Help Center

• Verisite Collateral Data
  The Verisite Collateral Data report provides a wealth of information condensed into a single report to efficiently direct and streamline workflow. Collateral Data begins by taking large amounts of property detail and summarizing it into scores so that you can get to know the property at a fundamental level at a glance. It also presents lenders with an AVM value. With valuable and easy-to-apply scores and property values, potential risk can be quantified up front and lenders can dive into the details for each score so that any follow up measures can be directed to the specific individuals, teams or departments equipped to handle needed investigation and/or due diligence.
  
  Organizations can selectively target the steps required to confirm findings; thereby increasing operational efficiencies, lowering costs and moving more quickly toward more profitable business decisions.
  
  Verisite Collateral Data includes 15 sections of data and information for comprehensive decisioning, including:

• Verisite Plus
  The best of both worlds. Verisite Plus combines the Verisite Photo Report and Verisite Collateral Data report into a single, complete, powerful property and market data and risk analysis report for driving faster decisioning on no-appraisal loans. Verisite Plus utilizes the to-the-moment benefit of the Verisite Photo Report to provide the most current property detail available and joins it with the Collateral Data report to give lenders historical data from public records and deed transfers plus an AVM value.  This provides a complete picture of the property.  Also, lenders get the top 20 recently sold nearby properties starting from the date Verisite was ordered backward, and more.
   
  • Click Here for a sample of the Verisite Plus report that includes both the Verisite Photo Report and the Verisite Collateral Data report.
  • Click Here to view the Verisite Plus datasheet.
  • Visit the Verisite web page for details.

Also in this release…

• Improved Reporting for Easier Appraiser Management
  We are enhancing the ‘Closed Orders’ management report so you have quick access to view the appraiser who completed the appraisal report, regardless of whether or not the appraiser is part of a group.
  
  How to use this feature:
  The Appraiser Contact column on the Closed Orders report has been enhanced to reflect the appraiser member who performed the appraisal, whenever applicable.  Whether the appraisal was performed by an appraisal group or not, the column will accurately reflect the name of the appraiser who completed the report.

• New FEMA Data Available to Lenders
  We’ve added a tool that allows you to enable FEMA warnings on orders that may be in a disaster area. These alerts can draw attention to orders that may need to be re-inspected prior to closing. You can enable FEMA warnings on individual orders, automatically have all your orders added to the watchlist, or provide a series of addresses that you would like to have monitored.
  
  How to use this feature:
  Open a division you’d like the feature enabled for and click Edit Settings.  In the Billing/Services section, select the new FEMA Watchlist feature, then click Save. On all orders moving forward under this division, the FEMA Watchlist will be enabled and the designated fee incurred on every order. Whenever FEMA flags an existing order as being in a disaster area, the order will appear under the new FEMA tab on your main orders dashboard.
  
  To use the FEMA Watchlist, you don’t even need to order a full appraisal! To flag specific orders for the FEMA Watchlist or if you want to upload multiple orders to have monitored by FEMA, please contact Tiffany Saraceno for more information.

• Enhanced Calendar Shows Bank Holidays
  We’ve enhanced the calendar on the New Order screen to help identify bank holidays.  This way you can quickly identify if the requested due date is an appropriate selection or if an alternate timeframe should be selected to compensate for a holiday.
  
  How to use this feature:
  Now whenever you select a due date on the New Order screen, bank holidays will appear in red to help identify appropriate due dates and better assess appropriate turn times.