Cloudvirga adds award-winning appraisal order management from Mercury Network to its digital mortgage point-of-sale platforms (National Mortgage News)
Apr 19, 2018
Cloudvirga™, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform®, today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE: CLGX) and one of the industry’s largest appraisal order management platforms. The integration makes appraisal ordering and management more efficient and compliant for Cloudvirga’s lender customers, thereby reducing overall loan production costs.
Cloudvirga’s intelligent appraisal engine ensures efficiency and compliance throughout the appraisal lifecycle by accurately determining which appraisal forms are required for a given property location, loan amount, loan type and loan program. The seamless integration allows Cloudvirga customers to place appraisal orders directly to Mercury Network without the lender or customer having to rekey information or leave Cloudvirga’s POS platform.