Features

Mercury Network’s software tools give appraisers, lenders, and AMCs total control of their business processes.  Take a look at just a few of Mercury’s features:

• Cloud-based SaaS and PaaS system for unparalleled accessibility 
   
• Management views and user permission settings for greater admin control, with easy user configurations for sub accounts
   
• Double blind firewall technology can be turned on or off by lenders, for compliance with appraiser independence guidelines – but in a way that scales properly with the size of the institution
   
• Drill down to complete action/event audit trails for every transaction and document
   
• Integrated tools for sending to the borrower
   
• Customizable software filters allow AMCs and lenders to choose the most appropriate appraiser according to their own criteria.  Filter by proximity, average turn time, work load, and much more. 
   
• Set up scheduled checks of licenses with the ASC
   
• Flexible fee tools work on a region by region basis and allow guided back-and-forth negotiation between the client and appraiser, creating customary and reasonable fee decisions that take into account the complexity of the assignment per the appraiser, as well as the needs of the client 
   
• Assignment alert tools, including instant texts to appraisers
   
• Appraisers can use text message responses to indicate immediate order acceptance
   
• Web interface for seeing status on every assignment
   
• Built in tools for electronic, compliant delivery to lender and AMC backend systems
   
• Choose from up to thousands of customizable rules to run on the appraisers’ desktop prior to delivery, reducing time spent in underwriting “checklists”.  Let your staff spend time on the parts of the underwriting that really matter, and that only a human can do.
   
• Pipelines for receipt of Native XML appraisal data to bypass error-prone PDF scraping
   
• Public-facing websites for AMCs to accept lender orders 
   
• Cloud-based document storage for entire transaction history and accompanying audit trail, from appraisal order to final delivery
   
• Free direct connection to the GSEs’ Uniform Collateral Data Portal (UCDP)
   
• Rapid implementation
   
• Software set-up assistance and live, 24x7x365 software support
   
• Automatic software release and upgrades
   
• For more information about security on Mercury Network, click here.

For more information, call us at 1-800-434-7260.