RENO, Nev., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Today, Clear Capital announced its partner, Guaranteed Rate, has implemented ClearCollateral™, a cloud-based platform for managing property valuations. The collaboration brings Clear Capital’s innovative product technology, national property data and analytics and expertise in the real estate valuations space directly to Guaranteed Rate and its customers.
ClearCollateral is Clear Capital’s SaaS platform product used by mortgage lenders, investors, servicers and agencies. It helps clients connect with their valuation providers, order products and create tailored, quality control workflows. Simultaneously, ClearCollateral leverages hundreds of millions of property data records from MLS, public records and Clear Capital’s proprietary data sets to drive automation within valuation order management and review.
“We built ClearCollateral to make the lives of our partners easier, while equally improving the appraisal experience for their customers, and that’s exactly what appealed to Guaranteed Rate,” shared Clear Capital Director of Platform Products Scott Griset. “By organizing the appraisal review process based on Guaranteed Rate’s high standards for quality control, they can focus their time resolving exceptions and better align their processes with investor guidelines. It’s this exception-based workflow that creates the real efficiency within daily operations and ultimately creates a better experience for Guaranteed Rate’s customers.”
A partnership based on expertise and efficiency
One of the nation’s largest retail mortgage lenders, Guaranteed Rate, has been utilizing ClearCollateral since mid-2017. The organization partnered with Clear Capital because of their forward-thinking technology and overall expertise within the real estate valuations space. A shared vision around the future of valuations has cemented the partnership between the two, as well as Guaranteed Rate’s confidence in Clear Capital’s ability to execute on their roadmap.
“We engage in regular discovery sessions with the Clear Capital team and collaborate on ideas to further advance valuation management. The flow of ideas and information is coming from both sides,” said Guaranteed Rate Chief Operating Officer Nikolaos Athanasiou. “Clear Capital is a recognized expert in data analytics and valuation best practices and we’re a leading innovator in timely and quality mortgage origination. Together, we foster cutting-edge approaches that can be quickly deployed into our mortgage valuation operations.”
With established roots in valuation review and automated quality control, ClearCollateral is different from any other valuation and order management platform available. Clear Capital’s progressive roadmap is leading the industry toward the future of valuations and empowering its partners to scale their operations and focus on their customer’s experience.
Clear Capital is pioneering new approaches to doing business. Creating valuable partnerships with leaders like Guaranteed Rate is at the center of what’s driving these efforts forward. With ClearCollateral, it's proving how technology can transform the process for managing property valuations.
To learn more, visit www.clearcapital.com. For media inquiries, please contact Director of Marketing Sarah Hartshorn at (530) 550-2588.
About Clear Capital
Clear Capital (www.clearcapital.com) is the premium provider of data and solutions for residential and commercial real estate asset valuation and collateral risk assessment for large financial services companies. Their products include appraisals, broker price opinions, property condition inspections, value reconciliations, quality assurance services, home data indices and platform solutions. Clear Capital’s combination of progressive technology, high caliber in-house staff and a well-trained network of more than 40,000 field experts sets a new standard for accurate, up-to-date and well documented valuation data and assessments. The company’s customers include the largest U.S. banks, investment firms and other financial organizations.