Tag Archives: real estate valuation solutions

Global DMS Integrates EVO Appraisal Management Software with ProxyPics, Enabling Remote Real Estate Inspections

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its new EVO platform, an innovative valuation technology that shatters the constraints of yesteryear software designs, with ProxyPics to provide its clients with a secure method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

EVO(tm) ProxyPics allows lenders, AMCs, and appraisers to seamlessly request and receive high quality photos of both the interior and exterior of the subject property directly from the home occupant, who utilize ProxyPics' patented mobile app to easily take the required photos, answer pre-set questions about the quality, condition, and unique characteristics of their home, and submit the information back to EVO for immediate use.

The entire process is automated, secure, protects against fraud, and requires no additional work or oversight from those using EVO - who never have to leave the platform.

"In addition to providing outstanding appraisal management technologies, the safety of our clients is of top concern," said Global DMS(R) COO, Jody Collup. "This integration not only provides timely, cost-effective, and accurate values for all loan types, it allows those using EVO to efficiently complete their valuations without ever leaving their desk."

With EVO ProxyPics, lenders, AMCs, and appraisers can remain socially distant while still receiving the vital information they need for completing accurate valuations that are in full compliance with the temporary appraisal guidelines that were enacted by federal regulators in response to COVID-19.

"At ProxyPics, we agree that customer safety is a top priority," said Luke Tomaszewski, CEO of ProxyPics. "Integrating our innovative solution with a state-of-the-art appraisal management platform like EVO provides financial entities with the necessary tools for conducting remote inspections that still meet the demands of the highly regulated mortgage industry."

Though developed for today's unique mortgage environment, EVO ProxyPics will continue to serve its users well into the future by providing a simple and completely digital method for securing the primary photos of a subject property as quickly as possible - helping to streamline their appraisal process and decrease turn-times.

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(tm) (EVO-Res) platform for residential lending, EVO-Commercial(tm) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(tm) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

*LOGO links for media:
[1] https://www.Send2Press.com/300dpi/20-0922s2p-globaldms-300dpi.jpg
[2] https://www.send2press.com/300dpi/19-1028s2p-gdms-evo-300dpi.jpg

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its new EVO platform, an innovative valuation technology that shatters the constraints of yesteryear software designs, with ProxyPics to provide its clients with a secure method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

Related link: https://www.globaldms.com/

Global DMS COO Jody Collup Receives 2020 Most Powerful Women in Fintech Award from PROGRESS in Lending

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based real estate appraisal management software, is proud to announce that its COO, Jody Collup, was recognized by PROGRESS in Lending for its second annual Most Powerful Women in Fintech Award, which honors women leaders at technology companies who are helping reshape the Financial Services industry through innovative and influential ideas.

Ms. Collup was recognized for her more than 25 years of diverse experience working in both the private and non-profit sectors, with much of her experience being in the technology sector of the mortgage industry.

Prior to joining Global DMS(R), Jody worked for Calyx Software, Inc., where she successfully aligned sales with marketing to establish brand consistency and positive industry awareness. She was then hired as Global DMS' first and only VP of Marketing in 2013, becoming the driving force behind all the company's branding and communication practices that are still in place today.

Ms. Collup's growth continued, as she began to oversee Global DMS' sales and account management departments - helping to increase the company's overall profitability through new opportunities. This success led to Jody's current position as COO, where she is now responsible for Global DMS' overall operations and strategy.

In this latest role, Ms. Collup's leadership has been instrumental in launching Global DMS' next-generation appraisal management software, EVO(tm), which shatters the constraints of yesteryear software systems via its unprecedented configurability and workflow automation - allowing mortgage lenders and appraisal management companies (AMCs) to customize all aspects of the platform, including its fields, in real time.

"I'm truly honored to receive this award from PROGRESS in Lending," said Jody. "It's been an exciting time for Global DMS as we've continued to embrace innovative ideas that not only provide the best possible technology solutions for our clients, but also the best possible working environment for our staff."

For the complete list of PROGRESS in Lending's 2020 Most Powerful Women in Fintech winners, please visit: https://mymortgagemindset.com/the-2020-most-powerful-women-in-fintech-award-winners-are/

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(tm) (EVO-Res) platform for residential lending, EVO-Commercial(tm) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(tm) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0901s2p-gdms-judy-collup-300dpi.jpg
*Caption: Global DMS COO, Jody Collup.

Global DMS, a leading provider of cloud-based real estate appraisal management software, is proud to announce that its COO, Jody Collup, was recognized by PROGRESS in Lending for its second annual Most Powerful Women in Fintech Award.

Related link: https://www.globaldms.com/

Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

Those that utilize EVO-Res(TM) to manage their valuation operations will be protected by Global DMS' Compliance Guarantee Program as it pertains to Appraisal Independence Requirements, appraiser licensing, borrow receipt of the appraisal, and report and delivery to both Fannie Mae and Freddie Mac.

Global DMS' new program allows institutions concerned with appraisal compliance to effectively remove appraisal risk from the equation, while ensuring they comply with Dodd-Frank's Section 1471, the Equal Credit Opportunity Act's (ECOA) Regulation B, the Truth In Lending Act's (TILA) Regulation Z, the Uniform Standards of Professional Appraisal Practice (USPAP), and both the GSEs and FHA's seller guides.

All EVO-Res users will be eligible for this new program, provided they're following Global DMS' Best Practice Configuration within the system, which promotes appraisal compliance through automation - such as automated license validation, vendor assignment, appraisal reviews, UCDP and EAD submissions, and more.

Implementing an automated valuation process through the use of status-driven triggers ensures compliance by eliminating manual touch-points that lead to human error and oversight. With EVO-Res, this automation not only covers the entire process, it's 100% configurable - allowing lenders and AMCs to customize and run their specific workflows as needed, no development intervention required.

"The appraisal industry is always in flux, and it's imperative for all participants to quickly adapt to the drastic changes introduced by federal regulation, state legislation, public policy, and lending guidelines," said Global DMS(R) COO, Jody Collup. "The key to being compliant and efficient is having an all-encompassing platform that supports dynamic change, as well as an intuitive interface that doesn't require expensive, time-consuming custom development work."

For more information on EVO-Res' Compliance Guarantee Program, contact Global DMS at evoinfo@globaldms.com or 877-866-2747 (option 2).

How compliant are your appraisal operations? Find out by downloading our Ultimate Compliance Checklist here: http://go.globaldms.com/compliance.

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Global DMS solutions include its new EVO-Residential(TM) (EVO-Res) platform for residential lending, EVO-Commercial(TM) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

Related link: https://www.globaldms.com/

HousingWire Names Global DMS a 2020 Tech100 Award Winner for EVO Appraisal Management Software

LANSDALE, Pa. /ScoopCloud/ -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has earned a spot on HousingWire's seventh annual Tech100 awards list, which recognizes the most innovative technology companies in the U.S. housing economy, spanning the real estate mortgage industries.

"This year's Tech100 winners blew past innovation, moving beyond innovation to transformation," HousingWire's Associate Magazine Editor Kelsey Ramírez said. "In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved."

Global DMS® was recognized for the successful development and roll-out of EVO-Res™ - the industry's next-generation valuation management technology for residential lenders, AMCs, and appraisers. EVO-Res offers state-of-the-art technological advances that allows users to work the way they need to work, which is very different than other platforms currently available in the market.

EVO-Res is user role-based, providing a customized experience for each user that includes separate dashboards and task lists to help drive optimal performance. The platform is also 100% configurable-allowing users to configure every field and/or add new fields on the fly-and provides custom order forms, review forms and detailed reporting, where users can build the forms and reports they need in minutes. Previously, these types of changes would require costly and time-consuming development intervention.

"We put a great deal of thought into the design and underlying functionality of EVO-Res, collaborating with clients and diligently operating in an R&D mode for years," said Vladimir Bien-Aime, President and CEO of Global DMS. "We're thrilled that our efforts landed us on HousingWire's 2020 Tech100 list and honored to receive this recognition."

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing," said HousingWire CEO, Clayton Collins. "Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

For the complete list of HousingWire's 2020 Tech100 winners, please visit: https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential™ (EVO-Res) platform for residential lending, EVO-Commercial™ (EVO-C) platform for commercial lending, eTrac® Enterprise valuation management platform for residential lending, SnapVal™ appraisal pricing solution, eTrac WebForms, Global Kinex®, AVMs, the MISMO Appraisal Review System (MARS®), ATOM (Appraisal Tracking on Mobile.

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward.

Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

*LOGO link for media: https://www.Send2Press.com/300dpi/20-0306s2p-global-dms-300dpi.jpg

Global DMS, a leading provider of cloud-based appraisal management software, announced that it has earned a spot on HousingWire's seventh annual Tech100 awards list, which recognizes the most innovative technology companies in the U.S. housing economy, spanning the real estate mortgage industries.

Related link: https://www.globaldms.com/

CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform

LANSDALE, Pa., March 29, 2016 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation's leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS' eTrac platform.

This has enabled CMG to work with its AMC providers that have disparate systems through a single interface with eTrac. As a result, processors and brokers no longer have to log into each AMC's system to place appraisal orders. From within eTrac, CMG users can order and assign appraisals, track them with real-time status, review appraisals, and they are then automatically delivered to the Uniform Collateral Data Portal (UCDP) in full compliance and without errors or missing data.

"After we implemented eTrac, our AMC assignments became automatic and thus it really simplified and sped up our orders," said Peter Gilbert, chief credit officer at CMG. "The eTrac Workflow Engine also played a significant role in the implementation by automating notifications and file delivery to the ordering parties and borrowers. eTrac has made our appraisal process very easy and efficient and we always know that we are compliant and have quality appraisals."

Global DMS' Workflow Engine eliminates manual intervention, automatically handling many intricate and disparate tasks in CMG's unique appraisal process. Custom business rules were applied to tailor CMG's appraisal management workflow to their preferences and specific internal procedures.

"CMG runs numerous appraisal orders through our system each month with an elevated level of workflow-driven efficiency," says Vladimir Bien-Aime, president and CEO of Global DMS. "The fact that eTrac effectively centralized CMG's utilization of multiple AMCs and automated nearly all appraisal functions using our Workflow Engine speaks volumes about the flexibility and scalability of our platform."

eTrac facilitates far-reaching compliance functionality that is proven to automatically keep lenders compliant with changing state-based rules, federal laws, the Consumer Financial Protection Bureau (CFPB) and the Dodd-Frank Act.

About Global DMS

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a Software-as-a-Service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. The product line-up includes its eTrac(R) valuation management platform, eTrac Web Forms, Global Kinex, AVMs and data analytics products, BPO management platform, the MISMO Appraisal Review System (MARS), ATOM (Appraisal Tracking On Mobile) and AMCmatch.com. For more information, visit the company's website at http://www.globaldms.com/ or call (877) 866-2747.

About CMG Financial

CMG Financial is a well-capitalized, privately held mortgage-banking firm founded in 1993. The company makes its products and services available to the market through three distinct origination channels including Correspondent Lending, Wholesale Lending and Retail Lending. CMG Financial currently operates in most states and the District of Columbia, and holds federal agency lending approvals with HUD, VA, RHS, GNMA, FNMA and FHLMC. Throughout the mortgage banking and housing markets, CMG Financial is widely known for responsible lending practices, industry and consumer advocacy, product innovation, and operational efficiency. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS# 1820 in most, but not all states. CMG Mortgage Inc. is an equal opportunity lender. For more information, visit http://www.cmgfi.com/.

Global DMS Twitter: @GlobalDMS - https://twitter.com/GlobalDMS.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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