MReport November 2017

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38 | TH E M R EP O RT DATA AND ANALYTICS SPECIAL ADVERTISING SECTION // DATA AND ANALYTICS SERVICE PROVIDERS Mercury Network, a CoreLogic Company KEY PERSONNEL Devi Mateti Executive, CoreLogic Valuation Technology Solutions Jennifer Miller Senior Leader, CoreLogic Valuation Technology Solutions and President, Mercury Network Terry Mitchum Senior Leader, Software Engineering and CTO, CoreLogic Mercury Network STAFFING Approximately 100 Mercury Network employees, with over 40 staff dedicated to product development and IT. CONTACT INFORMATION 501-D NE 122nd St. Oklahoma City, OK 73114 Phone: 1.800.434.7260 Email: Web: CORPORATE PROFILE Mercury Network is a valuation technology and platform company that provides market-leading software, data, and analytics used by nearly 1,000 emerging and mid-sized mortgage lenders and ap- praisal management companies (AMCs) to manage their collateral valuation operations. COMPANY HISTORY Mercury Network was founded in 2009 and was designed to provide a firewall between real estate appraisers and loan production staff. Mercury Network has grown over the years through acquisi- tions of other technology leaders in the property valuation technology space, including Platinum Data Solutions and Appraisal Scope. In 2017, Mercury Network was acquired by Irvine, California-based CoreLogic. REGULATORY COMPLIANCE Mercury Network utilizes its technology solutions to empower mortgage lenders, AMCs, and apprais- ers to comply with federal and state regulations regarding appraiser independence and third-party oversight. BUSINESS LINES, SERVICES, AND PRODUCTS Mercury Network offers appraisal and collateral valuation management software for residential and commercial appraisals, as well as an innovative suite of collateral valuation products, alternative valuation products, and valuation data and analytics subscriptions. Mercury Network is integrated with more than 300 third-party technology providers, in- cluding all major loan origination software platforms and appraisal management companies. GEOGRAPHICAL SCOPE AND COVERAGE AREA Mercury Network is available nationwide as an SaaS platform. KEY FEATURES/BENEFITS • Fast and efficient appraisal operations • High-quality appraisals and fast vendor service • Improved borrower experience COMPETITIVE ADVANTAGE Experience. Nearly 1,000 lenders and AMCs use Mercury Network. That volume gives Mercury significant experience across more types of entities than any other provider. Innovation. Mercury Network produces a major software release every two weeks on average. In 2016, 118 new features were released in 18 major software updates and 48 new integrations were added with third-party technology providers. Service. Dedicated implementation specialists, integration teams, and client relations professionals give Mercury Network's clients faster solutions. ADDED VALUE TO CLIENTS The data and analytics of collateral valuation are critical to underwriting decisions and efficient opera- tions. Mercury Network's customers have access to the current data and analytics for appraisal fees delivered in a monthly subscription to inform their compliance and operational strategy. In addi- tion, Mercury Network clients have access to an independent AVM performance testing tool, OptiVal, designed to surface and rank the best-performing AVMs in each specific geographic region, provid- ing enhanced visibility and transparency for AMCs, investors, mortgage lenders, mortgage insurers, servicers, credit unions, mortgage compliance companies, and banks. KEYS TO YOUR SUCCESS Mercury Network is customer focused, and that philosophy has been a key factor in the company's success. Rather than force lenders or AMCs into workflow or operations that do not suit their busi- nesses, Mercury Network is a flexible platform that empowers clients to automate their own best practices. With integrations to the major software applications available today, a contributor to Mercury Network's success has been its commit- ment to quickly developing the solutions its clients really want with technology that integrates with the rest of the clients' systems. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES • 2017: Finalist for Lender's Choice Award in Ellie Mae Hall of Fame • 2017: Almost 10,000 installs of mobile application on iOS and Android • 2017: America's Top Mortgage Employers • 2016 and 2017: Best Place to Work in Oklahoma presented by The Journal Record • 2016: 99 pecent Customer Service Satisfaction rate • Four-time winner of Progress in Lending's annual Innovations Awards

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