This update adds new loan purposes, removes the cap on the number of Mercury Network users in your account, and fixes and error some vendors saw when saving changes to their profile. We also made more progress toward Mercury Network’s ability to archive historical orders.
First update of 2021 paves the way for new features coming soon
In this release, we’ve made some of the final preparations toward Mercury Network’s ability to archive historical orders. There are also changes to help vendors verify their accounts in order to begin directly receiving payments for appraisal fees, plus more progress toward the retirement of XSites.
Quality and Valuation Products (QVP) 2020 Year in Review
Mercury Network 2020 Year In Review
2020 has been a fantastic year at Mercury Network. Just like everyone else, we've been impacted by unprecedented (take a drink) events like COVID, elections, social disruptions and wild weather. However, we've been serving this industry for a long time, so this certainly isn't the first crisis we've faced. It has been a genuine pleasure to help you work through the challenges and surprises of this year, and we're honored to continue earning your trust as a reliable partner as we move into the next one.
New options for automating document templates and appraisal QC plus much more in this release
Give borrowers the digital experience they expect while simplifying your appraisal payment workflow
Did you know that Mercury Network offers an easy way to automatically collect payment for the appraisal from the borrower? It’s part of Mercury Network’s built-in appraisal-payment process that eliminates manual emails, avoids credit card entry mistakes, and streamlines your appraisal accounting workflow. Here’s how it works:
Better VA workflow, improved borrower experience and more in this release
Changes to support Adobe Flash sunset plus workflow issues resolved
This update includes changes that support the fact that Adobe Flash will no longer be available after December 2020. There is also a small change in vendors’ Placed drop-down menu which is a part of Mercury Network’s upcoming ability to archive orders, and we fixed an issue that prevented Mercury Network users from removing a vendor from the Ineligible list when viewing their profile.