LRES announced that it has fully integrated its DirectConnect hub with RealView from Platinum Data Solutions.
In a news release, LRES said the integration offers more streamlined quality management, with automated detection of overlooked or incorrect scope of work or underwriting guidelines during the home appraisal process. DirectConnect now will be able to provide lenders with collateral valuation reports and supporting data in the MISMO format as well as in a proprietary format on the Platinum Data platform.
LRES said it has improved turnaround time by 15 percent since partnering with Platinum Data, and quality by 25 percent.
“Smart companies like LRES realize that quality, compliance and transparency attract customers and prevent loss,” Platinum Data President and CEO Phil Huff said. “We’re pleased that LRES is benefitting from the tangible benefits and ROI that RealView provides.”
“LRES’ integration with Platinum focuses on quality management and provides improved accuracy and enhanced operational efficiency throughout the entire appraisal process,” LRES CEO Roger Beane said.