Connexions, an appraisal management software provider, recently announced its integration with CAPTURE Data Services supporting the Fannie Mae Value Acceptance + Property Data framework. Connexions leverages these integrations to enable mortgage lenders to efficiently comply with Fannie Mae's guidelines while embracing appraisal modernization by offering desktop appraisals, hybrid appraisals, and mobile data collection technology, the company announced in a press release.
The Connexions platform delivers a comprehensive toolset for mortgage lenders, appraisal management companies (AMCs), and appraisers, enabling integration with approved Fannie Mae Value Acceptance + Property Data service providers.
As the appraisal industry evolves, Connexions’ team of professionals and cutting-edge technology help businesses stay ahead of the curve and adapt to new functionality. Connexions aligns with the industry’s appraisal modernization initiatives, offering comprehensive support for today's market demands.
] The platform's key features include the following:
- Automated workflows for regulatory requirements and lender rules;
- Manage AMCs, appraisal companies, and QC vendors;
- Submit orders seamlessly to UCDP and EAD;
- Best-in-class security for compliance, permissions, access control, and always-on access;
- Ensure compliance with TRID, AIR, state, and federal regulations;
- Reduced end-to-end cycle times with improved quality;
- Automate eFolder document routing on completion;
- Custom and default reporting options; and
- Experienced onboarding and support staff.
“Our commitment to providing mortgage lenders with an advanced and user-friendly platform aligns perfectly with Fannie Mae's Appraisal Waiver + Property Data framework,” Connexions CEO/President Tom McCormick said in the release. “By offering a comprehensive suite of modern appraisal solutions, Connexions enables lenders to not only comply with current industry standards but also future-proof their business against ongoing changes in the appraisal landscape.'"