First AMC partnership on Mortgage Builder LOS® system

Troy, MI, May 14, 2009 - Dart Appraisal, the Troy, Mich.-based provider of nationwide residential real estate valuations, today announced their  integration to Mortgage Builder's® LOS system.  Mortgage Builder Software, Inc., based in Southfield, Mich., is a provider of end-to-end mortgage banking software. 

Dart Appraisal is the first appraisal management company (AMC) to integrate with Mortgage Builder.  The AMC offers a seamless solution to appraisal compliance under the new Home Valuation Code of Conduct (HVCC).  The federal code went into effect May 1.

"We are pleased to partner with Mortgage Builder Software to offer their users a seamless solution to HVCC-compliant residential real estate appraisals," said Darton Case,  chief executive officer of Dart Appraisal.  "As their first AMC integration, Dart Appraisal combines leading technology with stringent quality control measures for a comprehensive appraisal.  While mortgage lenders and brokers navigate through  this rapidly changing industry, innovative companies like Mortgage Builder and Dart Appraisal are leading the way with integration  partnerships that will save clients time and money."

"We chose Dart Appraisal as the first appraisal management company to be fully integrated with Mortgage Builder LOS," said Keven Smith, president and CEO of Mortgage Builder.  "Their commitment to innovation and technology, as well as a hard-earned reputation for providing quality and value in the marketplace, makes them a leader in the appraisal process.  The comprehensive system integration with Dart Appraisal will create a cost and marketing benefit to both companies and provide more value to our users."