ACI, a division of First American Mortgage Solutions, announced a new integration of its ACI Sky Delivery and Sky Review technology with ValueLink Software, a leading provider of web-based valuation management software, the companies announced in a press release.
Through this new relationship, lenders and appraisal management companies (AMCs) using the ValueLink platform gain access to more than 5,000 customizable collateral risk rules, dramatically speeding up the appraisal review process without compromising review quality or consistency.
“We are committed to providing ValueLink clients with best-of-breed solutions,” ValueLink Chief Operating Officer Farrukh Omar said in the release. “Through this seamless integration with ACI Sky Review and Sky Delivery, we are supporting our clients’ efforts to enhance their appraisal review and delivery processes.”
ACI Sky Delivery is a web-based appraisal delivery platform that applies dynamic rules to identify exceptions and render real-time results, including hard stops, prior to posting the file for further review.
Sky Delivery leverages PAR logic, ACI’s library of over 5,000 customizable collateral risk rules, including more than 1,200 rules designed to reduce exceptions and identify potential risks related to Uniform Appraisal Dataset (UAD) as required by Fannie Mae and the Federal Housing Administration (FHA), the release said.
ACI Sky Review is an appraisal review platform that empowers quality control professionals with an interactive window into the appraisal report as well as automated checklists documenting the remaining due diligence process and highlight any potential issues with the appraisal report.
"Sky Delivery and Sky Review deliver the innovation and scalability needed to address the ever-evolving requirements of the appraisal industry,” ACI Senior Vice President George Opelka said. “We have seen organizations using our platform realize productivity gains of up to 50 percent, along with better quality during the appraisal review process. We look forward to helping ValueLink and its clients achieve similarly impressive results.”