[February 06, 2014]

SharperLending Prepares Real Estate Appraisal Technology for Delivery to Mobile Devices

Mortgage technology provider SharperLending LLC is preparing to launch a brand new version of its Appraisal Firewall real estate appraisal technology that supports usage on a variety of mobile devices, including tablets and smart phones. By expanding usage to mobile devices, the Appraisal Firewall system will be able to offer greater accessibility to real estate appraisals for lenders, appraisers, and Appraisal Management Companies that utilize the technology.

The new version will have greatly expanded capabilities to streamline appraisal ordering, delivery and compliance, plus offer a new look and feel for easier in-house management of the appraisal process. Appraisers will see significant benefit in mobile availability as well: now their field work and their work in Appraisal Firewall can be better synchronized to keep their clients more informed of up to the minute progress. Click here for an early-experience demo.

Appraisal Firewall is a secure, web-based technology solution for lenders to manage their own appraisal process and work with their trusted local appraisers and any AMCs they want to work with. Appraisal Firewall helps lenders comply with all appraisal independence regulations, including the Consumer Financial Protection Bureau (CFPB) requirements, Dodd-Frank Wall Street Reform and Consumer Protection Act, Interagency Appraisal and Evaluation Guidelines, internal and investor requirements, plus GSE requirements for lenders to submit UAD-compliant appraisals electronically to the UCDP.

"More of our lender clients have started migrating to tablet devices for their loan officers and processors for cost savings and efficiency reasons," says Dave Black, President and CEO of SharperLending LLC, the company behind the Appraisal Firewall technology. "In many cases, tablets are able to perform as optimally as a desktop computer or a laptop with more cost-effective pricing. Our goal with these enhancements is to track technology trends to enable our clients to work in the most efficient, compliant environment they can that meets their operational need."

The system updates represent a brand new version of the Appraisal Firewall system for lenders, appraisers, and AMCs, with all of the same time-saving functionality users are accustomed to.

"We're designing this version of Appraisal Firewall with a fresh, cleaner look and feel that will be able to run seamlessly from device to device: from a desktop computer to a tablet to a smart phone," continues Black. "It will have the same in-house appraisal management focus that continues to make Appraisal Firewall one of the most sought after real estate appraisal technologies available today."

About SharperLending LLC

Headquartered in Spokane, Wash., SharperLending LLC, was founded in 1989 and was the first to offer a complete Web browser-based mortgage credit reporting system on the Internet. The company's proven technology has processed more than 500 million secure mortgage transactions. SharperLending has been processing appraisals since the late 1990s, with Appraisal Firewall breaking out of the company's settlement services technology into its own unique offering. SharperLending, LLC, has three divisions under its corporate umbrella: SharperLending Mortgage Services Division, the mortgage services and Appraisal Firewall platforms; SharperLending Credit Division, technology for the credit reporting industry; and SharperLending Solutions, the loan origination product packaging division. For more information, watch the Appraisal Firewall YouTube video, follow us on Facebook, Twitter or Linkedin, call (800)452-1174, or visit www.SharperLending.com.

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