Perfecting the Appraisal Procurement Process

Competitive pressures are requiring real estate lenders and investors to complete underwriting and due diligence more quickly and cost effectively than ever, but not at the expense of prudent risk management, or for regulated banks and credit unions, compliance. One of the most time consuming and costly components to lending is the data collection and analysis required for underwriting, especially the appraisal procurement and review process. While technology exists to streamline the process, the reality is most lenders still use excel spreadsheets, word processing software and email to support the process. Join this complimentary webcast where we’ll demonstrate how technology is transforming the appraisal procurement and review process. See how some lenders are reducing appraisal cycle time by as much as 60%, while at the same time building powerful business intelligence by capturing valuation and other data.