Loans flagged for appraisal review typically consume valuable time and expensive staff resources. With HistoryPro Review™, clients can streamline the process by automating many steps of the traditional review cycle and consistently applying business rules and guidelines across the entire company.
Loans flagged for appraisal review typically consume valuable time and expensive staff resources. With HistoryPro Review™, clients can streamline the process by automating many steps of the traditional review cycle and consistently applying business rules and guidelines across the entire company. HistoryPro Review delivers appraisal review information within minutes that would traditionally take hours to gather. Instead of wasting time on nonproductive efforts, reviewers can apply their expertise to evaluating data returned. In addition to analyzing the subject property using the powerful HistoryPro engine, HistoryPro Review maps and analyzes comparables used in the appraisal, delivering scores on the appraisal decision and property risk.
HistoryPro Review has demonstrated its effectiveness in greatly reducing time spent on reviews, allowing greater numbers of loans to move through the production cycle, and significantly lowering review costs.
HistoryPro Review is typically delivered through a Web-based interface or by direct XML integration into an institution’s production system.
Experienced Lenders Know the Benefits of a 2X Performance
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Mike Heid
Co-President
Wells Fargo Home Mortgage
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Dan Arrigoni
President and CEO
U.S. Bank Home Mortgage
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