TheMReport — News and strategies for the evolving mortgage marketplace.
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Special Advertorial Section a la mode CORPORATE PROFILE Corporate Headquarters Key personnel Scott Kinnaird Executive Chairman Jay Shafer CEO Jennifer Miller President, Mortgage Solutions Division Chris Sullivan VP Sales, Mortgage Solutions Division Number of Employ ees Approx. 200 contact infor m ation Molly Dowdy EVP, Marketing Office: 1.800.ALAMODE x 311 email: molly@alamode.com 2210 Vanderbilt Beach Road Suite 1205 Naples, Florida 34109 Phone: 1.800.ALAMODE Web: alamode.com Celebrating 28 years as a mission-critical workflow technology leader in the real estate and mortgage industries, a la mode's products are used by hundreds of thousands of lenders, AMCs, appraisers, salespeople, inspectors, and more to power more than 50 percent of all residential real estate transactions in the US each year. a la mode is headquartered in Naples, Florida, with additional offices in Oklahoma City, Salt Lake City, and Washington, D.C. BUSINESS SCOPE With products for almost every sector of the US real estate market, a la mode's overall scope extends far beyond lending technology. In the appraisal sector, its TOTAL desktop software line is dominant, used by more appraisers than all other brands combined. And in the agent market, a la mode's Broker Reciprocity and Analytics products enjoy top-tier direct access to MLS listings and sales data via integration contracts with local boards serving more than 500,000 licensed salespeople nationwide. The company's Real Estate Solutions Division is responsible for a la mode's full suite of form-filling, Web-based marketing and productivity tools. KEY FEATURES a la mode's flagship product for the lending industry is Mercury Network, the nation's premiere Vendor Management Platform. Many of the nation's leading lenders and AMCs rely upon Mercury Network for appraisal vendor management to power almost 30,000 appraisal transactions a day. Mercury Network offers both interfaceless "black box" MercuryDirect services and APIs, as well as "turn key" MercuryManaged Web front ends for use by loan officers and compliance staff. Mercury has been used in both capacities by a lengthy roster of the nation's largest lenders and AMCs, as well as by numerous community banks, credit unions, wholesale and correspondent lenders, and mortgage brokers, simplifying full compliance with appraisal independence standards and banking security regulations. It's been used by more than 200,000 mortgage professionals since 2002 to automate the full "round trip" of tens of millions of appraisals. AQM In 2013, a la mode released AQM (Appraisal Quality Management) to help lenders and AMCs ensure comprehensive, consistent appraisal quality control across all business channels. AQM was the result of decades of experience providing software solutions used by the largest lenders and AMCs, combined with a la mode's experience as the dominant technology provider for appraisers. It was built as a collaboration with two other industry leaders, AXIS Appraisal Management Solutions and MasterServ Financial, and won Mortgage Technology Magazine's Valuation Visionary Award, as well as PROGRESS in Lending's Innovations Award for 2012. Modern, flexible software a la mode's products are backed by comprehensive, public APIs to support modern flexibility for clients. In 2012, Mercury Network's integrations team launched 14 software integrations with industry leaders. The company's comprehensive cloud deployment strategy ensures new features requested by clients are released consistently and reliably. Customer Testimonial "Service, quality, compliance, and efficiency through technology. This is what I was looking for in a valuation platform. We spent a lot of time looking at every solution on the market, and Mercury Network was the best option by far. We're getting appraisals back days before our old turn times, and the quality is much better than other platforms we've seen. The audit trail gives us peace of mind in terms of compliance and exams. I would recommend Mercury Network to anyone. Don't even waste time looking at the others." —Fowler Williams, President, Crescent Mortgage Company COMPETITIVE ADVANTAGE In contrast to other software providers in the market, a la mode is a technology company first and foremost. The software wasn't hatched from a real estate company without knowledge of software development, so a la mode's approach to modern applications and support gives a critical advantage to clients. As a lynchpin of one of this country's most critical economic sectors, redundancy, fault tolerance, and disaster recovery are built into every part of a la mode's architecture. At any given second, more than 50,000 real estate professionals, lenders, attorneys, and their clients are accessing services from the company's Network Operations Center, so reliability is an integrated component of their solutions. 30 | The M Report