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Improved Valuation Service Offerings

Several service providers have stepped up their appraisal offerings, some though alliances with other service providers. One vendor recently picked up two new clients.

A hybrid valuation report utilized for a variety of transaction types was launched Tuesday by Chicago-based eValuation ZONE Inc.

USPAP-compliant eVal 1.0 is used for home-equity lines of credit, purchase financing and refinances, eValuation said. It’s also utilized on real-estate-owned transactions.

In Rockville, Md., CoesterVMS said earlier this month that its integration with Ellie Mae’s Encompass has been enhanced.

Loan origination technology pioneer Scott Cooley weighed in on the integration between Coester and Ellie, a Mortgage Daily advertiser.

“The industry has moved data between the LOS and vendors going back to the early 90’s but there’s moving data and then there is sophisticated integration,” Cooley was quoted as saying in the Coester news release. “The CoesterVMS/Ellie Mae interface is just the sort of interface we could only dream of back then. I’m most impressed with how the interface handles transferring data seamlessly, which allows originators to get the information they need on a more timely basis and without errors.”

An expanded integration was announced on Sept. 11 between SharperLending’s Appraisal Firewall appraisal management platform and Platinum Data Solutions’ RealView appraisal quality software.

A day earlier, Spokane, Wash., SharperLending unveiled a version of Appraisal Firewall that it promises will completely document the loan process for auditors.

Appraiser due diligence and screening is being provided by Comergence to eAMC, a Sept. 15 statement said. The Troy, Mich.-based appraisal management company will provide REALM for Appraisers for its appraisers.

Mission Viejo, Calif.-based Comergence says appraisers pay a “low annual fee” to set an online profile that can be shared electronically with AMCs and lenders.

Four days earlier, Comergence announced Kansas City, Mo.-based OrderProUSA as its latest AMC client.

Pro Teck Valuation Services Chief Appraiser Jeff Dickstein, was appointed to serve on the Five Star Institute’s National Appraisal Congress, the Waltham, Mass., company said earlier this month.

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