Business, Free News Articles, Real Estate, Software

Global DMS’ EVO® enhances efficiency and mobility with Amazon’s Alexa Voice Command Interface

LANSDALE, Pa. -- Global DMS, the leading provider of cloud-based real estate appraisal management software, recently announced that its next-generation EVO platform is now voice-enabled, providing lenders access to key functionality and up to the minute information of their entire pipeline with Amazon's Alexa voice control - making EVO the first and only appraisal management software to provide this capability in the mortgage industry.

The Alexa Skill, called MyEVO™, allows EVO clients to securely access all appraisal information in their accounts through all Alexa capable devices, like Echo, Echo Dot, Echo Tap and the mobile Alexa apps for iPhone and Android by simply saying, "Alexa, Open MyEVO."

Users can then ask Alexa, Amazon's artificial intelligence that powers Alexa-enabled hardware and its associated products, to launch the MyEVO skill that enhances the virtual assistant's ability to conduct appraisal management tasks, such as ordering an appraisal, providing appraisal status updates, and delivering EVO's latest product enhancements and company news.

"At Global DMS, we are continually pushing the limits of technology to bring exceptional value to our clients and make the dream of Digital Mortgage a reality," said Global DMS® CEO, Vladimir Bien-Aime. "As artificial intelligence continues to evolve, we are committed to investing in voice technology and other AI powered voice assistants that enable us to provide an experience that is conversational and attuned with our customers' lifestyles. This first of its kind solution will enhance our customer's workflow and communications and allow them to work smarter when and where they wish, with just the sound of their voice."

EVO, the industry's most advanced cloud-based appraisal management platform, was designed to be both exceptionally intuitive and powerful enough to support a completely automated appraisal management workflow. The EVO platform centralizes and simplifies the process for lenders that utilize multiple AMCs, manage their own panel, or a combination of both. EVO allows authorized administrative users to instantly make changes to the platform's workflow, communications, vendors, and assignment logic to ensure success in an everchanging competitive mortgage market.

Learn more about EVO at: https://www.globaldms.com/evo-residential

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate appraisal management software. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies, and expedites the entire real estate appraisal process. Global DMS' solutions include its EVO-Res™ platform for residential lending, EVO-C™ platform for commercial lending, SnapVal™ appraisal pricing solution, AVMs, and the MISMO Appraisal Review System (MARS®).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

About Amazon:

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth's Most Customer-Centric Company, Earth's Best Employer, and Earth's Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit https://www.aboutamazon.com/ and follow @AmazonNews.

Related link: https://www.globaldms.com/

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Business, Free News Articles, Real Estate, Software

Global DMS Integrates EVO Appraisal Management Software with ProxyPics, Enabling Remote Real Estate Inspections

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its new EVO platform, an innovative valuation technology that shatters the constraints of yesteryear software designs, with ProxyPics to provide its clients with a secure method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

EVO(tm) ProxyPics allows lenders, AMCs, and appraisers to seamlessly request and receive high quality photos of both the interior and exterior of the subject property directly from the home occupant, who utilize ProxyPics' patented mobile app to easily take the required photos, answer pre-set questions about the quality, condition, and unique characteristics of their home, and submit the information back to EVO for immediate use.

The entire process is automated, secure, protects against fraud, and requires no additional work or oversight from those using EVO - who never have to leave the platform.

"In addition to providing outstanding appraisal management technologies, the safety of our clients is of top concern," said Global DMS(R) COO, Jody Collup. "This integration not only provides timely, cost-effective, and accurate values for all loan types, it allows those using EVO to efficiently complete their valuations without ever leaving their desk."

With EVO ProxyPics, lenders, AMCs, and appraisers can remain socially distant while still receiving the vital information they need for completing accurate valuations that are in full compliance with the temporary appraisal guidelines that were enacted by federal regulators in response to COVID-19.

"At ProxyPics, we agree that customer safety is a top priority," said Luke Tomaszewski, CEO of ProxyPics. "Integrating our innovative solution with a state-of-the-art appraisal management platform like EVO provides financial entities with the necessary tools for conducting remote inspections that still meet the demands of the highly regulated mortgage industry."

Though developed for today's unique mortgage environment, EVO ProxyPics will continue to serve its users well into the future by providing a simple and completely digital method for securing the primary photos of a subject property as quickly as possible - helping to streamline their appraisal process and decrease turn-times.

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(tm) (EVO-Res) platform for residential lending, EVO-Commercial(tm) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(tm) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

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Awards and Honors, Business, Free News Articles

Global DMS COO Jody Collup Receives 2020 Most Powerful Women in Fintech Award from PROGRESS in Lending

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based real estate appraisal management software, is proud to announce that its COO, Jody Collup, was recognized by PROGRESS in Lending for its second annual Most Powerful Women in Fintech Award, which honors women leaders at technology companies who are helping reshape the Financial Services industry through innovative and influential ideas.

Ms. Collup was recognized for her more than 25 years of diverse experience working in both the private and non-profit sectors, with much of her experience being in the technology sector of the mortgage industry.

Prior to joining Global DMS(R), Jody worked for Calyx Software, Inc., where she successfully aligned sales with marketing to establish brand consistency and positive industry awareness. She was then hired as Global DMS' first and only VP of Marketing in 2013, becoming the driving force behind all the company's branding and communication practices that are still in place today.

Ms. Collup's growth continued, as she began to oversee Global DMS' sales and account management departments - helping to increase the company's overall profitability through new opportunities. This success led to Jody's current position as COO, where she is now responsible for Global DMS' overall operations and strategy.

In this latest role, Ms. Collup's leadership has been instrumental in launching Global DMS' next-generation appraisal management software, EVO(tm), which shatters the constraints of yesteryear software systems via its unprecedented configurability and workflow automation - allowing mortgage lenders and appraisal management companies (AMCs) to customize all aspects of the platform, including its fields, in real time.

"I'm truly honored to receive this award from PROGRESS in Lending," said Jody. "It's been an exciting time for Global DMS as we've continued to embrace innovative ideas that not only provide the best possible technology solutions for our clients, but also the best possible working environment for our staff."

For the complete list of PROGRESS in Lending's 2020 Most Powerful Women in Fintech winners, please visit: https://mymortgagemindset.com/the-2020-most-powerful-women-in-fintech-award-winners-are/

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(tm) (EVO-Res) platform for residential lending, EVO-Commercial(tm) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(tm) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

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Business, Free News Articles, Software

Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.

Those that utilize EVO-Res(TM) to manage their valuation operations will be protected by Global DMS' Compliance Guarantee Program as it pertains to Appraisal Independence Requirements, appraiser licensing, borrow receipt of the appraisal, and report and delivery to both Fannie Mae and Freddie Mac.

Global DMS' new program allows institutions concerned with appraisal compliance to effectively remove appraisal risk from the equation, while ensuring they comply with Dodd-Frank's Section 1471, the Equal Credit Opportunity Act's (ECOA) Regulation B, the Truth In Lending Act's (TILA) Regulation Z, the Uniform Standards of Professional Appraisal Practice (USPAP), and both the GSEs and FHA's seller guides.

All EVO-Res users will be eligible for this new program, provided they're following Global DMS' Best Practice Configuration within the system, which promotes appraisal compliance through automation - such as automated license validation, vendor assignment, appraisal reviews, UCDP and EAD submissions, and more.

Implementing an automated valuation process through the use of status-driven triggers ensures compliance by eliminating manual touch-points that lead to human error and oversight. With EVO-Res, this automation not only covers the entire process, it's 100% configurable - allowing lenders and AMCs to customize and run their specific workflows as needed, no development intervention required.

"The appraisal industry is always in flux, and it's imperative for all participants to quickly adapt to the drastic changes introduced by federal regulation, state legislation, public policy, and lending guidelines," said Global DMS(R) COO, Jody Collup. "The key to being compliant and efficient is having an all-encompassing platform that supports dynamic change, as well as an intuitive interface that doesn't require expensive, time-consuming custom development work."

For more information on EVO-Res' Compliance Guarantee Program, contact Global DMS at evoinfo@globaldms.com or 877-866-2747 (option 2).

How compliant are your appraisal operations? Find out by downloading our Ultimate Compliance Checklist here: http://go.globaldms.com/compliance.

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Global DMS solutions include its new EVO-Residential(TM) (EVO-Res) platform for residential lending, EVO-Commercial(TM) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

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Business, Free News Articles, Software

Global DMS Integrates eTrac Valuation Management Software with ProxyPics, Allowing Clients to Complete Real Estate Appraisals Remotely

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its eTrac valuation management platform with ProxyPics - a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.

Through this integration, lenders, AMCs, and appraisers who utilize eTrac(R) can automatically request and receive high quality pictures of both the interior and exterior of a subject property directly from the homeowner, providing them with an immediate solution for completing their real estate appraisals remotely and within social distancing guidelines.

"Our goal for this integration is to help promote business as usual during these very unusual times," said Global DMS(R) COO, Jody Collup. "With eTrac and ProxyPics, our clients can do just that - providing timely, cost-effective, and accurate values for all loan types without ever leaving their desk."

The entire process is automated, secure, protects against fraud, and requires no additional work or oversight from those using eTrac - who never have to leave the platform. It's also simple for homeowners, who utilize the ProxyPics mobile app to easily take the required photos, answer pre-set questions about the quality, condition, and unique characteristics of their home, and submit the information back to eTrac.

Not only does this promote safe social distancing, it ensures eTrac users have the vital information they need for completing accurate valuations that are in full compliance with the temporary appraisal guidelines that were recently enacted by the GSEs and others in response to the Coronavirus pandemic.

"As COVID-19 continues to prohibit in-person interactions, the use of innovative technologies has become critical in many lines of business, including real estate appraisals," said Luke Tomaszewski, CEO of ProxyPics. "eTrac and ProxyPics provides lenders, AMCs, and appraisers with this innovative technology, allowing them to collect the necessary photos and property information directly from the homeowner without setting foot on the property."

Though it was developed in direct response to COVID-19 and its many restrictions, eTrac's integration with ProxyPics will continue to serve Global DMS' clientele into the future by providing a simple method for securing the primary photos of a subject property as quickly as possible - helping to streamline their appraisal process and decrease turn-times.

For more information, please visit: https://www.globaldms.com/etrac-and-proxypics

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(tm) (EVO-Res) platform for residential lending, EVO-Commercial(tm) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(tm) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

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Awards and Honors, Business, Free News Articles, Software

Global DMS Receives Innovations Award from PROGRESS in Lending for EVO Appraisal Management Software

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by PROGRESS in Lending for its "Innovations Award," which recognizes companies that have come together to create something truly game-changing for the mortgage space.

As part of its selection process, PROGRESS in Lending scored each applicant's innovation on a weighted scale, looking at its overall industry significance, originality, the positive change it made possible, the intangible efficiencies it now allows, and the hard cost and time savings it enables industry participants to achieve.

Global DMS(R) was recognized for the successful development and roll-out of EVO-Res(TM) - the industry's next-generation appraisal management technology for residential lenders, AMCs, and appraisers. Unlike other platforms on the market, EVO-Res offers state-of-the-art technological advances that shatter the constraints of yesteryear software designs by allowing users to work the way they need to work.

EVO-Res was built with the end-user in mind to provide a customized experience that's roll-based, which includes separate dashboards and task lists to help drive optimal performance. The platform is also 100% configurable down to the field level, allowing clients to tailor all aspects of the software and its functionality to their exact needs in real-time - no development intervention needed.

EVO-Res' numerous features-including its digital forms, custom reporting, and robust appraisal reviews-combined with its powerful workflow automation mean users no longer have to operate additional modules or other software in conjunction with their appraisal management software - thus achieving a streamlined process that saves time and money.

"Through its ease-of-use, configurable design, and unique automation capabilities, EVO-Res provides a significant boost in efficiency through every phase of the appraisal process," said Global DMS COO, Jody Collup. "Global DMS is proud to be recognized for this effort by PROGRESS in Lending and will continue to push the boundaries on appraisal management technology, as we've done for 21 years."

For the complete list of PROGRESS in Lending's Innovations Award winners, please visit: https://mymortgagemindset.com/the-2020-innovations-award-winners-are/

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential(TM) (EVO-Res) platform for residential lending, EVO-Commercial(TM) (EVO-C) platform for commercial lending, eTrac(R) Enterprise valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), ATOM (Appraisal Tracking on Mobile).

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

Related link: https://www.globaldms.com/

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Awards and Honors, Business, Free News Articles, Software

The MReport Recognizes Global DMS as Top 25 Fintech Innovator for its EVO™ Appraisal Management Software

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by MReport for its inaugural "Top 25 Fintech Innovators" award, which recognizes fintech companies within the mortgage industry that are poised to shape the future of the industry in 2020 and beyond.

As part of its selection process, The MReport noted that it solicited submissions from mortgage companies that work in all sectors, from lenders and servicers to title companies and property preservation experts.

"Our industry is constantly evolving as disruptors and tech leaders challenge the status quo," said Ed Delgado, President and CEO of Five Star Global. "We are proud to showcase these fintech innovators who continue to drive progress across the mortgage market."

Global DMS® was recognized for its EVO-Res™ appraisal management software - the industry's most advanced valuation technology for residential lenders, AMCs, and appraisers. Unlike other platforms on the market, EVO-Res is changing the valuation landscape by shattering the constraints of yesteryear software designs, offering state-of-the-art technological advances that allow end-users to work the way they need to work.

EVO-Res was built with the end-user in mind, providing a userroll-based workflow that is 100% configurable. Clients can tailor the software to their needs with an out-of-the-box implementation and delivery time - no development intervention needed. In fact, EVO-Res is so highly configurable that new fields can be added on the fly and are instantly reportable.

In developing EVO-Res, Global DMS spent several years defining requirements, collaborating with clients, and analyzing best practices for every aspect of the appraisal process. The platform's numerous features and powerful workflow mean users no longer have to operate additional modules or other software in conjunction with their valuation management software - thus achieving a streamlined process that saves time and money.

"Global DMS is truly honored to be recognized as a Top 25 Fintech Innovator," said Vladimir Bien-Aime, President & CEO of Global DMS. "This will serve as a strong motivator as we continue our endeavor to remain a reliable asset to the mortgage lending industry."

For the complete list of The MReport's Top 25 Fintech Innovator award winners, please visit: https://themreport.com/daily-dose/03-02-2020/honoring-the-leaders-in-fintech

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential™ (EVO-Res) platform for residential lending, EVO-Commercial™ (EVO-C) platform for commercial lending, eTrac® Enterprise valuation management platform for residential lending, SnapVal™ appraisal pricing solution, eTrac WebForms, Global Kinex®, AVMs, the MISMO Appraisal Review System (MARS®), ATOM (Appraisal Tracking on Mobile. For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

About Five Star Global

Based in Dallas, Five Star Global (FSG) is a national trade association supporting the U.S. residential mortgage and real estate market through membership groups, publishing, conferences, education services, and strategic events. FSG advocates on behalf of and for industry stakeholders on policy matters and interests established to protect, preserve, and promote homeownership. Learn more at http://thefivestar.com/.

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Awards and Honors, Business, Free News Articles, Software

HousingWire Names Global DMS a 2020 Tech100 Award Winner for EVO Appraisal Management Software

LANSDALE, Pa. -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has earned a spot on HousingWire's seventh annual Tech100 awards list, which recognizes the most innovative technology companies in the U.S. housing economy, spanning the real estate mortgage industries.

"This year's Tech100 winners blew past innovation, moving beyond innovation to transformation," HousingWire's Associate Magazine Editor Kelsey Ramírez said. "In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved."

Global DMS® was recognized for the successful development and roll-out of EVO-Res™ - the industry's next-generation valuation management technology for residential lenders, AMCs, and appraisers. EVO-Res offers state-of-the-art technological advances that allows users to work the way they need to work, which is very different than other platforms currently available in the market.

EVO-Res is user role-based, providing a customized experience for each user that includes separate dashboards and task lists to help drive optimal performance. The platform is also 100% configurable-allowing users to configure every field and/or add new fields on the fly-and provides custom order forms, review forms and detailed reporting, where users can build the forms and reports they need in minutes. Previously, these types of changes would require costly and time-consuming development intervention.

"We put a great deal of thought into the design and underlying functionality of EVO-Res, collaborating with clients and diligently operating in an R&D mode for years," said Vladimir Bien-Aime, President and CEO of Global DMS. "We're thrilled that our efforts landed us on HousingWire's 2020 Tech100 list and honored to receive this recognition."

"The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing," said HousingWire CEO, Clayton Collins. "Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy."

For the complete list of HousingWire's 2020 Tech100 winners, please visit: https://www.housingwire.com/articles/here-are-the-2020-housingwire-tech100-mortgage-winners/

About Global DMS:

Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

Global DMS solutions include its new EVO-Residential™ (EVO-Res) platform for residential lending, EVO-Commercial™ (EVO-C) platform for commercial lending, eTrac® Enterprise valuation management platform for residential lending, SnapVal™ appraisal pricing solution, eTrac WebForms, Global Kinex®, AVMs, the MISMO Appraisal Review System (MARS®), ATOM (Appraisal Tracking on Mobile.

For more information, visit https://www.globaldms.com/ or call (877) 866-2747.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward.

Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

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Business, Free News Articles, Product Launches, Software

Global DMS Officially Introduces EVO-Residential(tm) Valuation Technology Platform

AUSTIN, Texas -- Global DMS, a leading provider of cloud-based valuation management software, announced the launch of its new residential valuation solution at the MBA's Annual Convention & Expo being held at the Austin Convention Center from Oct. 27 - 30. Branded EVO-Residential(TM) (EVO-Res), the platform is primed to change the way lending and real estate entities process and manage valuations.

Global DMS engineered EVO-Res from the ground up with total automation of the entire valuation process in mind. The company believes everything begins with empowering organizations with an arsenal of incredibly easy-to-use tools that help transform their businesses into ultra-efficient, compliant, finely tuned operations. Using EVO-Res, the burdensome and costly valuation process the mortgage industry contends with can now be executed flawlessly through automation standing behind decades of integrated best practices.

"We put a great deal of thought into the design and underlying functionality of EVO-Res, collaborating with clients and diligently operating in an R&D mode for years," says Vladimir Bien-Aime, president and CEO of Global DMS. "EVO-Res provides organizations with an unrivaled technology foundation that ensures their unique valuation processes are completely automated from start to finish that was not possible until now. Empowering our clients with this technology advantage gives them an unparalleled ability to easily adapt to the ebbs and flows of the mortgage market and their unique valuation business needs."

EVO-Res offers state-of-the-art technological advances that allows users to work the way they need to work, which is very different than the platforms currently available in the market. EVO-Res is user role-based providing a customized experience for each user, complete with separate dashboards and task lists that help drive optimal performance by allowing them to focus on the most important tasks of the moment. EVO-Res users have the ability to configure every field, new fields can be added on the fly and are instantly reportable. Users can also create new review forms in minutes. Previously, these types of changes would require costly and time-consuming development intervention.

"From a return on invesTMent point of view, using a platform like EVO-Res just make sense," stated Jody Collup, COO at Global DMS. "The process efficiency advantages inherent in EVO-Res' infrastructure keeps every user on task, positively impacting your time to closing and effectively reducing your costs."

Notably, EVO-Res also works seamlessly with EVO-C, Global DMS' commercial lending valuation platform, thus allowing for a single-system experience to easily and effectively manage two distinctly different business lines.

Global DMS will be offering demonstrations of EVO-Res in booth 1019 at the MBA Annual Convention & Expo from Oct. 27 - 29. In addition, the company will also be hosting a celebratory launch party at the conclusion of the show on the evening of Tues. the 29t at 8 p.m. CST. Contact Global DMS to learn more at evopreview@globaldms.com or 877-866-2747 (option 2).

About Global DMS:

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation technology. The company's solution set is cost-effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire appraisal process. Global DMS' solutions include its newly launched EVO-Residential(TM) platform (EVO-Res), contemporary EVO-Commercial(TM) (EVO-C) for commercial lending, existing eTrac(r) Enterprise platform for residential lending along with its many companion products, as well as the SnapVal(TM) appraisal pricing solution. For more information, visit the company's web site https://www.globaldms.com/ or call (877) 866-2747.

Social Media: @GlobalDMS #EVO-Res #ValuationManagementSoftware #MBAAnnual

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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Global DMS Launches SnapVal to Provide Instant, Accurate, Guaranteed Appraisal Pricing Early on in the Origination Process

DALLAS, Texas -- MBA's Technology Solutions Conference & Expo -- Global DMS, a leading provider of cloud-based valuation management software, today announced the official rollout of SnapVal(TM), an automated solution that utilizes the property address to return a guaranteed price on any residential appraisal in the U.S.

Under the TILA-RESPA Integrated Disclosure (TRID) rule, lenders are bound by the fees represented on the Loan Estimate (LE). Unlike static fees, appraisals are a variable cost that lenders constantly struggle to ensure pricing accuracy. If there is any change to the appraisal fee, TRID dictates that a revised LE must be issued to the consumer. This requirement, coupled with strong lender motivation to complete deals and close on time, often results in the lender absorbing appraisal fee discrepancies or scrambling to quickly re-issue the LE.

"We identified a need in the marketplace to address a common problem that lenders are regularly challenged with in providing accurate appraisal quotes and then ensuring pricing on the Loan Estimate is consistent and compliant," stated Vladimir Bien-Aime, president and CEO at Global DMS.

"Lenders that have a digital mortgage strategy in place to receive, and in turn disclose accurate appraisal fees on the LE at first issuance will be a step ahead of competitors that haven't reconciled their workflows in this unforgiving zero-tolerance environment. SnapVal is a piece of technology that lenders currently lack from their digital mortgage strategies. By leveraging SnapVal, they will save time and money, as well as increase their pull-through rates while elevating the borrower experience."

SnapVal integrates seamlessly with loan origination systems (LOS), digital mortgage point-of-sale (POS) systems, borrower-facing web portals and propriety lending or servicing platforms. Global DMS provides a configurable RESTful API web service that facilitates swift and cost-effective integrations.

SnapVal allows lenders to easily automate the insertion of the appraisal fee into the LE, expedite payment, and enable real-time ordering of appraisals from directly from within their software system of choice. Lenders have several options to configure appraisal pricing including the lowest price provider, percentage allocation, or round-robin distribution. This helps hone pricing accuracy by taking into account key factors including region, appraiser availability, experience, and more. As a result, appraisal pricing guesswork is removed and replaced with automation accuracy.

Bien-Aime adds, "Until now, lenders haven't had a viable option to receive an accurate appraisal cost upfront - before an order is placed. SnapVal allows lenders to get a guaranteed quote that will always be correct and will never have to be re-disclosed."

Global DMS will be attending the MBA's Technology Solutions Conference & Expo 2019 from March 24 - 27 in Dallas at the Hyatt Regency. To learn more, contact the company to arrange a discussion time at the show productinfo@globaldms.com.

About Global DMS:

Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process.

The company's solutions include its new EVO-Commercial(TM) (EVO-C) for commercial lending, eTrac(R) valuation management platform for residential lending, SnapVal(TM) appraisal pricing solution, eTrac WebForms, Global Kinex(R), AVMs, the MISMO Appraisal Review System (MARS(R)), AMC State Regulations, ATOM (Appraisal Tracking on Mobile) and AMCmatch.com. For more information, visit the company's web site http://www.globaldms.com/ or call (877) 866-2747.

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