In order to provide faster automated appraisal data exchange for its lender customers, LRES has integrated its DirectConnect integration hub with Mercury Network, a software platform used by more than 700 lenders and appraisal management companies to manage their collateral valuation workflow.
The integration means LRES customers now have the ability to receive appraisal order requests and order modifications from clients directly through the Mercury Network and electronically deliver those orders into its proprietary LRES LINK order management platform.
Seamless communication of appraisal orders and the delivery of collateral valuation reports in the Mortgage Industry Standards Maintenance Organization format are also advantages of the integration, LRES says in a release.