Technology

Companies partner on appraisal platform

ValuTrac, Platinum Data Solutions integrating management and review products

Appraisal management and mortgage lending software provider ValuTrac Software and collateral valuation and risk assessment firm Platinum Data Solutions have entered into a partnership to integrate their products to create an all-in-one appraisal management and review platform. As part of their partnership, the two companies will integrate ValuTrac's ValuTrac Pro appraisal management system with Platinum's RealView appraisal data quality verification to provide mortgage lenders and appraisal management companies a single solution for managing workflow, ensuring compliance, and mitigating risk in the appraisal review process, the companies said in an announcement. ValuTrac Pro is a customizable appraisal management system that streamlines appraisal workflow, producing efficiencies by creating a single repository for all appraisals, streamlined web-based appraisal ordering, real-time appraisal status, automated status notifications, and appraiser selection. RealView verifies eac...