Tag Archives: valuation data and analytics

Platinum Data Launches RealView QB (Quality Bridge), Providing Lenders and Appraisers with a Transparent Single System of Record for Appraisal QC

valuation data and analytics

ALISO VIEJO, Calif., April 5, 2016 (SEND2PRESS NEWSWIRE) -- Platinum Data Solutions, a provider of valuation data and analytics solutions, has launched RealView(R) QB (Quality Bridge), the industry's only appraisal quality technology that allows users to authorize access and share information with third parties, including lenders, AMCs, appraisers and investors.

RealView QB is a workflow feature in RealView, the industry's most advanced appraisal quality technology. It enables a single, centralized system of record for appraisal quality control. With RealView QB, users can invite virtually any relevant party to access their appraisal quality and underwriting process on a limited, user-defined basis. These third parties simply log in to RealView, review appraisal QC results and immediate take action. Examples of these actions include resolving issues, providing explanations or revisions, asking questions, such as clarification on comp selection, and much more.

By sharing a single system of record, RealView QB can eliminate some of the most time consuming, error-prone activities in the mortgage process, such as rekeying appraisal information, communicating findings and requesting additional information.

"The back-and-forth nature of the appraisal QC process slows the mortgage process and costs companies thousands of dollars each year. Plus, when lenders, AMCs, appraisers and investors operate in silos, it's difficult to achieve transparency," said Phil Huff, president and CEO of Platinum Data. "RealView QB's real-time information sharing reduces mistakes and repetitive tasks while bringing transparency to appraisal QC. All parties benefit from lower costs and protected margins, and the industry as a whole gains the transparency it needs."

Platinum Data's online platform and analytical tools are used to protect the country's top 10 mortgage lenders, and are integrated with nine of the top 10 appraisal management systems.

ABOUT PLATINUM DATA SOLUTIONS:
Platinum Data Solutions provides valuation data and analytics technologies that help mortgage lenders, servicers, investors, AMCs and their vendors value collateral, identify potential collateral weaknesses and manage collateral risk. The company's online platform and analytical tools protect the country's top 10 mortgage lenders and help hundreds of companies to perform due diligence and prevent collateral-based loss. Each year, Platinum Data protects billions of dollars in assets across the U.S. against collateral-based non-compliance, buybacks and other risks. The company's RealView system pioneered computer-assisted appraisal underwriting. Its valuation analytics channel provides the industry's only turnkey services that assure the responsible use of AVMs. Platinum Data Solutions is based in Aliso Viejo, California and was founded in 2002.

For more information, visit http://PlatinumData.com/, follow @Platinum_Data or email info@PlatinumData.com.

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To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/platinum-data-launches-realview-qb-quality-bridge-providing-lenders-appraisers-transparent-single-system-record-appraisal-qc-2016-0405-03.shtml.

NEWS SOURCE Platinum Data Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Platinum Data Named to HousingWire’s HW TECH100 for Third Consecutive Year

valuation data and analytics

ALISO VIEJO, Calif., March 1, 2016 (SEND2PRESS NEWSWIRE) -- Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire's HW TECH100(TM) list for the third year of the three year old awards program.

The HW TECH100(TM) highlights the housing economy's top 100 technology innovators. According to the publication, the number of applicants for the 2016 awards increased significantly from previous years.

Platinum Data, whose technologies include RealView(R) appraisal quality and compliance technology, OptiVal(R) AVM suitability testing technology, and Collateral Expert(R), an address-driven property data technology, was recognized for innovation in two key areas:
* Appraisal quality and compliance
* Valuation data and analytics.

Since hiring eLynx co-founder Phil Huff as CEO in 2012, Platinum Data been focused on consistent innovation.

"Innovation is at the core of our goals for this year and into the next," said Huff. "Appraisal and valuation accuracy and quality are a major focus in the industry right now, so there's a huge need for the type of solutions we have innovated and will continue to innovate. It's so validating for a publication as respected as HousingWire to endorse our contributions to the industry."

Since he joined the company, Platinum has launched the industry's first free appraisal review technologies specifically for appraisers; released the industry's first user-controlled customization function in an appraisal technology; introduced the industry's only pay-as-you go AVM compliance program; created the industry's only independent peer comparison feature for identifying appraiser-to-appraiser property description discrepancies; secured over 70 new lender clients; and much more.

"The companies in the HW TECH100 are providing innovative solutions to the traditionally hide-bound mortgage finance industry," said HousingWire Editor-in-Chief Jacob Gaffney. "In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry."

Platinum Data's online platform and analytical tools are used to protect the country's top 10 mortgage lenders, and are integrated with nine of the top 10 appraisal management systems.

ABOUT PLATINUM DATA SOLUTIONS:

Platinum Data Solutions provides valuation data and analytics technologies that help mortgage lenders, servicers, investors, AMCs and their vendors value collateral, identify potential collateral weaknesses and manage collateral risk. The company's online platform and analytical tools protect the country's top 10 mortgage lenders and help hundreds of companies to perform due diligence and prevent collateral-based loss. Each year, Platinum Data protects billions of dollars in assets across the U.S. against collateral-based non-compliance, buybacks and other risks.

The company's RealView system pioneered computer-assisted appraisal underwriting. Its valuation analytics channel provides the industry's only turnkey services that assure the responsible use of AVMs. Platinum Data Solutions is based in Aliso Viejo, California and was founded in 2002.

For more information, visit http://www.platdata.com/, follow @Platinum_Data or email info@PlatinumData.com.

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/platinum-data-named-to-housingwire-hw-tech100-for-third-consecutive-year-2016-0301-03.shtml.

NEWS SOURCE Platinum Data Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.