Mercury Network, a technology provider for appraisal management companies (AMCs) and mortgage lenders, now features integrated appraisal services offered through Triserv Appraisal Management Solutions (Triserv AMC).
That means lenders and AMCs using Mercury Network have seamless access to Triserv AMC's suite of residential appraisal products and documents.
This is achieved through a real-time, direct connection between Triserv's proprietary platform and Mercury Network, the companies say in a press release.
Lenders utilizing Mercury-connected loan origination systems can also order appraisals out of their loan files to Triserv AMC and receive messages, status updates and delivery of the appraisal documents back into their loan files.
The connection to TriServ AMC can be activated in mere minutes for any lender through Mercury Network's support team.
‘We are excited to partner with Mercury Network and support the many lenders nationwide [that] rely on the Mercury Network platform to manage multiple AMC and appraiser relationships,’ says Mark Walser, senior vice president at Triserv AMC, in the release. ‘The high level of integration available provides lenders with unparalleled transparency, automates key compliance elements and allows Triserv to support increasing lender demand for a quality AMC relationship with efficiency, minimal personnel ramping and real-time workflow transparency.’