DS News

DS News August 2018

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM 49 Property Valuations Index SPECIAL ADVERTORIAL SECTION Technology Solutions: ServiceLink offers a variety of solutions to meet valuation needs through all stages of a real estate transaction. ServiceLink is committed to innovation and investment in new valuation solutions as industry and client's needs evolve. EXOS is the newest product of this innovation and is the leader in providing cloud-based digital technologies to real estate lenders and servicers. This platform specializes in providing feature-rich capabilities to enhance, or to complete, our customers' digital mortgage strategy. Unlike other market offerings, EXOS is live, ready, and market proven, and it will continue to transform the appraisal space and overall mortgage servicing industry. Regulatory Compliance: ServiceLink is committed to upholding the highest levels of compliance and ensuring ServiceLink is at the forefront of risk mitigation. ServiceLink's Regulatory and Compliance Counsel monitors all new and pending regulations and participates in industry engagements to receive the most current information. ServiceLink also maintains documented policies and procedures to help clients meet third-party oversight requirements. Experienced Vendor Network: ServiceLink has one of the largest real estate appraiser, broker, and real estate agent panels in the industry and believes that maintaining strong vendor relations is vital. Our vendor management team and Chief Appraiser office is dedicated to the recruitment, education, coaching, and overall relationship with members of ServiceLink's network. ServiceLink offers industry training and coaching to all valuation vendors in group and individual settings to enhance their understanding of evolving industry regulations and client-specific requirements. We also offer ServiceLink University, a free online repository of training courses for appraisers, brokers, and agents. Quality: ServiceLink's focus on quality helps eliminate the service, time, and cost impacts that are associated valuation reconsiderations. » Each report undergoes automated and manual review » Rules and analytical tools focus on client-specific compliance requirements and all federal and state regulations » Enhanced QC tools leveraging AVMs, HPI, proprietary, and public data to independently confirm valuation data points » Consistent high-quality ratings with top lenders, servicers, and investors ADDED VALUE TO CLIENTS The ServiceLink difference … a complete suite of valuation solutions (including alternative and proprietary products), superior quality control, nationwide coverage, scalable capacity, origination-servicing differentiation, industry- leading compliance practices, customizable unique integrations, and innovative and intuitive technology. ServiceLink is supported by the financial strength and stability of its parent company, Fidelity National Financial, which is the highest-ranked company in the Title Insurance industry in the Fortune 500 (293 of 500) as of June 2017. KEYS TO SUCCESS PEOPLE … It all starts with incredible talent. With an experienced, innovative leadership team at the helm, ServiceLink is focused on attracting, retaining, and developing talent in every discipline in its organization. ServiceLink ensures the right talent is dedicated to the right account, training teams of client-focused specialists who become an extension of the client. » ServiceLink's SVP and Chief Appraiser, Danny Wiley, SRA, is an industry leader: » Appraisal Standards Board (ASB) Chairman 2002 – 2004 » ASB Board Member 2001 – 2006 » USPAP co-author » 25+ years residential appraisal experience » Certified AQB/USPAP instructor PROCESSES … ServiceLink is committed to quality and compliance. Clients have confidence in ServiceLink's reliability and integrity to get the job done efficiently and effectively, ensuring that their businesses will operate at peak performance while mitigating risk. ServiceLink maintains a dedicated, full-time Risk and Compliance team focused solely on understanding and responding to federal and state legislation and GSE requirements. TECHNOLOGY … ServiceLink's investment in technology is unmatched. ServiceLink utilizes best-in-class technology to revolutionize the industry and reduce valuation turn times, increase productivity, and reduce costs. ServiceLink's technology is scalable, flexible, and configuration-based to meet investor/insurer requirements and individual business objectives. GEOGRAPHICAL SCOPE AND COVERAGE AREA ServiceLink Valuation Solutions conducts business in all 50 states and has an extensive panel of skilled, experienced valuation professionals. ServiceLink has the local market expertise and history of superior service to deliver process efficiencies that accelerate and simplify the valuation process for servicers nationwide. INDUSTRY AWARDS & ACCOLADES Morningstar assigned a 'MOR RV1' ranking to ServiceLink Valuation Solutions as a residential vendor for asset valuation each year since 2016. MOR RV1 is Morningstar's highest residential vendor ranking and is defined by Morningstar as "exceeds prudent vendor standards and requirements for the vendor's operational category and role." HW Tech100 Award: EXOS Technologies—ServiceLink built the EXOS digital platform to digitize title, appraisal, and closing processes, HousingWire Magazine (2018)

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