FAF First American Financial Corporation

ACI Strikes Agreement with ValueLink to Integrate Its Sky Appraisal Delivery and Review Technology

ACI, a division of First American Mortgage Solutions, announced today a new integration of its ACI Sky™ Delivery and Sky Review technology with ValueLink Software (ValueLink), a leading provider of web-based valuation management software. Through this new relationship, lenders and appraisal management companies (AMCs) using the ValueLink platform gain access to more than 5,000 customizable collateral risk rules, dramatically speeding up the appraisal review process without compromising review quality or consistency.

“We are committed to providing ValueLink clients with best-of-breed solutions,” said Farrukh Omar, chief operating officer of ValueLink. “Through this seamless integration with ACI Sky Review and Sky Delivery, we are supporting our clients’ efforts to enhance their appraisal review and delivery processes.”

ACI Sky Delivery is a web-based appraisal delivery platform that applies dynamic rules to identify exceptions and render real-time results, including hard stops, prior to posting the file for further review. Sky Delivery leverages PAR® logic, ACI’s library of over 5,000 customizable collateral risk rules, including more than 1,200 rules designed to reduce exceptions and identify potential risks related to Uniform Appraisal Dataset as required by Fannie Mae and the Federal Housing Administration.

ACI Sky Review is an appraisal review platform that empowers quality control professionals with an interactive window into the appraisal report. When issues require manual review, users can easily approve items, provide supporting commentary or issue a revision request to the appraiser through the software. Automated checklists document the remaining due diligence process and highlight any potential issues with the appraisal report.

"Sky Delivery and Sky Review deliver the innovation and scalability needed to address the ever-evolving requirements of the appraisal industry,” said George Opelka, senior vice president at ACI. “We have seen organizations using our platform realize productivity gains of up to 50 percent, along with better quality during the appraisal review process. We look forward to helping ValueLink and its clients achieve similarly impressive results.”

About ValueLink

ValueLink Software is a provider of technology solutions to the real estate industry. The company offers a comprehensive web-based platform designed to help lenders, appraisal management companies and financial institutions manage the appraisal process for residential and commercial properties. With constant innovation and technology integrations, ValueLink has become the premier appraisal management platform on the market that is scalable and ensures compliance with the latest regulations. ValueLink was founded in 2009 and is based in Houston, Texas. For more information, visit https://valuelinksoftware.com.

About ACI

ACI specializes in creating innovative workflow solutions for real estate appraisers, appraisal management companies and financial institutions. Backed by analysis-driven tools and industry expertise, ACI’s cloud-based and enterprise software applications empower stakeholders with a streamlined approach to managing forms, rules and data, while operating with audit-ready transparency and compliance. Through visionary leadership and dedication to client service, ACI has served as a reliable and driving force in the valuation industry for nearly 40 years. Headquartered in Palm Coast, Florida, ACI is a part of First American Mortgage Solutions, a member of the First American (NYSE: FAF) family of companies. For more information, visit https://www.aciweb.com.

About First American

First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services. With revenues of $5.6 billion in 2016, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2016 and again in 2017, First American was named to the Fortune 100 Best Companies to Work For® list. More information about the company can be found at https://www.firstam.com.

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15/06/2017

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