ACI announced today that Urban Lending Solutions Appraisals (ULSA) is in
production with ACI Sky Delivery, an appraisal delivery portal that
reduces revision requests and minimizes overrides. ACI Sky Delivery is
fully integrated with the ULSA platform and improves the overall review
process for the Colorado-based appraisal management company.
ACI Sky Delivery is an enterprise appraisal delivery platform including
an appraiser-facing web interface that applies dynamic rules and renders
real-time results, including hard stops, prior to posting the file for
further review. Sky Delivery leverages PAR® Logic, ACI’s comprehensive
collateral risk rules library that incorporates four levels of analysis
with more than 1,200 rules for UAD (Uniform Appraisal Dataset), GSE
(Government Sponsored Enterprise), and appraisal compliance. The
extensive rules library spans multiple categories designed to reduce
exceptions and identify any potential risks.
“With the launch of Sky Delivery, ULSA has made significant
breakthroughs in reducing turn times while gaining efficiencies for the
appraisers we work with,” stated Jim Beatty, SVP, chief appraiser for
ULSA. “The time is right to provide a solution that makes us more
responsive to appraisers and their needs. We believe Sky Delivery can be
a game changer for our business.”
“ACI is forever linked to sustainability, and we are committed to
creating elastic solutions that support industry change,” said George
Opelka, senior vice president of ACI. “Sky Delivery puts ULSA in the
compliance driver’s seat, and at the same time provides them with a
foundation to better serve their clients.”
About Urban Lending Solutions Appraisals
ULSA is a member of the Urban Lending Solutions (ULS) family of
companies, which was founded in 2002. Originally founded as Urban
Settlement Services, LLC as a title and settlement services company, ULS
has grown to become one of the country’s premier business outsource
providers, including customized mortgage solutions. ULS is based in
Pittsburgh, Pa., with additional offices in Colorado, Michigan, and
California.
About ACI
ACI, a pioneer in crafting technology solutions for the mortgage
valuation community, has gained industry-wide recognition and support
from leaders in the field. ACI’s highly scalable appraisal solutions are
tailored to the needs of the organizations ACI serves. The ACI client
base features many of North America’s premier lenders, national
appraisal companies, and real estate brokerage firms. From connecting
appraisers nationwide to streamlining quality control, ACI enables
organizations to process appraisals and manage exceptions in a
consistent and efficient manner. Headquartered in Palm Coast, Fla., ACI (www.aciweb.com)
is a member of the First American (NYSE: FAF) family of companies.
About First American
First American Financial Corporation (NYSE: FAF) is a leading
provider of title insurance, settlement services, and risk solutions for
real estate transactions that traces its heritage back to 1889. First
American also provides title plant management services; title and other
real property records and images; valuation products and services; home
warranty products; property and casualty insurance; and banking, trust,
and investment advisory services. With revenues of $4.7 billion in 2014,
the company offers its products and services directly and through its
agents throughout the United States and abroad. More information about
the company can be found at www.firstam.com.
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