Mercury Network is the dominant online Vendor Management Platform (VMP), allowing you to manage your entire appraisal workflow from any web browser, while remaining in full compliance with federal and burgeoning state regulations.
With Mercury Network, you can:
It's far more robust than any of the simple web-based “yellow pages” systems. Instead, it’s a complete appraisal ordering, receiving, and workflow management system. It’s been used by more than 200,000 mortgage professionals since 2002 to automate the full “round trip” of tens of millions of appraisals.
Mercury Network gives lenders all the efficiencies of an outsourced appraisal management company, yet you stay in full control. You don’t lose your existing local appraisers, and you keep appraisal fees lower for your cash-strapped borrowers. Yet, you’re still 100% compliant with DFA, FHA, GLB, and Federal Interagency Appraisal Guidelines.
Click here for a quick 2-minute video overview of the Mercury Vendor Management Platform, and give us a call at 1-800-434-7260. We'll give you a personal walkthrough and answer all your questions.
With Mercury Network, you’ll save time in appraisal quality assurance, compliance, and underwriting, since Mercury runs thousands of customizable rules against every report, before it even leaves the appraiser’s desktop. You also get XML data feeds (Fannie Mae CDD compliant, in fact) and secure encrypted transmissions to keep your data safe and GLB compliant.
Get a copy of our brochure: Click here.
How to: Use local appraisers and easily stay compliant
How to: Get organized and cut turn times