EVO Reconsideration of Value

How can Global DMS and EVO Software help with the ROV Process?

1. Offer a customizable ROV borrower disclosure template that can be automatically sent with each appraisal.
   
   
   
   
   
   
2. Convert ROV requests into web forms or manage them as attachments to streamline and document your process.
   
   
   
   
   
3. Online store provides an easy way for borrowers to obtain MLS Comparable Sales Reports to support their appraisal appeal.
   
   
   
4. Our adjustable Bias Alert Report compares the appraised value with a lender-grade Automated Valuation Model (AVM) to detect significant value discrepancies and reduce risk.
   
   
5. Automatically review appraisals with thousands of rules, including those from Fannie Mae and Freddie Mac, to identify issues before delivering to borrowers.
   
   
6. Examine appraisal reports for discriminatory language to detect bias and ensure a compliant process.
   
   
7. Offer detailed reporting to monitor the number of ROVs, the requestors, value changes, and their final outcomes.
   
   
   
   
8. Provide free ROV consultations with best practices to support a compliant internal process.