HomeVision’s system makes use of guidelines, workflow automation and analytics to show appraisal knowledge into underwriting insights — automating most coverage and eligibility checks.
The corporate says the expertise has processed greater than 2 million appraisal reviews and helps lower overview instances and cut back revision charges.
AIM-Port, acquired by Atlas in July, was initially developed by an appraisal administration firm to assist high-volume nationwide operations.
“AIM-Port was constructed to mirror the day-to-day realities of appraisal operations, and HomeVision brings that very same operational mindset to collateral underwriting,” stated Erik Morin, CEO of Atlas VMS. “By integrating the 2, lenders and AMCs can have a seamless approach to order, handle, and overview value determinations with considerably much less friction.”
After the combination, AIM-Port customers can ship appraisal reviews and supporting paperwork into HomeVision immediately from their order-management workflow.
In keeping with leaders, the mixed platform will enable lenders and AMCs to automate guideline checks, depend on exception-based evaluations, streamline operational steps and acquire real-time perception into collateral danger and efficiency.
Atlas VMS says it additionally plans to make use of the built-in instruments inside its personal in-house AMC for quality-control evaluations.
“HomeVision is already trusted by lots of the trade’s prime lenders and AMCs, and AIM-Port has lengthy been a dependable order-management platform for that very same viewers,” stated Mick Tindall, president of platform options at AIM-Port. “Bringing them collectively offers clients with a streamlined, end-to-end path from order to collateral determination, whereas enabling us to leverage the identical expertise internally to reinforce our personal AMC efficiency.”
