North Hollywood, March 12, 2014 – Landmark Network, Inc., a leading provider of valuation management services and technology for lenders and brokers, announced an expansion of their DocuVault service, allowing streamlined management and delivery of Landmark and non-Landmark appraisals, AVMs, Field Reviews and Desk Reviews. This expansion further supports lender compliance with ECOA regulations for document tracking and delivery to the borrower. Utilizing a state-of-the-art software platform, the lender eliminates the necessity for internal manual tracking and management of the delivery process while retaining control over when a file is released.
Upon release, Landmark delivers the appraisal and all supplemental valuation documents through the lender’s preferred method, either via email or hard copy mail via the USPS Priority Mail service. In the case of email delivery, the Landmark Network system provides detailed tracking of notifications sent to the borrower as well as confirmation of download of the documents. In the case of mail delivery, the system provides a confirmation and tracking number for the package being shipped via USPS Priority Mail. The DocuVault system also features a direct integration with the USPS website that allows for real-time confirmation of delivery on all hard-copy appraisals mailed.
“Our overall strategy for 2014 involves setting ourselves apart from the competition by proving to be not only a valuable valuation partner for our clients, but also a solid technology provider. We pride ourselves on our ability to think outside the box and continue to innovate and provide clients with technology solutions that help streamline their processes and support their internal compliance.”
In addition to offering a delivery service, DocuVault acts as a repository for the lenders where they can upload all necessary documents within Landmark’s secure servers. These documents will then be stored and continue to be available for a period of up to 7 years.
About Landmark Network:
Landmark Network is a Los Angeles-based appraisal management company that offers a full range of national valuation and technology solutions. With branch offices in Boston and New Jersey and an east coast operations center in Maine, Landmark stands apart by paying premium rates and selecting appraisers based on the specifics of each assignment. In 2011, the company launched Landmark QCS, a compliance and post-closing audit service for mortgage lenders. Landmark included on Inc. Magazine’s Fastest Growing Companies in both 2012 and 2013; and most recently named a top Service Provider by Mortgage Executive Magazine.
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