ReverseVision Unveils Appraisal Services And ReverseAccessVision (Rav) With 4.0.0 Release
SAN DIEGO, CA—September 3, 2013—ReverseVision, Inc. (http://www.reversevision.com/) today released version 4.0.0 of its flagship ReverseVision product. ReverseAccessVision (RAV), a powerful integrated new module, is included in this release. RAV will provide a full library of services tightly integrated into the core ReverseVision originations system. RAV currently includes Interthinx (http://www.interthinx.com), a fraud detection service, and new with today’s release, appraisals via Mortgage Information Services, Inc. (MIS – http://www.mtginfo.com).
The appraisal service integration through RAV enables a user to order an appraisal by simply clicking a button. The ReverseAccessVision system manages the order, status and delivery of the appraisal. With each appraisal ordered, the system will automatically enter the order date as soon as the request is submitted successfully.
“The new appraisal service is an incredible time saving feature for our clients and will be a major asset in our already streamlined process of creating reverse mortgage loans,” said Jeff Birdsell, ReverseVision Product Manager.
The system will also enter dates like “Appraisal Scheduled,” “Appraisal Date” and “Appraisal Received,” as well as all the detailed information on the appraiser directly into the ReverseVision system—all of this will be done automatically. ReverseVision has also implemented a new “Appraisal Services” screen containing all of existing ReverseVision appraisal fields as well as many new ones.
“The combination of our appraisal process with ReverseVision’s technology offers a valuable time-saving advantage to users, allowing them to focus on their core tasks rather than on order submission and tracking through a separate process,” said David Stroop, Regional Vice President of MIS.
Using the new integrated appraisal service, a completed order will bring the appraisal document, plus the appraisal invoice, automatically into ReverseVision directly attached to the loan. At the same time the appraisal is attached to the loan, the service will populate most of the fields on a new screen with values from the appraisal. All that is left for the user to do is review the results, saving users valuable time.
John Button, President and CEO of ReverseVision said, “The addition of the appraisal service integration continues to build our library of tightly integrated services, which are now known as ReverseAccessVision. Our customers have made it clear that service integration is a powerful tool for them to streamline the originations process, drive down cycle-time and save cost. We are responding to that need with ReverseAccessVision—a powerful, simple to use, ever expanding library of services.”
About ReverseVision
ReverseVision, Inc. (http://reversevision.com/) is the leading software and technology provider for the reverse mortgage industry offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision than all other systems combined. ReverseVision has partnered with some of the finest and fastest growing lending organizations in the US to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors. ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve their software with frequent new innovations building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.
About Mortgage Information Services, Inc.
Mortgage Information Services, Inc. (MIS), a privately held title insurance, loan settlement and appraisal management company headquartered in Cleveland, Ohio, was founded by Leonard Stein-Sapir and a team of forward-thinking industry professionals in 1990. Since its inception, MIS has been an innovative user of technology and was the first real estate financial services company to fully adopt automated back office production systems and Internet based communication methods for customer interfaces.
MIS has become a leading provider of information to the mortgage market by committing to superior customer service while continuing to meet changing clientele needs. MIS’s clients include some of the nation’s largest national and regional lending institutions, mortgage insurance companies and mortgage servicing companies, as well as originators on a local level such as community banks, credit unions and brokers.
Contact Info:
Kelly Kelleher
Marketing Manager, ReverseVision
858-433-4957
Kelly@ReverseVision.com
David Stroop, Regional Vice President
Mortgage Information Services, Inc.
888.901.4647 x 2170
david.stroop@mtginfo.com
Mortgage Calculator
 | ||
 | ||
