DART APPRAISAL ANNOUNCES INTEGRATION WITH REALEC TECHNOLOGIES
Troy, MI, June 15, 2011 - Dart Appraisal, the
Troy, Mich.-based provider of nationwide residential real estate
valuations, today announced their integration to RealEC
Technologies Inc., the leading provider of collaborative network
solutions in the mortgage industry. Dart Appraisal provides RealEC
clients with direct access to a comprehensive line of compliant
appraisal products and services, from ordering and appointment
scheduling to online payment options and status tracking.
Through the collaboration and integration of leading mortgage
industry technologies, Dart Appraisal and RealEC will transform a
client's PC or LOS system into a safe, secure and fully integrated
portal for the fulfillment of real estate appraisals. This
partnership eliminates the need for Dart Appraisal to use the web
interface and manually retrieve and deliver RealEC client orders
and products, streamlining the appraisal process.
For a lender, the operational benefits of a bi-directional
integration between itself and Dart Appraisal on the RealEC
platform include direct order submission, automatic status updates,
report uploading and transmission of .xml data to the lender's
system and invoicing to specific lender branches directly.
Innovative features that will further streamline the appraisal
turn-time for clients include delivery and verification of payment
information to immediately secure the order, and closings in real
time at the point of sale. Using all of the available technology
offered by this integration reduces overall appraisal turn-time by
locking in the necessary components in advance, thereby
circumventing any future appraisal coordination and possible delays
"We are pleased to partner with RealEC to offer fully-compliant
appraisal services to our clients," said Darton Case, chief
executive officer of Dart Appraisal. "Along with our strong
commitment to innovation, technology and service, Dart Appraisal
brings 18 years of nationwide appraisal experience to this
collaboration. Lenders choosing our services can feel confident
that they will receive a high-quality appraisal from an experienced
professional who is knowledgeable in their region."
Dart Appraisal has moved quickly to support its clients through
the rapid changes occurring in the mortgage marketplace. Through
its DartLink technology, the AMC completed integrations with FNC,
HomeTracker, Mortgage Builder Software and PLATINUMdata Solutions,
while also updating its Ellie Mae integration, to accommodate
changes to regulations throughout the marketplace.
RealEC operates the RealEC Exchange, the leading electronic
partner network (EPN) in the mortgage industry, and provides
partner connectivity, automated vendor management, advanced data
capture and document management services to more than 2,000
mortgage originators (including 17 of the top 20) and more than
13,000 service providers.