PAR® is a portable, yet powerful forms application designed to streamline the appraisal review process. Apply over 1,200 PAR® Logic rules against PDF appraisals and present the results in your own checklist or review form.
Features
- Create, review, compare and apply logic to appraisal reports, according to client specification
- Customizable to client specification
- Accepts ACI, Lighthouse™ and PDF appraisals for automated review
- Uses PAR® Logic rules engine with more than 1,200 appraisal rules
- Screens for compliance with USPAP, Fannie Mae, Freddie Mac, FHA, VA, as well as industry best practices and client-defined, custom rules
- Triggers alerts and E-Mail notifications
Benefits
- Mitigates fraud and risk factors
- Appraisal Snapshot™ report reorganizes appraisal subject, and comps, including photos and maps into a logical, easy-to-read format with ACI Analytics™ incorporated
Highlights
- Applies standard and custom rule sets to PDF Appraisals
- Imports appraisal data directly into review form
- Supports Fannie Mae Collateral Data Delivery (CDD) initiative