In addition to automating the management of your appraisal process for your staff, Connexions can provide the actual services that will supplement lenders' workflows. Use as many or as few of the services as your business model requires, and Connexions will do the rest at very reasonable additional cost.
- Self-manage appraisers, outsource to AMCs or utilize a combination of both
- Manage common eligibility for vendor's service, quality and cost
- Control appraisers' GeoPoint Competency to a 1 mile radius
- Manage vendor allocation with a click of a button
- Real-time performance statistics with one system of record
- Direct connect to UCDP and auto submit for SSR
- Protective firewall for compliance with AIR
- Vendor Credential Management (Scrub asc.gov list daily)
- Easy vendor integration with Open API
- No long term contracts
- No integration fees
- Base platform fee
Email reports are delivered via the E-Sign Process Email engine at customizable delivery intervals, and are fully detailed. This valuable feature tracks deliveries of emails, confirms acceptance of electronic reports, and lets you know whether reports are downloaded. Vendor management monitors, tracks and manages individual appraisers, appraisal companies and/or AMCs to provide a complete picture regardless of types or numbers of vendors utilized. This includes keeping track of vendor credentials, licensing, disciplinary actions and insurance - details that are otherwise risk being lost in the shuffle of administering an appraisal effort.
Training is also comprehensive and streamlined, designed to get users up and running quickly. Management, internal staff, originators and appraisers are familiarized and productive in a very short time with Connexions' intuitive interface.
Technical support is available anytime for Connexions users, and with Platform Usage, the first two hours each month is included at no charge. With the stability and ease of use engineered into Connexions, clients enjoy smooth, trouble-free appraisal process management.
Investor List Management
Connexions takes care of these problems before they are created by scrubbing appraisers against lists provided by Freddie Mac, HUD and other GSEs. Additional investor and lender lists can be called upon for monitoring, keeping Connexions' clients compliant with these essential requirements.
Connexions helps clients comply with requirements for Form W9 submissions that advise tax agencies on payments made to appraisers. If this process is lost in the shuffle, problems arise that can affect both parties, so Connexions has it covered with this important and highly convenient optional component.