LEXINGTON, Ky. – University of Kentucky FCU has deployed Platinum Data Solutions’ AOS appraisal ordering system and RealView appraisal quality verification technology.

Platinum Data’s AOS platform is a central hub for sending and receiving appraisals and communicating with appraisers. It allows lenders to select and manage their own appraisal panels, prevents unauthorized lender personnel from violating Dodd-Frank communication guidelines regarding appraisers, and provides audit-quality tracking and reporting.

RealView is the mortgage industry’s appraisal data verification technology which cross-checks each field on an appraisal report against public and private data sources.

U of Kentucky FCU had been using manual processes to assign and review appraisals. This process exposed the credit union to unnecessary risks associated with inconsistency and human error.


Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.