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ValuAmerica Integrates with FHA’s Electronic Appraisal Delivery Portal

TechnologyNational title agency, appraisal management company (AMC) and technology provider ValuAmerica announced that it is now integrated with the Federal Housing Administration (FHA)’s Electronic Appraisal Delivery (EAD), a Web-based technology system that enables FHA-approved lenders and their third-party service providers to transmit appraisal data and reports to FHA prior to loan endorsement.

The EAD portal reviews submissions against FHA appraisal data and report requirements in real time, and notifies lenders of any discrepancies that need to be addressed.

“We’re committed to providing our clients with the services and technology they need to successfully run their mortgage businesses,” said Shawn Murphy, executive vice president of ValuAmerica. “Integrating with FHA’s EAD portal will help our clients enormously by streamlining data entry processes, allowing them to seamlessly upload reports to FHA, and reducing error rates before endorsement by identifying any appraisal data or compliance issues upfront.”

ValuAmerica, headquartered in Pittsburgh, is one of the first AMCs to provide access to the EAD portal with direct system-to-system integration for its lender clients. All FHA-approved lenders are required to use the EAD portal effective June 27, 2016.

About Author: Brian Honea

Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.
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