Third straight year: Mercury Network honored with Progress in Lending’s “Top Innovation” award

Written by on March 24, 2014

a la mode announced today that Mercury Mobile™, a new iOS app enabling appraisers to respond to new Mercury Network orders instantly, was named a Top Innovation of 2013 by the PROGRESS in Lending Association. Mercury Mobile is available for free for iPhone® and iPad®in the Apple® App Store .

a la mode's Mercury Network has won the Innovations Award three consecutive years, for three different technology products, and is the only team in the history of PROGRESS in Lending Association to win more than once.

This year's win, Mercury Mobile, allows appraisers to accept, decline, or negotiate an order placed on Mercury Network from their mobile device while out in the field doing inspections on other properties. It eliminates common delays in the appraisal process and has a significant and immediate impact on the efficiency of the entire industry since over 600 lenders and AMCs rely on Mercury Network to power over 20,000 appraisal deliveries a day. With the release of the free Mercury Mobile app to the appraisal vendors on the platform, lenders and AMCs placing orders on the Mercury Network will see instantaneous turn time improvements.

Mercury Mobile eliminates delays in the appraisal ordering process caused by appraisers in the field doing inspections on other properties, without a connection to accept, decline, or negotiate orders. With the free app, appraisers can immediately act on a Mercury Network client order, resulting in faster operations for any Mercury Network lender or AMC, and the elimination of lost opportunities for appraisers who are away from the office on field inspections.

For appraisers, the Mercury Mobile app combines with a la mode's industry-dominating mobile appraisal inspection and sketching product, TOTAL for Mobile, so they can efficiently handle the entire order-inspection cycle onsite on an iPad, even further reducing turn times.

"We're grateful for the honor from PROGRESS in Lending," said Jennifer Miller, president of a la mode's Mortgage Solutions Division. "Mobile apps are an important trend in the industry, but Mercury Mobile goes beyond typical mobile app significance because more appraisers nationwide use our software than all other brands combined. With the training, support, and distribution network to successfully penetrate the appraisal vendor population in significant numbers, Mercury Mobile can solve industry-wide problems immediately."

a la mode has a long history of mobile innovation, with over 300,000 downloads of popular apps for appraisers and real estate agents that are available in every major mobile marketplace, including the Apple App Store and Google Play™.

For more information on Mercury Mobile, visit www.MercuryVMP.com/MercuryMobile. To download Mercury Mobile free in Apple's App Store, visit http://alashort.com/1c0YBwO.

###

About a la mode

Celebrating 28 years as a mission-critical workflow technology leader in the real estate and mortgage industries, a la mode's products are used by hundreds of thousands of appraisers, salespeople, inspectors, and lending professionals to power more than 50% of all residential real estate transactions in the US each year. a la mode's flagship product for the lending industry is its Mercury Network, the nation's premiere valuation Vendor Management Platform with over 20,000 transactions a day. In the appraisal sector, its TOTAL desktop software line is dominant, used by more appraisers than all other brands combined. And in the agent market, a la mode's Broker Reciprocity and Analytics products enjoy top-tier direct access to MLS listings and sales data via integration contracts with local boards serving more than 500,000 licensed salespeople nationwide.

a la mode is headquartered in Naples, FL, with additional offices and approximately 200 employees located in Oklahoma City, Salt Lake City, and Washington, DC. For more information about the company, visit www.alamode.com.

Contact:

Molly Dowdy

EVP, Marketing

Mortgage Solutions Division

a la mode, inc.