TheMReport

MReport September 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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8 | TH E M R EP O RT MTECH lead-generation and management services, CRM, mobile web solutions, social-media management, blogging and client-retention tools. Under the agreement, CoreLogic will serve as an authorized reseller, offer- ing Elevate through the Clareity DASH! platform to current broker clients. "We look forward to working with Elm Street Technology," said Chris Bennett, Executive Leader of Real Estate Solutions for CoreLogic. "Both our companies are laser fo- cused on innovating solutions that minimize complexity for brokers and their agents. With our Clareity dashboard and Trestle listing- distribution solutions, we're already unifying and streamlining a host of common broker tasks. With Elevate, we broaden our offering to brokers even further. This new relation- ship reflects our commitment to offering innovative solutions that improve efficiency while increasing user adoption." "CoreLogic is a natural fit for us," said Prem Luthra, President and CEO of Elm Street Technology. "CoreLogic has a strong presence in the broker space and a depth of unique property information that makes brokers and agents more insightful. Together, we share a vision for a unified end-to-end broker and agent marketing solution that dramatically simplifies the technology and services real estate professionals utilize to operate their businesses." CoreLogic's combined data from pub- lic, contributory, and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, lo- cation, hazard risk and related performance information. Elm Street Technology offers a portfolio of real estate technology and marketing services that provides one vendor, one point of contact, one solution fully fused into one platform to deliver a single source for new leads, client-relationship manage- ment, and client-retention tools for agents, teams, and brokerages. Veros Releases Enhanced Risk-Management Solution VEROSCORE DELIVERS ADDITIONAL VALUATIONS. C alifornia-based Veros Real Estate Solutions (Veros) has released an enhanced, data-rich version of its VeroSCORE appraisal risk-management solution. VeroSCORE, which already pro- vides intelligent, automated, and virtually instantaneous analysis of appraisal reports and associated risk factors, now has a new revamped design that displays additional validations such as public record data and appraiser licensing and eligibility checks. "This represents a new standard for the appraisal industry that really addresses collateral risk," said Benjamin Smith, VP of Valuations at Veros. "These latest enhance- ments have added more intelligence and greater effectiveness to an already-invaluable analytical tool and will help lenders and ap- praisal management companies comply with the GSEs' 'zero defects' inspection mandate." Other features have been added to further identify risk, including street views of subject properties, dynamic mapping, comparable sales, and AVM values for neighboring prop- erties. All can be viewed online with zoom- in capability, mapping, and pinpointing. "As an automated appraisal scoring tool, VeroSCORE facilitates more-informed decisions based on a solid determination of collateral value," said Luke Ziegenmeyer, Director of Product Management at Veros. The enhanced report is now easier to use, providing more data than before at a fraction of the cost of most competing offerings." Veros originally built VeroSCORE from the ground up using proprietary risk-assessment algorithms and a multifaceted rules engine that would provide appraisal-scoring technol - ogy that helped mortgage lenders, servicers, investors, and appraisal-management com- panies (AMCs) make faster, better-informed decisions regarding collateral value. The company has said that when the government-sponsored enterprises (GSEs) began requiring a quality-assurance strategy for pre-funding appraisals, lenders and ven- dors needed to thoroughly inspect appraisal reports for Zero Defects, and VeroSCORE was in place to provide the perfect solution. The Collingwood Group Partners With Decision Ready Solutions THE MERGER WILL RESULT IN A LARGER CLAIMS-ADVISORY BUSINESS. T he Collingwood Group, a Situs company and Washington, D.C.-based business-advisory firm, announced that they entered into a strategic technology partnership with Decision Ready Solutions, Inc., in order to significantly expand its existing claims-advisory business. The Collingwood Group has over a decade of experience providing financial services clients with specialized business advisory services, including high-value claims advisory and loss-analysis services. The Collingwood Group's partnership with Decision Ready Solutions positions the firm 750 Old Hickory Blvd; Building Two Suite 150 Brentwood TN 37027 www.IRAinnovations.com Call Mike Todd at 866.333.0411 or email Mike@IRAinnovations.com for a personal consultation. 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