Centric’s emergence in the valuation technology market addresses two areas of critical deficiency. Firstly, gaps in appraisal technology must be addressed as industry regulations change and the composition of its workforce matures and diminishes. Secondly, valuation tracking technologies must be better able to integrate the workflow of lenders, AMCs, and valuation professionals at lower costs and with fewer impacts to operational velocity. A single system provides functionality for all users in the value chain, with cloud-based technology that partitions data and user experience by role.
CTS’s solution eases and eliminates many of the pain points that have emerged since the increase in regulation for real estate appraisals. The collateral valuation platform offers the most intuitive and effective method of producing appraisal forms that are federally required for all completed appraisals.