Connexions Launches its Intelligent Valuation Portal (IVP) and CNX360

May 20, 2020 — Connexions has introduced two new “intelligent” solutions to help streamline the valuation process for the mortgage industry while reducing the need for in-person inspections. The Intelligent Valuation Portal (IVP) allows optimized decisions in a decisive manner saving an impressive amount of time and money. They have also launched the CNX360 Virtual Inspection tool, ensuring the safety of all parties when conducting full-service appraisals.

Efficiency, Stability and Responsibility in your Valuations

The IVP is a platform that systematically directs appraisal requests to the most appropriate, optimized service type based on GSE requirements, the lender’s custom rules and investors requirements. The IVP analyzes customer, loan and property information to make the best decisions without cutting corners. Lenders will reduce costs and save time on the distribution of their resources for real estate appraisals. Some of the core benefits of using the IVP:

  • Faster turnaround time means a significantly improved client experience and greater ROI.
  • Control costs by avoiding unnecessary full-service appraisals.
  • Ensure the safety of all parties involved where new restrictions and risks may be in place.
  • Ensure the safety of all parties involved where new restrictions and risks may be in place.
  • Detailed reporting and property information.

When full-service appraisals are still required, Connexions provides the CNX360 Virtual Inspection Tool within the portal to keep the valuation virtual whenever possible. Appraisers have the option to send a virtual inspection link to homeowners, who can complete a 15-minute virtual tour of their home and provide the necessary information. Utilizing CNX360 allows Appraisers to reduce the number of in-person inspections even during fluctuating regulations, saving time and ensuring the safety of those involved.

“We want to allow stakeholders to resume their operations as quickly and responsibly as possible. We want to do our part to help our industry,” said Tom McCormick, President and CEO of Connexions. “Together, our IVP and the CNX360 Virtual Inspection tool make an incredible difference in reducing orders for in-person valuations and modernizes valuation practices. We are reducing risks where possible while also improving the efficiency of day-to-day business.”

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.connexionssoftware.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Connexions Launches New Black KnightTM Exchange Integration

JACKSONVILLE, FLORIDA, April 13, 2020 — Connexions has launched a Black KnightTM Exchange (formerly RealEC) integration, teaming up with the largest, interconnected network of mortgage and real estate service providers in the U.S.A. Most notably for both current and prospective clients of Connexions, this new integration provides access to Black Knight's leading Loan Origination System (LOS), Empower.

The Empower LOS will enable clients to receive documents and data with faster turnaround time and a streamlined process. Lenders using the system will now be able to directly submit orders into Connexions' appraisal management platform. For appraisal management companies, this integration will mean seamlessly receiving orders from lenders using Empower.

Black Knight’s Exchange system holds a leading position in the market by eliminating costly connections to individual providers, offering online accessibility, and decreasing turnaround time with centralized order management.

“We are constantly working to Implement ways to further satisfy client needs and automate or simplify the processes within the mortgage lifecycle," said Tom McCormick, President & CEO, Connexions. "By integrating with the Black Knight Exchange platform, Connexions expands our onboarding capabilities and provides clients with more efficient loan origination practices.”

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.connexionssoftware.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Connexions Announces Integration with the Mortgage Director Platform

JACKSONVILLE, FLORIDA, April 8, 2020 — Connexions is excited to announce a new integration with the Mortgage Director LOS, including the point-of-sale Broker Portal. Owned by Fiserv, the Mortgage Director platform is a leading provider of loan origination, mortgage loan application, and data security solutions for the mortgage sector. This new integration with Mortgage Director’s loan origination software will allow lenders and brokers to directly submit orders to the Connexions platform.

The Mortgage Director loan origination software makes the lending experience seamless for lenders by offering point-of-sale applications, modern interface systems, automated underwriting options, as well as marketing data tools. Connexions’ integration with their software will mean a more efficient mortgage lifecycle for the lenders in our ecosystem.

“Continuously evolving client expectations demand automation of manual tasks throughout the complete mortgage process," said Tom McCormick, President & CEO, Connexions. "By integrating with Mortgage Director’s platform, we want to ensure that our clients are able to complete their loan origination processes with ease.”

Mortgage Director’s loan origination software holds a distinctive position in the market because of its web-based, user-friendly interface that is integrated with the software solution of many leading vendors in the mortgage industry.

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.connexionssoftware.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Nationwide Appraisal Services releases the new Appraiser Enhanced AVM

MARKHAM, ON, January 20, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), today announced the release of Appraiser Enhanced AVM — a new service type that will help our clients diversify their valuation product mix to help improve turnaround times and reduce appraisal costs.

By enabling this new product, our clients can benefit from the knowledge of a certified appraiser to review the valuation from a traditional Automated Valuation Model (AVM). NAS works in partnership with all four AVM providers in Canada to offer this service through our Intelligent Valuation Portal (IVP). The NAS Appraiser Enhanced AVM will help our clients maximize the use of their AVMs with the extra assurance of an appraisal review. NAS is also pleased to offer insurance on these AVM valuations as an added option.

“The launch of the Appraiser Enhanced AVM along with the Insured AVM will bolster our commitment to provide faster delivery with an emphasis on risk mitigation,” said Tom McCormick, President & CEO, Nationwide Appraisal Services. With this release, NAS makes another effort to offer a solution that would help its clients meet their deadlines and save on the cost of appraisals while mitigating risk.

About Nationwide Appraisal Services

Nationwide Appraisal Services (NAS) is Canada’s premier appraisal management company and the most comprehensive source for real estate valuations. Established in 1996, NAS is a pioneer in the mortgage industry creating Canada’s first cloud-based valuations platform and providing innovation and experience that has significantly enhanced the industry. The company’s customizable solutions integrate lender-specific business rules throughout the valuation process, creating a consistent standard of lending criteria that simplifies the process for both lenders and mortgage brokers. NAS currently operates in 21 countries, including Canada, the United States, Mexico and numerous countries throughout Latin America, and is continually seeking expansion.

Nationwide Appraisal Services now offering Commercial Bidding capabilities on Canada's industry-leading appraisal management platform

December 4, 2019 — Nationwide Appraisal Services (NAS), Canada’s largest real estate appraisal management company and a leading technology provider to lenders and appraisers is excited to announce the release of our new Commercial Appraisal Management capabilities.

NAS has offered a Commercial appraisal product for many years. We’ve now enhanced the NAS platform with a robust Commercial Appraisal Management workflow that will streamline the Commercial appraisal process by automating:

  • The collection of bids from potential appraisers for commercial requests.
  • The selection of Appraisers that will be included in the bidding process using familiar NAS metrics that include performance, location, availability, etc.
  • The ability for Lenders to review all the submitted bids and turnaround times before assigning the appraisal to an Appraiser.
  • Accelerate the commercial, asset and environmental valuation process under one portfolio.

“We are excited to provide a Commercial Appraisal Management solution that makes it easy for Lenders to submit their orders, gather quotes from their panel of trusted vendors, communicate on orders, and report on appraisal stats,” says Tom McCormick, President & CEO of Nationwide Appraisal Services. “By providing this added functionality in the Nationwide Appraisal Services platform, we are letting our current and future customers know that we are listening to your requests and building in new and better workflows to make your appraisal process easier and faster.”

Connexions adds commercial capabilities to its robust appraisal management platform

August 15, 2019 — Connexions, an Appraisal Management platform that delivers best-in-class automation, reporting, data analytics and integration to real estate valuations, is excited to announce the release of our new Commercial Appraisal Management capabilities.

Building on many years of experience developing our Residential Appraisal Management capabilities for lenders, AMCs, and appraisers, Connexions has heard and responded to the request of many of our users to add Commercial capabilities.

Connexions streamlines the Commercial Appraisal process in a variety of ways. For example, just getting orders entered can be cumbersome, involving multiple emails or spreadsheets. Connexions makes it simple for lenders to enter appraisal requests as part of a Portfolio or as individual properties. The system also automates the quote gathering process by suggesting vendors by product and property type. Once orders are assigned, Connexions makes tracking, communicating, and reporting on Commercial assignments a snap.

“We are thrilled to provide a Commercial Appraisal Management solution that makes it easy for lenders to submit their orders, gather quotes from their panel of trusted vendors, communicate on orders, and report on performance stats,” says Tom McCormick, President & CEO of Connexions. “By providing this added functionality in the Connexions platform, we are sending a message to our current and future customers that we are listening to your requests and building in new and better processes to make your appraisal process easier and faster.”

The Connexions Commercial Appraisal Management capabilities that are included in this first release contain a simple order process, flexible vendor management tools and an easy-to-use Vendor Quote system that will reduce the time and energy you are currently spending to manage your Commercial appraisal requests.

Request a Demo.

NAS announces the new Appraiser Mentorship Program

MARKHAM, ON, July 5, 2019 — Nationwide Appraisal Services (NAS), Canada’s largest real estate appraisal management company has long been at work expanding its appraiser initiatives. NAS is proud to introduce our groundbreaking Appraiser Mentorship Program.

The Appraiser Mentorship Program will provide lucrative compensation to experienced real estate appraisers to onboard and train candidate appraisers that are new to the industry.

"With an aging industry, we see the need to introduce new appraisers to the field and believe the best opportunity for success is to ask our extensive network of proven appraisers to proactively onboard, train, and develop new appraisers,” said Tom McCormick, President and CEO, The Nationwide Group of Companies. “Introducing new Appraisers to the market is instrumental in the success and future of the real estate appraisal industry. The Appraiser Mentorship Program is just one of the ways NAS is ensuring the future of the real estate appraisal industry."

In addition to this program, NAS continues to offer My Appraisal Portal (MAP) at no additional cost to appraisers. MAP allows an appraiser to access the data that resides within their personal NAS profile for appraisals that originate outside of the NAS platform. This management tool consolidates appraisals in one location and promotes efficiencies and cost-saving benefits within appraiser offices. NAS has also released a newly designed mobile app that makes is possible for appraisers to work while they’re on the go so they can always stay on top of their requests, whether they are on or offline.

To learn more about or register for the NAS Appraiser Mentorship Program, email NAS at Appraisers@NationwideAppraisals.com.

The NAS Mobile App continues to revolutionize the mortgage industry

MARKHAM, ON, March 7, 2019 — Nationwide Appraisal Services (NAS), Canada’s largest real estate appraisal management company and a leading technology provider to lenders and appraisers, has long been at work expanding its technology suite. As part of the development of its industry-leading platforms, the company has also led the way building the most advanced mobile experience.

As an advocate for increasing the use of technology in the real estate valuation space, the NAS Mobile App is helping to increase the quality and accuracy of the overall experience for appraisers and lenders alike.

"As the use of technology increases, new standards are constantly being set, so staying on top of those advancements in our industry is paramount," said Tom McCormick, President and CEO, The Nationwide Group of Companies. "The NAS Mobile App, designed to complement the industry-leading cloud-based platform, was engineered to bring simplicity and measurable reductions to the overall process. We want to help our clients decrease turnaround times, increase the quality of reports, and provide the ability for better collaboration and communication between stakeholders. Users want to achieve greater efficiencies and provide their clients with accurate valuations, so mobile connectivity is not only the reality, it’s a necessity."

Mr. McCormick continues: "Our focus and investments in mobile app development over the years is driven by our years of experience and innovations. We understand the great potential for real estate technology, so we’re designing tools that will better serve the new generation of savvy appraisal professionals."

Loaded with features and supported by exceptional technical support and customer service, the NAS Mobile App has become a necessity for the modern, increasingly mobile generation of appraisal professional.

There are numerous features and benefits essential for all stakeholders:

  • Easy-to-navigate dashboard and integrated search tools.
  • Work better with Google Maps and calendar integrations.
  • Dynamic workflow capabilities.
  • Receive push alerts and communicate with others.
  • View all appraisal requests, reports, and documents.
  • Track all orders quickly and easily.
  • Set language preference, English or French.

Free to download, there are a slew of other essential tools and benefits that will allow lenders and appraisers to work better together and more efficiently.

Download the mobile app today.

Nationwide Appraisal Services expands its business relationship with Scotiabank to enter Panama

Panama City, Panama, May 29, 2018 — Nationwide Appraisal Services (NAS), a global Appraisal Management Company and leader of innovation and product offerings to the mortgage industry, expands its business offering to long-time client Scotiabank as it enters the Panama market.

Leveraging on the long-term relationship between NAS and Scotiabank in Canada and building on the business model used in the Caribbean, NAS and Scotiabank are once again paving the way to establish service standards of mortgage valuation, this time in Latin America.

"This is only the beginning of our expansion in Latin America with Scotiabank,” says Alberto Gonzalez, Executive Vice President for NAS in Latin America. “Wheels are already in motion to quickly replicate this initiative in other countries in the region."

NAS launches operations with Banco de Costa Rica

San José, Costa Rica, May 23, 2018 — Nationwide Appraisal Services (NAS) is pleased to announce launch of operations in Costa Rica with Banco de Costa Rica, the country’s second largest bank.

After a two-year vetting process through strict requirements from Banco de Costa Rica, NAS won the contract to perform mortgage valuations management for the second largest bank in Costa Rica. NAS is Costa Rica’s first AMC with the capability of functioning entirely in Spanish, and the only AMC possessing trilingual valuation forms with risk analysis.

“Banco de Costa Rica is the leader in banking technology in Costa Rica and there could not have been a better time for us at NAS to have entered into a working relationship with them and introduce our services in the Costa Rican market,” says Alberto Gonzalez, Executive Vice President for NAS in Latin America.

CMHC partners with NAS

Markham, Canada, June 22, 2018 — Nationwide Appraisal Services (NAS), a leading global appraisal management company, is pleased to announce that Canada Mortgage and Housing Corporation (CMHC) has selected NAS as one of its vendors, for a period of three years, from July 5, 2018 to July 4th 2021. NAS has a long-standing relationship with CMHC and is confident that the company’s wide network of appraisers will contribute to achieving great success.

Nationwide Appraisal Services (NAS), a leading global appraisal management company, announces today that Canada Mortgage and Housing Corporation (CMHC) has selected NAS as one of its vendors, for a period of three years, from July 5, 2018 to July 4th 2021 (with the possibility of two extensions of one year each). NAS has a long-standing relationship with CMHC and is confident that the company’s wide network of appraisers will contribute to achieving great success. NAS looks forward to the opportunity to deliver superior automation and optimization to CMHC.

About Canada Mortgage and Housing Corporation (CMHC):

CMHC helps Canadians meet their housing needs. As Canada’s authority on housing, CMHC contributes to the stability of the financial system, facilitate access for Canadians in housing need, and offer objective housing research and advice to governments, individuals and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC’s operations.

CMHC is a Crown corporation governed by a Board and responsible to Parliament through the Honourable Jean-Yves Duclos, MP.

About Nationwide Appraisal Services (NAS):

Nationwide Appraisal Services is Canada’s premier appraisal management company and the most comprehensive source for real estate valuations. Established in 1996, NAS is Canada’s first webbased valuations platform. NAS has been a pioneer in the mortgage industry and the company’s innovation and experience has significantly enhanced the way the industry operates today. NAS’ customizable solution integrates lender-specific business rules throughout the valuation process, creating a consistent standard of lending criteria that simplifies the process for both lenders and mortgage brokers.

Kind regards,

Éric-Vincent Kayigamba

Executive Vice President, International Sales

Nationwide Appraisal Services

eric.kayigamba@nationwideappraisals.com

Archives