Page 3 - EDM Xit2 Valuation Management Services Brochure Sample

Mortgage operations

xit2 sits at the centre of the mortgage and • Audit and archive – 7 years of secure data
valuation process connecting lenders to stored showing who’s done what and when
their suppliers and providing that essential • Management information – configurable
web based access to the valuation that independent MI – provides independent
supports the underwriting process. Lenders’ insight on surveyor performance
underwriters have immediate access to
valuation reports completed on line that can • Web based, low cost and lightweight to
be confidence checked against AVM data from install, can be accessed from anywhere
providers such as Hometrack and Rightmove. • Role based – multiple roles provide control
access to the banks users
Immediate returns of data before and after • Can be engineered to reflect the banks
the valuation serve to underpin the physical operations, we work how you work!
valuation to further inform the human element of
the mortgage underwriting process. • Could easily provide redundancy to
existing or legacy solutions
We also provide support with our data • Felxible integration into mortgage
exchange services in the following ways - processing platforms based purely on
webservices, easy to implement and low
cost to maintain
• If webservices are not possible completed
reports can be delivered in different ways,
FTP, online and email, provides flexibility
• Panel management control by lender, able
to directly control valuers on panel
Vex Mobile

We announced the arrival of Vex Mobile late mobile is not therefore sat on a clumsy device
last year giving surveyors the ability to carry that is cumbersome and intermittent.
out their roles remotely. On line and off line
access to valuation reports and instructions Day packs with logistics and planning capability,
with flexibility to house our platform on a access to comparables and web based
variety of devices including ipads and other valuation forms, for immediate completion, are
tablets providing a mobile ready solution – all available with many other features including
not a desk top version adapted for mobile. Vex central storage of site notes.

PI insurance

PI Insurance is very topical right now and a flagging when PI renewals are occurring to
difficult subject but at xit2 we are working help surveyors and lenders manage panel
at ways of helping both lender and surveyor membership and panels and single storage of
here to manage this cost and liability. More site notes will also help the PI claims process
to follow this year but for now our PI checker which today remains an enduring and costly
paperchase.
Mortgage Fraud

A surveyor is the eyes and ears of a lender but suspicious transactions at valuation instruction
he or she can’t be everywhere. Our work with stage with the ability to take data from the
many surveyors tells us that you can have all mortgage application too. The occasions of
the technology in the world but surveying can possible fraud are too many to mention and
be as much an art as it is a science. the flags and alerts equally so but the ability
to track these deals and stop them in their
To support those senses our Audit and Fraud tracks is exactly what we can do for you with
Tool will help lenders pick up potentially our Audit and Fraud software.

Management Information

Our business intelligence portal is a unique information. Web based and using some of the
way for lenders and surveyors to interrogate best new technologies we can offer you some
their own data within xit2 and get insightful really compelling insights into valuation and
views into powerful independent management valuer performance.