Sierra Pacific Deploys Mercury Network's Enterprise Vendor Framework for Superior Appraisal Operations

Marketwired

NAPLES, FL--(Marketwired - August 13, 2013) - a la mode announced today that Sierra Pacific has deployed a customized integration with Mercury Network. The new web-based software integration empowers all Sierra Pacific origination channels to streamline appraisal ordering, receive higher quality appraisals with shorter turn times, and provides security measures for enhanced company-wide compliance with appraiser independence regulations. 

The new Mercury Enterprise Vendor Framework (EVF) integration routes all appraisal orders to Sierra-approved appraisal management companies, (AMCs) via Mercury Network's efficient web-based platform. The integration features remote authentication, so Sierra Pacific customers only login once to SPM's website to seamlessly order appraisals. Accuracy is ensured with automatic data transfer to and from the LOS, eliminating rekeying and manual data entry mistakes. Compliance is ensured through highly advanced AMC selection with no production involvement, based on Sierra's specific routing rules. 

"Our customers are thrilled with how easily appraisals can be ordered on our website since most of the information is prepopulated from our LOS," explained Jim Connell, CIO of Sierra Pacific Mortgage. "Additionally, real-time status of the order appears in their pipeline view, so they can track when the appraisal was ordered, assigned, inspected, and completed. Sierra Pacific is committed to being a technology leader in the mortgage industry and we are excited to have a la mode as a strategic partner offering a technology platform that is 'best in class.'"

"We're honored to welcome Sierra Pacific aboard, and very proud of our collaboration because it results in the same benefits being available to any lender using Mercury Network," noted Jennifer Miller, President of a la mode's Mortgage Solutions Division. "Our commitment to APIs and modern software development methodologies let us deploy the advanced software integrations and features developed for the nation's largest lenders and AMCs across the entire Mercury Network platform to benefit the over 500 lenders and AMCs using it today. It's a great example of technology collaboration between two companies, scaled to benefit the entire industry."

a la mode's Mercury Network is the nation's premier Vendor Management Platform in the appraisal and BPO industries, offering both interfaceless "black box" MercuryDirect services and APIs, as well as "turn key" MercuryManaged Web front ends for use by loan officers and compliance staff. It's used in both capacities by a lengthy roster of the nation's largest lenders and AMCs, as well as by numerous community banks, credit unions, wholesale and correspondent lenders, and mortgage brokers, simplifying full compliance with appraisal independence standards and banking security regulations. It's been used by more than 200,000 mortgage professionals since 2002 to power the full "round trip" of tens of millions of appraisals. For more information, visit www.MercuryVMP.com.

About Sierra Pacific Mortgage
Sierra Pacific Mortgage is a leading national mortgage banking company, based in Folsom, CA and serving the retail, wholesale and correspondent mortgage banking markets in 48 states through 12 regional fulfillment centers. Sierra Pacific's mission is to deliver consistent, competitive pricing, and to provide its customers the finest experience through streamlined systems, the best industry tools, effective communication, and superior customer service with every branch, every day.

For more information or to contact Sierra Pacific Mortgage, call (916) 932-1700. Please send all correspondence to Sierra Pacific Mortgage, 1180 Iron Point Road, Suite 200, Folsom, CA 95630.

About a la mode 
Celebrating 28 years as a mission-critical workflow technology leader in the real estate and mortgage industries, a la mode's products are used by hundreds of thousands of appraisers, salespeople, inspectors, and lending professionals to power more than 50% of all residential real estate transactions in the US each year. a la mode's flagship product for the lending industry is its Mercury Network, the nation's premiere valuation Vendor Management Platform with almost 30,000 transactions a day. In the appraisal sector, its TOTAL desktop software line is dominant, used by more appraisers than all other brands combined. And in the agent market, a la mode's Broker Reciprocity and Analytics products enjoy top-tier direct access to MLS listings and sales data via integration contracts with local boards serving more than 500,000 licensed salespeople nationwide.

a la mode is headquartered in Naples, FL, with additional offices and approximately 200 employees located in Oklahoma City, Salt Lake City, and Washington, DC. For more information about the company, visit www.alamode.com.

All product and company names herein may be trademarks of their registered owners. 

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Contact:
Press inquiries, contact:
Molly Dowdy
EVP, Marketing
Mortgage Solutions Division
a la mode, inc.
pr@alamode.com
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