PCV Murcor's proprietary assignment and quality control technology is now integrated with Calyx Point, Calyx Software's loan origination system (LOS).
The result is increased appraisal ordering speed and improved lender compliance, PCV Murcor says in a release.
The integration means Calyx Point users can quickly and securely order and track appraisals from PCV Murcor. It also means lenders will no longer need to re-enter appraisal request information and can review order status 24/7.
Calyx Software says about 70% of mortgage brokers and an estimated 36% of community banks, credit unions and mortgage bankers use its LOS.
PCV Murcor's technology selects appraisers by both market and product competency and proven by past performance. Once submitted to PCV Murcor by the appraiser, all valuations are subject to an automated validation process, including business rule verification checks and additional manual reviews. Upon delivery, lenders receive a compliant, defensible and verified appraisal.
