With the Home Valuation Code of Conduct (HVCC) compliance deadline rapidly approaching, Sthenia Solutions announces that LoanMarq is the simple, cost effective solution for mortgage companies to comply. An appraisal manager user type has been added to the web-based community within LoanMarq. The appraisal manager will now coordinate all home valuation aspects of the mortgage transaction, while fulfilling the HVCC regulations. LoanMarq allows mortgage companies to handle HVCC compliance in house without outsourcing this function to a third party: saving time and money, while retaining valued, appraiser relationships.
“In this economic climate, the mortgage industry should expect new regulations, and HVCC is one that will operationally change mortgage company work flow,” Sthenia CEO Paul Piers said. “What we excel at is taking those operational difficulties and simplifying them via LoanMarq mortgage software. Our HVCC update to LoanMarq is by far the easiest way to become compliant.” HVCC compliance becomes one advantage in a long list of reasons to integrate the mortgage software. LoanMarq provides unmatched transparency, accountability, and efficiency across all integral vendors, and is delivered inside a simple, easy-to-use web application. No other software on the market provides mortgage and real estate professionals the service advantages LoanMarq furnishes.
About LoanMarq
LoanMarq is a web-based loan processing and customer service application that enables collaboration among all participants in the mortgage loan transaction. LoanMarq decreases the expense involved in facilitating mortgage transactions and enables mortgage professionals to close more loans in the same or less time by automating the process with productivity-
