Mercury Network

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. Click to view..

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. Click to view..

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. Click to view..

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. Click to view..

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. Click to view..

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. Click to view..

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. Click to view..

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. Click to view..

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. Click to view..

a la mode announced today that Academy Mortgage Corporation has launched a new MercuryDirect plugin, giving it the Native XML appraisal data needed for streamlined UMDP compliance. Click to view..

a la mode, inc., the dominant market share leader in the appraisal technology sector, announced its “UAD Reader” product today. UADReader is a free desktop tool which allows anyone to open, view, error-check, and manage appraisals in the new “UAD” MISMO 2.6 XML format. It works with any UAD-formatted appraisal, regardless of which software was originally used to create the report. Click to view..

MBA NewsLink recently sat down with Jennifer Miller, executive vice president of products for a la mode. Miller is in charge of the company’s Mortgage Solutions division, including the company’s Mercury Network, a vendor management platform for the mortgage lending industry. Click to view..

The government-sponsored entities, Fannie Mae and Freddie Mac, are requiring lenders to submit information electronically via the UCDP. But what does all this mean for appraisers? Read on for the impact on the industry and an explanation of the XML file format. Click to view..

a la mode announced that LSI, a division of Lender Processing Services, has chosen to connect its appraisal ordering and management services with Mercury Network. Read on for a la mode's take on what this means for appraisers. Click to view..

a la mode announced today that LSI, a division of Lender Processing Services (LPS) has chosen to connect its appraisal ordering and management services with Mercury Network to receive the native XML appraisal data necessary for error-free Uniform Mortgage Data Program (UMDP) compliance. Click to view..

a la mode announced today that CoreLogic (NYSE: CLGX) has chosen to connect their ValuEdge™ platform with Mercury Network for receipt of the Native XML appraisal data needed for streamlined UMDP compliance. Click to view..

a la mode announced today a new service that will enable any lender or appraisal management company (AMC) to submit Uniform Appraisal Dataset (UAD) compliant appraisals to the GSEs’ Uniform Collateral Data Portal℠ (UCDP℠). The new service offered by a la mode, called DataCourier™, is a part of the Mercury Network vendor management platform and will be offered free of charge. Click to view..

Today, a la mode kicks off a summer schedule of lender and appraisal management company web-based training courses in preparation for the GSEs’ Uniform Mortgage Data Program (UMDP). The training courses are open to anyone in the industry, and the full schedule and course descriptions can be found at www.MercuryVMP.com/Training. Click to view..

a la mode’s Mercury Network is now listed as an appraisal submission platform for Fannie Mae and Freddie Mac’s (GSE’s) Uniform Collateral Data Portalsm (UCDP℠). The UCDP is the single portal for the electronic submission of appraisal data files to the GSEs. Click to view..

a la mode today announced Real Property Insight has chosen the Mercury Network Vendor Management Platform (VMP) to manage the valuation portion of their new, groundbreaking product, the Real Property Insight (RPI) Report. Click to view..