PLEASANTON, Calif. – Ellie Mae, a provider of software and services for the mortgage industry, has partnered with First American CoreLogic to provide a one-stop solution that allows appraisers to retrieve the appraisal order and the property data required to begin the appraisal process.
Ellie Mae’s Encompass Appraisal Center is a free online service that enables appraisers to receive electronic appraisal orders from loan originators using the Encompass Mortgage Management Solution. Currently, approximately 250,000 appraisals are ordered each year through the Encompass Appraisal Center. With Property Pak, appraisers can retrieve those orders and simultaneously receive up-to-date property information, including a property detail report, a transaction history report, sales comparable report, street and aerial maps, parcel map, and a flood map. Appraisers can purchase Property Pak either as a single report package or on a monthly subscription basis.
With Property Pak, appraisers are able to eliminate the need for time-consuming search and collection of property information from multiple sources. First American CoreLogic collects and updates property-level real estate data and imagery from more than 10,000 government and proprietary sources on a daily basis. By partnering with First American CoreLogic, Ellie Mae is offering appraisers fast and easy access to the most current information from a recognized leader in property and homeowner information, covering more than 140 million properties in more than 3,050 counties.
