Appraisers can now take orders from loan originators online and retrieve property data at the same time using mortgage software and services provider Ellie Mae’s Encompass Appraisal Center in conjunction with First American CoreLogic’s Property Pak. Encompass Appraisal Center is a free online service that lets appraisers take orders from loan originators who use the company’s Encompass Mortgage Management Solution.
Ellie Mae says about 250,000 appraisals are ordered through the center each year. Appraisers who want to retrieve property information along with their appraisal orders can now purchase Property Pak as a single report package or on a monthly subscription basis. Property Pak is available for more than 140 million properties in more than 3,050 counties, and provides a property detail report, a transaction history report, sales comparable report, street and aerial maps, parcel map and a flood map.
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