Newspaper article THE JOURNAL RECORD

OKC Real Estate Briefs December 19, 2003

Newspaper article THE JOURNAL RECORD

OKC Real Estate Briefs December 19, 2003

Article excerpt

A la mode's Mercury Network, an appraisal workflow and transaction management hub connecting real estate appraisers and their mortgage lender clients, reached a milestone this month.

More than 20,000 lender representatives are now registered network users doing business with Mercury-enabled appraisers.

These 20,000-plus lenders find an appraiser in their subject property's area. They choose based on criteria including coverage area, turnaround time, fees, licensure, experience and expertise.

The lender logs in and inputs subject property information only once and the particulars of the assignment.

The order is routed to the Mercury-enabled appraiser, who completes the assignment and delivers it through network servers.

In between, Mercury provides instant, on-demand updates on the assignment's progress, eliminating phone and fax tag.

Mercury Network servers delivered more than 15 million electronic appraisals in 2003.

The Mercury Network has become the industry's standard for paperless mortgage transactions, said Dave Biggers, founder and CEO of Oklahoma City-based a la mode.

Paul Davis Restoration expands

Paul Davis Restoration is adding a new Oklahoma location in Moore.

Scott Baker, president and CEO of the Jacksonville, Fla.-based company, said the new Moore location will provide loss mitigation, restoration and reconstruction services.

The Moore office will be headed by Check Prucha who is certified in water damage and fire and smoke restoration. The office at 400 NW 27th St. in Moore will serve central Oklahoma.

Meyer Architects

Meyer Architects has promoted Heath Tate to project coordinator.

Tate joined the firm in 2000 and is a graduate of the University of Oklahoma College of Architecture. He has experience working on education, church, historical preservation and governmental projects.

International Realtor training

Tony Macaluso, the National Association of Realtor's 2003 International Educator of the Year, was in Oklahoma City earlier this month to instruct the prerequisite course leading to the globally recognized designation of certified international property specialist. …

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