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Typical appraisal escalation to address repurchase risk

Typical appraisal escalation to address repurchase risk

If a lender is dissatisfied with an appraisal report and the associated collateral risk they typically follow an appraisal escalation path to seek a remedy. CU helps users determine which risks exist, and AURA assists with engaging the appraiser with clarification and...

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LenderX® LX 2023.05 Release

LenderX® LX 2023.05 was released on 4/4/2023. LenderX has made several enhancements to allow customers to order any residential and commercial real-estate valuations which may be required for agency, government, and non-QM originations, home equity, servicing, and...

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LenderX® LX 2023.04 Release

LenderX® LX 2023.04 was released on 3/23/2023. In this release, LenderX has updated the user interface to reflect the addition of vendors other than appraisers. This includes changing references of “Appraisers” to “Vendors” and “Appraisals” to “Orders.” This process...

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LenderX® LX 2023.03 Release

LenderX® LX 2023.01 was released on 2/28/2023. This release includes improvements to the way lender companies and AMCs are able to communicate within the LenderX system. These improvements are controlled by 2 preferences. Allow Unconstrained Order Comments for orders...

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LenderX® LX 2023.02 Release

LenderX® LX 2023.02 was released on 2/21/2023. This release allows vendor companies to specify the type of work they do and categorize themselves as Appraisal Company, AMC, or Alternative Valuations company. Additionally, we have added new forms to the LenderX fee...

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LenderX® LX 2023.01 Release

LenderX® LX 2023.01 was released on 1/26/2023. This release begins the process of expanding our offerings to provide solutions for Appraisal Modernization, Servicing, Home Equity, Agriculture, Commercial Lending, Non-QM, and more. Vendors now have the ability to...

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