Accurate Group, a provider of real estate appraisal, title and compliance services, has completed a new interface for ValueNet, its desktop appraisal technology platform, with CoreLogic FNC. CoreLogic is a property information, analytics and data-enabled solutions provider. Joint clients – including banks, credit unions and other home equity and mortgage lenders – will benefit from greater efficiency as a result of the direct interface between the FNC technology and ValueNet products.
When used together, ValueNet appraisal data will be available as secure AI Ready XML for import to a lender’s loan origination system and the FNC GAAR review service. AI Ready is an industry standard that allows the secure delivery of valuation products as data. This seamless integration will provide valuable insight to lenders, stronger data governance and greater efficiency in the appraisal process.
“We are excited to offer this integration to our clients,” said Emily Scheuer Lowe, FNC Product Manager at CoreLogic. “Our ultimate goal is to always provide the best support for our mutual clients. Giving them the access to this form as data will allow clients greater flexibility and configurability.” She continued, “We have enjoyed working with Accurate Group and look forward to our expanded business relationship.”
FNC clients consuming ValueNet data will gain the ability to streamline the loan collateral valuation process, increase efficiencies for appraisal archiving and leverage FNC’s GAAR 360 automated appraisal review tools from CoreLogic. ValueNet is built around a USPAP-compliant desktop valuation process and is the leading desktop valuation solution on the market today due to its speed, accuracy and quality. The ValueNet technology platform is complemented by Accurate Group’s vetted, nationwide network of property inspection professionals and certified appraisers.
“The integration between FNC and ValueNet is a powerful combination of market-leading technology from two mortgage industry innovators that we expect will deliver a great deal of value to our joint clients,” said Paul Doman, president and CEO of Accurate Group. “We look forward to working with FNC to help lenders achieve greater efficiency and better insight into appraisal data.”