Topic:  Press Releases

a la mode announced today a new integration between Mercury Network and Byte Software's popular Byte-Pro loan origination software (LOS). The integration allows users to click a button inside the Byte-Pro system to log into Mercury Network and use the platform to manage their entire appraisal workflow. In addition to the time-saving automation, the interface provides tools that help users comply with all appraisal independence standards and applicable banking regulations.   Read more...

Phoenix, AZ - DataCourier, a service of a la mode's Mercury Network, was recognized as a Top Innovation of 2011 at an event hosted by the Progress In Lending Association at the Mortgage Bankers Association Technology in Mortgage Banking Conference and Expo. DataCourier makes appraisal delivery fool-proof, compliant, more efficient, and free for all parties involved.   Read more...

Oklahoma City, OK - a la mode announced today that use of its Mercury Network cloud-based appraisal vendor management platform has doubled appraisal transaction volume from 10,000 appraisal transactions a day to over 20,000 a day in just sixteen months.   Read more...

OKLAHOMA CITY, OK - a la mode announced today that its DataCourier service, powered by Mercury Network, has already been used to deliver more than one million appraisal reports since the new UAD requirements went into effect on Sept 1, 2011.   Read more...

a la mode announced today that Wilson's Computer Applications, Inc. (WCA) has connected their appraisers with Mercury Network via a Mercury Direct plugin. Appraisers using WCA's formfilling software, RealEasy Appraisals™, are now directly connected to the nation's largest lenders and appraisal management companies (AMCs) for streamlined delivery of UAD-compliant Native XML appraisal reports. Appraisers using WCA's software will be able to accept and deliver appraisal orders from Mercury Network's lenders and AMCs, including industry leaders such as ApprasialPort, LSI, CoreLogic, StreetLinks, Axios, Clear Capital, JVI, and more. WCA appraisers will have the same innovative technology as a la mode's appraiser clients, ensuring UAD-compliant appraisal delivery, eliminating delays and errors for lenders and AMCs as they submit loan files to the GSEs. "We're thrilled to welcome WCA appraisers to Mercury Network", said Jennifer Miller, President of a la mode's Mortgage Solutions Division. "WCA's commitment to providing their appraiser clients with the tools to be more profitable and efficient is evident. In fact, we hope other formfilling vendors follow suit by becoming MercuryDirect plugin partners." WCA's president Philip M. Wilson added, "We are pleased to be a part of the a la mode network and provide the MercuryDirect plugin to our customers enabling streamlined, UAD compliant appraisal deliveries. Our plugin with Mercury Network connects our appraisers to the largest appraisal vendor management platform, positioning them to deliver error-free reports to a very large list of the nation's biggest lenders and AMCs. It's clear that the easiest and fastest way to help our appraiser clients get more business is to connect them with Mercury Network." a la mode's Mercury Network is the nation's premiere Vendor Management Platform in the appraisal and BPO industries, offering both interfaceless "black box" MercuryDirect services and APIs, as well as "turn key" MercuryManaged web front ends for use by loan officers and compliance staff. It's used in both capacities by a lengthy roster of the nation's largest lenders and AMCs, as well as by numerous community banks, credit unions, wholesale and correspondent lenders, and mortgage brokers, simplifying full compliance with appraisal independence standards and banking security regulations. It's been used by more than 200,000 mortgage professionals since 2002 to automate the full "round trip" of tens of millions of appraisals. For more information, visit www.MercuryVMP.com.   Read more...

Oklahoma City, OK - a la mode announced today that its founder and sole shareholder, Dave Biggers, is retiring from the company's day-to-day management, and that a new CEO and Executive Chairman team will be running the company.   Read more...

Oklahoma City, OK - a la mode announced today that SFREP (Software for Real Estate Professionals) has connected their appraisers to Mercury Network for streamlined, compliant appraisal delivery. With this connection appraisers using SFREP's formfilling software, Appraise-It, are now directly connected to the nation's largest lenders and appraisal management companies (AMCs) for no-hassle delivery of UAD-compliant, Native XML appraisal reports.   Read more...

Oklahoma City, OK - a la mode announced today that Mercury Network, used by some of the largest lenders and appraisal management companies in the nation, is submitting live appraisals to Uniform Collateral Data Portal® (UCDP®) well ahead of the December 1st GSE deadline.   Read more...

Chicago, IL - From the floor of the MBA's Annual Convention, a la mode announced today that Xerox Mortgage Services will use Mercury Network's DataCourier service to add a new appraisal management service to the BlitzDocs® intelligent collaborative network. Xerox Mortgage Services' clients will now be able to receive and store appraisals in the BlitzDocs electronic loan folder™ (eFolder), submit appraisals to the GSEs in compliance with the Uniform Appraisal Dataset (UAD), and also send the appraisal and all related documents to investors.   Read more...

Oklahoma City, OK - a la mode announced today that StreetLinks Lender Solutions has chosen to launch a MercuryDirect plugin to receive the Native XML appraisal data needed for streamlined compliance with the GSEs' new mandatory UMDP initiative.   Read more...