WFG’s Valutrust Solutions AMC Adds New Valuation Offerings
Valutrust Solutions, LLC, a Williston Financial Group company, providing national appraisal management services and proprietary technology solutions to banks and residential lenders, has added property evaluation services and broker price opinions (BPOs) to its suite of property valuation offerings.
For origination transactions, Valutrust’s ValuTrue property evaluation services can be ordered with or without interior inspection, as can BPOs, which are now available for servicing and default management.
“By adding economical and efficient evaluations to our full slate of traditional and alternative valuation offerings and nationwide appraisal management services, we can now provide our customers a broader array of valuation service through an advanced, customizable ordering platform,” said Sean Pyle, president of Valutrust Solutions. Â “And, as the valuation industry evolves to meet the demands of mortgage lending and servicing companies, Valutrust will be on the forefront to help its clients succeed.”
With the addition of these new services, Valutrust customers now have a single-source solution for all their property valuation needs, including property valuation solutions such as AVMs, evaluations, appraisals, field valuation services and BPOs; valuation review offerings; and property and market condition reports.
For added convenience and expedience, these services are all available through the proprietary Valutrust platform, providing one-stop ordering capabilities with lender-driven, rules-based product selection, and a robust dashboard that allows lenders and their clients to monitor progress and check order statuses along the way.
As part of the WFG family of companies, Valutrust Solutions brings customizable technology to the appraisal process, helping make it both faster andmore efficient by utilizing the Valutrust platform, which seamlessly integrates with loan origination systems (LOS) and other industry ecosystem partners, helps automate workflow, streamline communication and support compliance requirements.
The new Valutrust ValuTrue property evaluation services work in accordance with the Interagency Appraisal Guide (IAG), and provide a real property collateral evaluation as an alternative to a full appraisal for qualifying residential transactions with a maximum value of $250,000. Also, as required by the IAG, the property evaluations contain sufficient information detailing the analysis, assumptions and conclusions to support the credit decision, as well as the source of information used in determining the property value.
Valutrust’s web-based portal also enables lenders to order and receive real estate products and services from all WFG companies, including WFG Lender Services’ title and closing services. Features include real-time pricing functionality, role-based user access and management, customized reporting and single-source score carding, and centralized document and data retrieval for all loan records.
The Place for Lending Visionaries and Thought Leaders. We take you beyond the latest news and trends to help you grow your lending business.