The OASIS system provides a consistent and scalable method to efficiently manage the appraisal process. The OASIS solution can significantly reduce the effort required to manage the appraisal process by automating all the manual and redundant steps. As found by some companies, OASIS can reduce the internal cost of origination by as much as 25%. The system allows lending institutions to control product margins and create guaranteed, bundled pricing packages, opening doors for new marketing opportunities. The OASIS system builds continued and innovative global market opportunities.

The OASIS system is web-based and permits users real time access to a shared and secured platform from virtually any PC.

A complete start to finish solution:

• Online appraisal request for loan processing department
• Loan processors can utilize online form, Calyx Point or a custom integration
• Impartial appraiser selection (automated or manual)
• Orders can be automatically routed to the right appraiser based on coverage, capacity and ranking
• Smart manual selection utilizing key information including open orders, fees, and coverage to assist with selection
• Bid request and engagement module (commercial only)
• Bid request delivery and monitoring
• Engagement letter generation
• Appraiser acceptance confirmation
• Confirms and logs fees and turnaround time expectations
• Commercial valuation reporting integration
• Standardized and Regulatory Compliant Evaluation Reporting
• Standardized and Regulatory Compliant Appraisal Reporting
• Automated Smart Review to meet regulatory compliance
• Real-time automated status updates
• Reduces phone calls
• Automatically communicates status via e-mail or fax to interested parties
• Advanced search capabilities
• File location with multiple criteria including loan identification, address, borrower, dates and status
• Attachments automatically linked to file
• Integrated messaging and file history
• All notes, inquiries, and emails are permanently stored within file
• Leave general messages for staff or appraisers
• Electronic report delivery
• Capability to receive large commercial files from appraisers
• Long-term file storage allows future online access to files
• Archive system for file storage within network or local drive
• Appraiser scoring and review module
• Workflow management
• Report note storage
• Appraiser performance report
• Incorporates accounts receivables and accounts payable
• Track order volume by branch or loan officer
• Track accounts receivable and accounts payable