PrimeLending, a national residential mortgage lender, is now using Global DMS' eTrac valuation platform to compliantly automate its entire appraisal process.
Tim Elkins, executive vice president and chief information officer of PrimeLending, reports that since his firm implemented the eTrac platform, it has ‘enabled us to streamline the appraisal process for all of our staff members.’
‘We have our own panel of appraisers, which eTrac allows us to efficiently manage internally,’ Elkins says in a release. ‘Since the implementation of eTrac, we have realized quicker turn times, greater employee productivity, workflow efficiencies and cost savings.’
Because e-Trac is fully Web-based, integration with PrimeLending's loan origination system (LOS), CoreLogic ChannelMaster, is fast and simple. What's more, PrimeLending was able to implement the solution in phases, so as to simplify staff training and maintain smooth operations. Now, PrimeLending has a valuation platform delivered on a subscription basis that readily scales with volume.