
Mercury Network is the dominant online appraisal Vendor Management Platform (VMP), allowing you to manage your entire appraisal workflow from any web browser, while remaining in full compliance with federal and burgeoning state regulations.
It's far more robust than any of the simple web-based “yellow pages” systems. Instead, it’s a complete appraisal ordering, receiving, and workflow management system. 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.
If you’re a lender, Mercury Network gives you all the efficiencies of an outsourced appraisal management company, yet you stay in full control. You don’t lose your existing local appraisers, and you keep appraisal fees lower for your cash-strapped borrowers. Yet, you’re still 100% compliant with HVCC, FHA, GLB, and Federal Interagency Appraisal Guidelines.
Or if you’re an AMC or a lender looking to create an appraisal management revenue stream, Mercury Network can provide 100% of your back office and appraisal management technology.
In either case, you’ll save time in quality assurance, compliance, and underwriting, since Mercury runs thousands of customizable rules against every report, before it even leaves the appraiser’s desktop. You also get XML data feeds (Fannie Mae CDD compliant, in fact) and secure encrypted transmissions to keep your data safe and GLB compliant.
Mercury has been proven in the real world on millions of appraisals. Since you can be much more efficient just minutes from now, why wait? Call us today at 1-800-434-7260 for a personal walkthrough.
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How to: Use local appraisers and easily stay compliant
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