AMC Registration (Administration of AMC Registration and Compliance Monitoring)

End to End Solution for AMC registration process

Updated database of AMC regulation

Help Fulfill all requirements for registering with dept of state and Appraiser boards

Expertise & Knowledge about Foreign Corp/LLC requirements in respective states

Vast Database of Registered Agents -Appointing competitive registered agent at attractive prices

A fully complied list of necessary requirements for each state AMC registration and various form types (Hyperlink to forms)

Tracking of AMC registration with each appraiser board and solving issues, if any

Software in place to send automated reminders for Annual Fees to be paid

Vendor Management (New Vendor Sign up (Appraiser, Brokers and Inspectors)

Database with all vendor information, updated every 15 days. Constant Searches to add new Vendors

Call and/or send emails to solicit vendors

Collect all required documents for successful Vendor Sign-Up

Timely reminders to preferred Vendors nearing expiration of Licenses & Insurance

Upload signed contract in the system

Order Placement and Follow-up

Selecting Vendors based on Proximity and Price

Confirming acceptance of order and terms & conditions of engagement else Re-assign

Tracking Appointment Schedule Date

Confirming appointment done

Follow up for submission of the reports

Collect completed Orders

Running through automate review and fixing all warnings

Performing administrative Quality Control

Re-Allocation/Re-Assigning for revisions and updates

Client on-boarding Back-office Services

Collect preferred vendors list or do not use list from lender-client and enter in system

Enter all emails of clients for notification purpose in system

Put in product-wise and county-wise pricing

Upload signed lender-contract in the system

Order Entry and Order Delivery

Get orders from client's LOS and Enter orders into AMC platform

Run credit card payments for the orders placed

Solve declined credit card issues

Dispatch corrected orders to clients

Print & mail Appraisal Report to Lender in Infinity's facility

Appraisal QC

Administrative Quality Check of the Appraisal Report as per underwriting guidelines from the Lender.

In case of rejections, send orders back to the Vendor for corrections and perform re-review

Accounts Payable

Reminders to accounts dept to send out checks/ACH based upon vendor payment terms

Send out email notification to vendors regarding payments

Answer Vendor question regarding payment

Accounts Receivablee

Create client invoice and send along-with dispatch orders

Posting client's payment against orders- Update check numbers/ACH details in software

Collection or bad debts, if any - Track overdue payments and send gentle reminders to client by e-mail