eAppraiseIT announces the launch of an automated and adaptable electronic process for real asset valuations known as RAVe. The system, which can support all aspects of the lending cycle, was designed by First American eAppraiseIT to deliver faster and less costly valuations to mortgage lenders, according to the company. RAVe can directly link lenders with a database of property characteristics in the country. The database is owned by eAppraiseIT's sister company, First American Real Estate Solutions. The system-to-system valuation technology directs information from lenders' production systems to the First American eAppraiseIT valuation system. RAVe then processes orders electronically and returns property characteristics and valuation data back to lenders' systems.