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SYS-CON MEDIA Authors: Ian Goldsmith, Ed Featherston, Elizabeth White, Pat Romanski, Liz McMillan

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McLean Mortgage Corporation Selects SharperLending's Appraisal Firewall Technology for Real Estate Appraisals

Mortgage technology provider SharperLending LLC announced today that its Appraisal Firewall technology has been selected by McLean Mortgage Corporation to order, process and deliver real estate appraisals. McLean Mortgage will be enhancing internal appraisal process efficiency by taking advantage of the enterprise-level real estate appraisal technology that Appraisal Firewall delivers to mortgage lenders.

Appraisal Firewall is a secure, web-based technology solution for lenders to work with their trusted local appraisers and AMCs in one system to achieve management-level control and multi-department efficiency. Appraisal Firewall helps lenders comply with all appraisal independence regulations, including the Consumer Financial Protection Bureau (CFPB) requirements, Dodd-Frank Wall Street Reform and Consumer Protection Act, Interagency Appraisal and Evaluation Guidelines, internal and investor requirements, plus GSE requirements for lenders to submit UAD-compliant appraisals electronically to the UCDP.

McLean Mortgage Corporation is a full-service independent lender focused upon retail mortgage originations. McLean Mortgage is dedicated to delivering first-in-class customer service to each client with the goal of becoming a partner for life. The company’s focus upon advanced technological solutions has put them in a position of providing superlative support levels to attract the highest quality loan officers within the industry.

"The ability to deliver great service at the best price for our clients was the key factor which drove us to this solution," said Nathan Burch from McLean Mortgage Corporation. "We wanted to maintain control over our branches and their appraisal ordering process, plus we wanted the option of working with our trusted local appraisers and AMCs in one place. Additionally, Appraisal Firewall helps us comply with all appraisal regulations and is integrated with our Loan Origination System which means that the process is as seamless as possible."

"We are honored that McLean Mortgage Corporation selected the Appraisal Firewall technology as their primary real estate appraisal workflow solution," says Dave Black, President and CEO of SharperLending LLC, the company behind the Appraisal Firewall technology. "This partnership continues to reflect the trend that mortgage lenders are turning inward to manage their own appraisal process. Lenders like McLean Mortgage stand to benefit substantially by being able to tightly control workflow and regulatory compliance in a single, transparent, secure place that offers all of the data connections they need to properly manage their own appraisal process."

About McLean Mortgage Corporation

McLean Mortgage Corporation is a privately held full-service mortgage lender based in Fairfax, Virginia with branch offices in Fairfax, Fair Lakes and Virginia Beach, Virginia; as well as Greensboro and Charlotte, North Carolina and Bethesda, Maryland. The company was recently named the 40th largest lender in the nation for 2012 by the Scotsman Guide survey published in June 2013. More information about joining the McLean Mortgage team can be found on the web at www.WhyMcleanMortgage.com.

About SharperLending LLC

Headquartered in Spokane, Wash., SharperLending LLC was founded in 1989 and was the first to offer a complete Web browser-based mortgage credit reporting system on the Internet. The company’s proven technology has processed more than 500 million secure mortgage transactions. SharperLending has been processing appraisals since the late 1990s, with Appraisal Firewall breaking out of the company’s settlement services technology into its own unique offering. SharperLending LLC has three divisions under its corporate umbrella: SharperLending Mortgage Services Division, the mortgage services and Appraisal Firewall platforms; SharperLending Credit Division, technology for the credit reporting industry; and SharperLending Solutions, the loan origination product packaging division. For more information, watch the Appraisal Firewall YouTube video, follow us on Facebook, Twitter or LinkedIn, call (800)452-1174, or visit www.SharperLending.com.

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