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a la mode to Waive Fees for Disaster Inspection Reports

Real estate technology provider a la mode, inc. announced that its Mercury Network service will waive all fees related to gathering disaster reports in areas impacted by Hurricane Sandy. According to a company release, in the aftermath of Sandy, orders for disaster inspection reports from lenders increased more than 200 times the normal level.

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LPS’ Appraisal Unit Turns to Mercury Network for UMDP Compliance

Oklahoma-based a la mode announced this week that a second major technology provider has selected the company's Mercury Network to ensure compliance with Fannie Mae and Freddie Mac's Uniform Mortgage Data Program (UMDP). Lender Processing Services' LSI division is the latest to sign on to a la mode's system. Last week, the company said CoreLogic has also chosen its Mercury Network for appraisal management that meets the GSEs' requirements.

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CoreLogic Chooses Mercury Network for Appraisal Management

Oklahoma-based a la mode announced this week that CoreLogic chose to connect its ValuEdge platform with Mercury Network for receipt of the Native XML appraisal data needed for compliance with Fannie Mae and Freddie Mac's jointly established Uniform Mortgage Data Program (UMDP). A custom plugin will connect CoreLogic with the Mercury Network of real estate appraisers. The plugin will run an extensive set of quality control rules against the report prior to delivery.

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Real Property Insight Selects Mercury Network for New Valuation Service

The Oklahoma-based technology developer a la mode has teamed up with Real Property Insight to bring the industry a new valuation service for distressed assets. Real Property Insight is a specialized integrator of information and services focused on distressed asset disposition, and the company has selected a la mode's Mercury Network Vendor Management Platform to manage the valuation portion of its new product, the Real Property Insight (RPI) Report. a la mode estimates this valuation service will save the industry approximately $72 billion.

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a la mode Expands Mercury Network to Offer BPOs

Oklahoma-headquartered a la mode, a developer of desktop, mobile, and Web tools for the real estate and mortgage industries, is expanding its Mercury Network vendor management platform (VMP) to offer broker price opinions (BPOs). Mercury Network is an online VMP, allowing lenders and appraisal management companies to manage appraisals nationwide.

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a la mode Splits into Separate Mortgage and Real Estate Divisions

a la mode, a developer of desktop, mobile, and Web tools for appraisers, agents, inspectors, and lending professionals, has created two separate divisions inside the company to better serve its varied customer base. The Real Estate Solutions division will serve the company's clients working as real estate agents and brokers, appraisers, and inspectors. The new Mortgage Solutions division will focus on serving mortgage lenders, loan officers, compliance officers, mortgage brokers, servicers, appraisal management companies, and REO/asset managers.

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Veros Integrates with a la mode’s Mercury Network for Appraisals

Oklahoma City's a la mode recently announced that Veros Real Estate Solutions has integrated their VeroSELECT and Valuation Risk Management products with the company's Mercury Network vendor management platform. The integration connects Veros' platform clients with one of the industry's largest networks of real estate appraisers and appraisal management companies, and provides electronic appraisal submission in full compliance with the GSE's Uniform Mortgage Data Program (UMDP) requirements.

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