Dart Appraisal Announces Integration With FHA’s EAD Portal

TROY, Mich., June 08, 2016 (GLOBE NEWSWIRE) -- Dart Appraisal (www.DartAppraisal.com), a leading nationwide appraisal management company (AMC), today announced its integration with the Federal Housing Administration’s (FHA) Electronic Appraisal Delivery (EAD) portal. The portal is a web-based technology system that enables electronic transmission of appraisal reports to FHA from FHA mortgagees and/or their designated third-party service provider(s) prior to loan endorsement.

FHA-approved lenders will be required to use the EAD portal effective June 27, 2016. Through the EAD portal, mortgagees can simultaneously submit multiple appraisal reports, search for previously submitted appraisal report files, clear “hard stops,” and view reports.

“Integrating with the EAD portal adds a layer of efficiency for our clients by removing any potential for errors or delays that could be introduced by manually uploading appraisal reports,” said Michael Dresden, executive vice president of Dart Appraisal. “Dart Appraisal is constantly trying to leverage our technology to create innovative solutions for the mortgage industry. Our singular focus remains streamlining and improving the appraisal process for our clients, which this integration helps to accomplish."

Dart Appraisal is an independently-owned, nationwide Appraisal Management Company (AMC) founded in 1993. For more than two decades, the company has built a reputation of superior customer service combined with innovative technology to deliver accurate and timely residential appraisals. Thousands of orders are tracked in real time using a proprietary order management platform designed and maintained by Dart Appraisal. With a singular focus on appraisal management, Dart Appraisal has developed a direct relationship with both appraisers and clients. The company manages a nationwide appraiser panel that requires appraisers to meet stringent quality standards to ensure local competence and reliable appraisals. www.dartappraisal.com.

CONTACT: Michelle Gimbutis Marketing Manager Ph: 248.244.1013

Source: Dart Appraisal