Technology

Comergence vendor management software wins Progress in Lending innovation award

REALM software suite is big winner in mortgage industry

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A software platform that helps lenders and appraisal management companies (AMCs) review and monitor mortgage loan originators and appraisers has been recognized for promoting mortgage industry innovation. Comergence, a provider of vendor management software-as-a-service (SaaS) platforms for the mortgage industry, announced yesterday that the Progress in Lending Association gave an Innovations Award to the company’s REALM software suite. REALM for Third Party Originators continuously aggregates data that lenders need to manage their relationships with third-party originators. REALM for Appraisers gives appraisers an online profile that can be shared with VMCs and lenders, saving them the time and cost of having to submit themselves to verification every time they want to work with a new partner. The Progress in Lending Association Innovations Awards recognize solutions that were introduced into the mortgage industry during 2014 that “changed the industry for the better.” ...