ValueLink Software has partnered with real estate valuation and analytics fintech company Clear Capital to enable its users to order Clear Capital’s suite of valuation products, including hybrid and desktop products, according to a press release.
The valuation industry is currently undergoing major changes including a declining appraiser population coupled with a surge in origination volumes. These changes have accelerated efforts to modernize the valuation process, the release stated.
As lending volume spikes, there is added pressure to close loans quickly to drive the market and adopt cost-effective alternatives to traditional valuation solutions. The integration with Clear Capital’s suite of valuation products gives ValueLink customers the flexibility to offer tailored solutions to their clients.
“Partnering with Clear Capital enables us to cater to the evolving needs of the mortgage industry by offering a one-stop solution to order and manage traditional and non-traditional valuation products that reduce time, cost, and risk for our customers,” ValueLink Software Chief Operations Officer Farrukh Omar said in the release.
Clear Capital’s innovative technology, along with its hybrid and desktop offerings are driving modernization in the valuation space.
“Clear Capital is committed to removing friction and reducing turn time from the appraisal process through delivering modern solutions within the lenders’ ecosystem,” Kenon Chen, executive vice president of corporate strategy, said. “Our integration with ValueLink allows us to continue to deliver on this commitment.”