Skip to main content

FNC forms partnership with Integrated Asset Services

NationalMortgageProfessional.com
Aug 13, 2010

  FNC Inc. has announced that it has entered into a partnership with Integrated Asset Services (IAS) to offer FNC's servicing clients an option for procuring next-generation real estate valuations that are more precise than ever. With the IAS option already fully integrated into FNC's Collateral Management System (CMS) platform, FNC clients can take advantage of this technology to order broker price opinions (BPOs) or appraisals as part of FNC's seamless collateral risk management solution. "We believe IAS's next-generation BPO and appraisal technology will give our clients a cutting edge option for better collateral transparency and more accurate decisions," said Mike Mitchell, FNC's chief strategy officer. IAS's product combines hard data with both comparative and predictive analytics to bring a level of granularity never thought possible to value estimates. By clustering together like neighborhoods, the process creates trend lines, which enable users to predict what will likely happen to real estate values at the neighborhood level. If, for example, trend values are declining in a neighborhood, the recommendation to sell a property "as-is" at a lower price could be made, while if the neighborhood trend values are increasing, the recommendation to repair and take a longer time to sell could result in a higher realized gain on the property.  "I'm confident that our mutual clients will benefit from IAS's suite of valuation products," said Ryan Tomazin, IAS president. "Together, we'll be bringing new levels of clarity, accountability, and transparency to the valuation process." For more information, visit www.fncinc.com or www.iasreo.com.  
Published
Aug 13, 2010
More from
Tech
E-Closing Technology: Norcom Mortgage’s Implementation Lessons

Norcom Mortgage outlines its implementation lessons learned as the company transitioned to its digital experience.

Tech
Sep 17, 2021
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Tech
Sep 14, 2021
NAMB Partners With Dell Technologies

Offers Discounts To Members To Help With Technology Upgrades

Tech
Sep 13, 2021
Notarize And Snapdocs Announce Partnership

Notarize and Snapdocs, Inc. entered a partnership in which brings two digital closing companies together in hopes to further streamline the closing process.

Tech
Sep 09, 2021
Hold The Phone: Agile Formally Launches Platform For TBA MBS Quotes

Trade Auction Manager Allows Small to Mid-Size Broker Dealers To Quote Digitally

Tech
Sep 09, 2021
SimpleNexus Approved As eClosing Solution Provider For Both GSEs

SimpleNexus, a homeownership platform developer, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider.

Tech
Sep 07, 2021