ReverseVision clients will now be able to order appraisals from CoesterVMS through the RV Exchange (RVX) software via a new integration announced Friday with the company’s Reverse Loan Origination System platform.
With the new integration, lenders will now be able to request an appraisal from Coester with the click of a button. Not only will CoesterVMS receive the request electronically, but as each step of the appraisal process is completed, the loan record in RVX will be automatically updated.
“The automated process we are introducing with ReverseVision is one of the smartest workflow improvements a reverse lender can employ,” CoesterVMS CEO Brian Coester said in a written statement.
The Rockville, Maryland-based company provides valuation management services nationwide. In 2012, the company launched Cloud Control, a customizable web-based valuation management technology.
“Coester’s reputation for providing an exceptional service is one of the best in the industry,” said ReverseVision President and CEO John Button in a statement. “We are excited to empower our clients to be able to easily order and track their appraisals from Coester directly in our platform.”
The CoesterVMS integrated appraisal service is now available to all RVX users.
Written by Jason Oliva