event workflow to eliminate need for human intervention on valuation orders, AppraisalWorks says in a release. Lenders are able to set up approved vendor panels, customize workflows by lending channel, and configure automated assignment logic to route orders based on patented business rule logic – eliminating administrative overhead and accelerating turn times.

Throughout the order process, stakeholders have permissions-based access to messaging, status updates, payment processing, and automated alerts – allowing greater transparency and improved collaboration among stakeholders. Once complete, appraisal and valuation documents are automatically delivered straight to the eFolder, populating key data elements in the Encompass system, where lenders can review the reports.

Photo: Ross Sneddon

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