Custom software “plug-in” products, such as the Mercury plug-in being tested by eAppraiseIT, allow Mercury Network Members in the lender community to leverage a la mode’s superior coverage, technology, and reputation with appraisers to enhance eAppraiseIT’s trading partner relationships.

During the pilot, eAppraiseIT will test a custom plug-in for Mercury that enables their appraiser trading partners to use their favorite form filling software, regardless of its brand. Contents of the compressed data container delivered to eAppraiseIT will include the PDF appraisal report and the MISMO-compliant XML tracking data. Workflow and review rules designed by eAppraiseIT will pre-process the report.

"eAppraiseIT regularly explores new technology designed to help us better communicate with appraisers and improve workflow," said Shawn McGowan, executive vice president and chief strategic officer of eAppraiseIT. "a la mode's extensive appraiser network and outstanding reputation make it a strong candidate for future collaboration. Through this pilot program, we hope to clearly identify the synergies between our organizations."

The Mercury Network is an open architecture platform, based on Extensible Markup Language (XML) standards established by the Mortgage Industry Standards Maintenance Organization (MISMO). a la mode customers - real estate appraisers - subscribe to the Mercury Network to safely connect electronically to more clients while using the report form filling software of their choice.

Scott Kinnaird, VP of Business Development for a la mode, commented, “Mercury Network members, such as eAppraiseIT, enjoy a range of options that includes using our robust back-office tools. Because our tools are developed as reliable Microsoft .NET services, the scalability and portability of our products provide companies such as eAppraiseIT a level of control and confidence unavailable to them in the past.”

Focused on connecting every segment of the industry, the Mercury Network consists of true desktop software components and lender-centric server software tied together by a la mode's net.X™ backbone. Members of the Mercury Network enjoy simple and elegant solutions to common collateral workflow problems which have not been sufficiently addressed by internet portals or legacy report-conversion products.

About eAppraiseIT, LLC
eAppraiseIT, LLC offers the most comprehensive and innovative line of products in the valuation industry including EagleCert®, the industry's first insured valuation solution; RAVe, a progressive valuation solution designed to reduce the expense and time of the valuation process for equity, default, review and niche channels; several new broker price opinion (BPO) products to support the default and equity markets; and a full suite of industry-leading automated valuation models (AVMs).