Connexions Enhances its Appraisal Management Software to Support AMCs

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Appraisal management software provider Connexions has introduced tailored payment processing and accounting solutions to streamline invoicing and financial operations.

This includes managing appraiser W9s and 1099s, facilitating seamless transactions, and a new Quote feature for soliciting multiple quotes from appraisers to find the quickest and most economical options, the company says in a release.

The platform also includes an automated EAD/UCDP process for electronic submission of appraisals to Fannie Mae and Freddie Mac, integration with ACI Sky for quality control, and sophisticated integrations compatible with all major LOS systems for effortless order placement.

The vendor directory and vendor management features ensure automatic re-assignment for rejected appraisals, enhancing the accuracy of the valuation process. Providing a database of thousands of qualified and vetted appraisers nationwide and inviting everyone to your panel enhances communication and efficiency across the board.

The platform also offers extensive customization capabilities, such as auto-assigning appraisers based on specific criteria and creating lender-specific appraiser panels. This includes user-friendly scheduling interfaces and detailed appraiser performance metrics, allowing for precise and efficient management of appraisal processes.

Connexions empowers AMCs with the assurance to navigate the dynamic appraisal landscape and oversee the entire appraisal process with precision.

The firm’s solutions are tailored for lenders, mortgage brokers, appraisers, and appraisal management companies.

Photo: John Schnobrich

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