News

Mercury Network Selected As "Best Places To Work In Oklahoma"

Added:  September 29, 2016

OKLAHOMA CITY – Mercury Network was recently selected as one of the 2016’s Best Places to Work in Oklahoma. The annual list of “Best Places to Work” was created by okc.BIZ and Best Companies Group, and is an annual ranking of the best places of employment in Oklahoma. Click to view... 

Mercury Network Acquires Platinum Data Solutions

Added:  August 24, 2016

OKLAHOMA CITY – Mercury Network, the valuation vendor management platform used by more than 700 lenders and Appraisal Management Companies (AMCs), announced it has entered into a definitive agreement to acquire Platinum Data, a leading provider of valuation data and analytics solutions headquartered in Aliso Viejo, CA.  

The country’s top 10 mortgage lenders already rely on Platinum Data’s analytical tools for appraisal quality control, and the two companies have offered an integrated solution serving the industry since beginning a partnership in January, 2015. Click to view...

Mercury Network Now Integrated with PathSoftware

Added:  March 29, 2016

OKLAHOMA CITY – Mercury Network announced it has completed its integration with PathSoftware, the new highly-structured, cloud-based LOS from Calyx Technology.  
 
This integration will give lenders greater control over the appraisal ordering process, including securely uploading documents, sending messages to the appraiser, and cancelling or requesting revisions. It will also eliminate the frustration of not knowing the status of an order because milestones are sent back to the lender automatically.  Click to view...

Mercury Network Launches Integration With FHA's EAD Portal

Added:  March 23, 2016

OKLAHOMA CITY – Mercury Network, the appraisal vendor management platform used by more than 700 lenders and AMCs, has completed integration with the Federal Housing Administration’s (FHA) Electronic Appraisal Delivery (EAD) portal. The integration gives Mercury Network clients a direct connection for submitting appraisal reports to the FHA, plus a robust revision request system for faster vendor communications.  Click to view...

Mercury Network Expands Leadership Team Appoints Will Clemens CEO

Added:  February 9, 2016

OKLAHOMA CITY – Mercury Network today announced that Will Clemens, formerly Executive Chairman, has been appointed Chief Executive Officer (CEO). More than 700 mortgage lenders and appraisal management companies (AMCs) use Mercury Network’s cloud-based software to compliantly manage appraisal operations.  Click to view...

 

ValuAmerica Integrates with Mercury Network

Added:  December 08, 2015

ValuAmerica, a national title agency, appraisal management company (AMC) and technology provider, and Mercury Network today announced that ValuAmerica is integrated into the Mercury Network vendor management platform.   Click to view...

 

American Southwest Management Co. enhances appraisal operations with Mercury Network  

Added: November 03, 2015

American Southwest Mortgage Co. recently implemented Mercury Network’s Enterprise Vendor Framework (EVF) to help manage compliant, high quality appraisal operations. With Mercury Network’s EVF platform, American Southwest effectively manages thousands of compliant appraisal orders across all their valuable AMC vendor partners.   Click to view...

 

Serent Capital Acquires Mercury Network from a la mode, inc.

Added: May 07, 2015

Mercury Network, the premier valuation vendor management platform for the mortgage lending industry, was acquired by Serent Capital, a leading San Francisco-based private equity firm that invests in high growth, profitable businesses. Prior to the acquisition, Mercury Network was a subsidiary of a la mode, inc., a technology leader for the financial services industry.   Click to view..

 

Rels Valuation integrates with Mercury Network's Enterprise Vendor Framework

Added: April 07, 2015

Mercury Network and Rels Valuation announced an integration with Mercury's Enterprise Vendor Framework (EVF). EVF is an advanced integration framework designed for lenders who currently use multiple appraisal management companies (AMCs). With a single connection between the lender and EVF, Rels Valuation can instantly be added to the lender's slate of redundant vendors, making compliance with OCC and CFPB third-party oversight risk requirements a much simpler task.   Click to view..

 

Mercury Network and Platinum Data Solutions Announce Integration Agreement

Added: January 14, 2015

Mercury Network, the leading appraisal management platform, and Platinum Data Solutions, a provider of collateral valuation and risk assessment technologies, have announced an agreement to integrate Platinum Data's RealView® appraisal quality tool into Mercury Network's Appraisal Quality Management (AQM) system.   Click to view..

 

Mercury Network wins Mortgage Technology’s Harnessing Mobile award

Added: December 02, 2014

The leading appraisal management software platform, Mercury Network, was presented with Mortgage Technology Magazine's coveted “Harnessing Mobile” award on October 19th, the opening day of the 101st Annual Mortgage Bankers Association (MBA) Convention & Expo in Las Vegas.   Click to view..

 

Mercury Network enhances SureReciepts service for electronic delivery of appraisals in compliance with ECOA Valuations Rule

Added: May 08, 2014

Mercury Network announced new features added to their popular SureReceipts service for lenders to securely deliver documents to borrowers in compliance with the new ECOA Valuations Rule disclosure requirements.  Click to view..

 

Third straight year: Mercury Network honored with Progress in Lending's "Top Innovation" award

Added: March 24, 2014

Mercury Network announced today that Mercury Mobile™, a new iOS app enabling appraisers to respond to new Mercury Network orders instantly, was named a Top Innovation of 2013 by the PROGRESS in Lending Association. Mercury Mobile is available for free for iPhone and iPad in the Apple App Store℠.  Click to view..

 

Mercury Network's SureReceipts now available to any lender for automated compliance with new disclosure requirements

Added: March 03, 2014

Mercury Network today announced the expansion of their SureReceipts™ service to a universally available eDisclosure compliance solution. SureReceipts securely sends any document to borrowers in compliance with disclosure requirements, and it automatically produces an audit trail on every send for compliance verification. SureReceipts can be deployed quickly by lenders of all sizes, and is now available as a stand-alone web-based service or as an API for integration in existing workflow systems.  Click to view..

 

Mercury Mobile released to eliminate common appraisal delays

Added: February 19, 2014

Mercury Network announced today that Mercury Mobile, a new iOS app enabling appraisers to respond to new Mercury Network orders instantly, is now available at no charge for iPhone and iPad in the Apple App Store. An Android version of the app will also be available soon. Click to view..

 

ECOA Valuations Rule effective January 18th: Mercury Network automates compliance

Added: January 09, 2014

The ECOA Valuations Rule is effective January 18th, and it mandates that all borrowers confirm statements prior to receiving an electronic copy of any appraisal report. Mercury Network has launched automated compliance for lenders and AMCs, and also creates a full audit trail to prove compliance with the new regulation.   Click to view..