Company Fact Sheet
AIMSdashboard “Boilerplate”: AIMSdashboard runs an online
appraisal independence management system, AIMS, enabling mortgage lenders to achieve
independent collateral valuations while maintaining business controls and direct
relationships with appraisers. Organizations use AIMS as a collateral valuation
workflow framework to:
- optimize loan QC through business controls
- comply with appraisal independence standards across internal and business partner operations; and automate and document the enforcement of lenders’ policies.
AIMS strengthens appropriate direct professional relationships within the mortgage
industry, such as those between appraisers and lenders while it supports the development
of high quality collateral valuations (appraisals), important to mortgage investors
and borrowers alike.
AIMS is a residential real estate Appraisal Independence Management System.
AIMSdashboard is not an AMC. We are a software company.
AIMS restores the appraiser approval and selection criteria to the lender, and
provides real-time updates to the origination network as the appraiser completes
Company formed in 2008. Current Release: AIMS 4.7.8
AIMS clients span the variety of entity types within the Mortgage Industry: Brokerage
Firms, Correspondent Lenders, Wholesale Lenders, Mortgage Lenders, and Depository
Software licensing is use based (transaction based) to align costs with usage. Application
access is strictly associated with the individual through the use of identity management credentials.
Brokers can use a single ePortal interface with all of their "upstream" lenders
The appraiser community is an AIMS user group.
- Appraisers are able to provide updates to their
profile information at no charge.
- Appraisers are not charged a fee to receive
appraisal request assignments from lenders using AIMS.
- Electronic engagement is accepted and updated
by appraiser (or appraiser representative) within AIMS
AIMS proactively generates subject-property-specific appraisal independence
certificates that provide a detailed accounting of the events that transpired
during the Appraisal Request Cycles (ARCs).
The AIMSdb, the data engine for AIMS, has all the active appraisers in
the US within the system, including State Licensed, State Certified Residential,
and State Certified General appraisers as verified against the federal register.
Geographic competency is a key tenant of the system. AIMS
requires at least one geographic competency metric match for any given appraiser
candidate and one residence type competency match. Additional geographic competency
policies are configured by the lender, and enforced through the AIMS application.
AIMS tracks changes made to approved appraiser lists, exclusionary
appraiser lists, competency approvals, service area approvals, and other changes
made concerning appraiser candidate selection structures. A variety of proactive
audit reports provide accountability and documentation of policy related actions
within the system.
AIMS complies with the updated TILA, IFR, FIRREA, and GSE revisions
introduced as components of the Dodd Frank Wall Street Reform and Consumer