Houston-based ValueLink Software and Aliso Viejo, Calif.-based Platinum Data Solutions have entered into a partnership that integrates Platinum's RealView system with the ValueLink system.
According to ValueLink, the integration – which enables ValueLink's lender and appraisal management company customers to access RealView, an automated appraisal quality verification system – can help ValueLink users ensure compliance, avoid errors and save time.
The ValueLink system offers a Web-based solution for appraisal management companies, lenders and appraisers to help them manage the appraisal process, according to ValueLink. The system is also customizable and manages the entire appraisal process while maintaining regulatory compliance, says the company.
ValueLink says Platinum's RealView cuts appraisal underwriting time and verifies appraisal quality and compliance by evaluating and validating fields on an appraisal, and assigning an overall quality score for the report's compliance, credibility and the property's complexity in relation to the local area.