Appraisal Independence Management System Features

The Appraiser Independence Management System (AIMS) is a Web-based, Software as a Service (SaaS) application that facilitates a lender’s process of selecting an appraiser to develop a specific collateral valuation (or appraisal).  AIMS effectively manages and documents the appraisal request (AR) workflow from start to finish.

At the core of the AIMS application is an extensible database, AIMSdb, to support appraiser selection based on lender policies. Additionally, an array of proactive, automated audit reports provide evidence of the lender's conformity to Appraisal Independence standards, including HVCC compliance.

Current features of AIMS include:

• Approved Appraiser List
• Loan Specific AR Workflow
• Appraiser List Management
• Appraiser Selection Based on Appraiser Competencies
• Automated Selection and Cascading Through Candidate Pool (in the Event of Declines)
• Appraiser Selection Using Manual Candidate Pool Creation
• FHA Appraisal Independence Standards Enforcement
• Auto Generation of Appraisal Requests with Appropriate Milestone Events
• Appraiser Service Area Definition
• Communication of Appraisal Assignment Conditions
• Appraisal Request Generation
• Multiple Appraisals Requests
• Exception Handling
• License Types: ePortal, Processing, Appraiser, Appraiser Admin 
• ePortal Dashboard - Displays Appraisal Request Cycle (ARC)
• Processing - Includes Third-Party Originator (TPO) Requests and Holds to Approve
• ePortal Access for Branch Office and TPO networks
• TPO Authorization (granted by lender)
• Users are Configured to Match the Role Within the Workflow
• Proactive Certificate with Audited Milestones in the ARC
• Weekly Audit Report of Appraiser List Edits
• Appraiser Administered Specializations and Profile Info
• Appraiser Zip Code Coverage Report
• Acceptance Questionnaire

Want to learn more about AIMS? Contact us today!

AIMSdashboard, LLC has a 30-day refund policy from date of license activation for AIMS license sales.