DART APPRAISAL NAMED RECIPIENT OF SCIENCE & TECHNOLOGY
AWARD BY CORP! MAGAZINE
Troy, MI, April 28, 2010 - Darton Case,
chief executive officer and founder of the nationwide
real estate appraisal company Dart Appraisal, accepted a Corp!
magazine Science & Technology award at a banquet held April 20,
2010, at the MSU Management Education Center in Troy, Michigan.
Dart Appraisal received the honors for their superior
DartExpress technology, a complete online system for mortgage
brokers which ensures compliance with HVCC and FHA regulations
throughout the real estate appraisal process.
"As a company driven by customer need, we have always been
committed to innovation and problem solving," said Case. "We
listen, we consider, and we respond. The impetus for many of our
technological developments was simply a solution-focused attitude
and a client with a problem that needed resolution."
On May1, 2009, Dart Appraisal launched DartExpress on the
company Web site. The new technology provides a quick and easy
online system to initiate an appraisal order, pay for and track the
progress of the order, and finally deliver a copy to the mortgage
broker and lender in full compliance with the HVCC and other
appraisal guidelines. The system is unique to the marketplace,
resolving compliance issues seamlessly for brokers nationwide.
At the time of the DartExpress launch, pressure to conform to
the HVCC regulations left mortgage brokers and lenders scrambling
for an effective new system for ordering residential real estate
appraisals. Many lenders were confused as to how to deal with all
the HVCC, USPAP and RESPA appraisal guidelines.
Traditionally driven by customer demand and committed to
problem-solving innovations, Dart Appraisal stepped in with a
solution to ease the transition. The company developed a new online
technology designed to provide mortgage brokers with a
comprehensive and seamless solution to ordering and receiving an
HVCC-compliant appraisal.
The keys to the innovation of DartExpress are:
- it allows for the broker to sign up around the clock on the
website, as opposed to limiting usage to business hours;
- it assigns the appraisal to the lender, adhering to the HVCC
regulations;
- it allows the broker to use a credit card for payment (HVCC
compliant);
- it allows the broker to view the order's status as it goes
through our 6 stage process (HVCC compliant).