In order to help clients achieve efficient appraisal transaction processing in a fully compliant manner, Lender Processing Services Inc. (LPS) has integrated its Loan Quality Gateway, powered by RealEC, with the Global DMS eTrac Enterprise platform.
The integration means LPS and Global DMS clients who utilize the Loan Quality Gateway's Exchange network can now seamlessly access the eTrac Enterprise platform.
‘This integration offers lenders another efficient solution to managing the appraisal process,’ says Dan Sogorka, president of RealEC Technologies, a wholly owned subsidiary of LPS. ‘Expanding the Exchange's provider network is one more way we can help lenders and service providers work together toward a more transparent, data-centric loan origination process.’
Loan Quality Gateway's Exchange is a partner network allowing thousands of service providers to connect securely to their lending clients through a standards-based data exchange.
eTrac Enterprise is an all-in-one collateral process management solution that streamlines workflows, eliminates errors and speeds up the valuation process.
‘Now any mutual customer that utilizes the Exchange can easily access our services to complete fully compliant appraisals in the same way they could directly using our platform,’ said Vladimir Bien-Aime, president and CEO of Global DMS.