Equi-Trax Offering New Commercial Valuation Product – NMP Skip to main content

Equi-Trax Offering New Commercial Valuation Product

NationalMortgageProfessional.com
May 02, 2012

Equi-Trax Asset Solutions LP, a provider of collateral valuation tools, dynamic portfolio analytics, borrower outreach programs, has reported that the company has begun offering a number of solutions for lenders who need low-cost valuations on commercial real estate. “The broker opinion of value (BOV) is an important element of commercial property collateral valuation, but one that is difficult to quantify since it is seemingly arbitrary,” said Guy Taylor, chief executive officer of Equi-Trax. “We’re offering three different BOV reporting products—a short, medium, and long form—that will increase the level of quality and professionalism in commercial BOVs.” Equi-Trax is currently offering three types of commercial BOVs, including a basic drive-by, an extensive drive-by, and an exterior property inspection. Each BOV product is run through two independent quality control (QC) audits before delivery to the client. The detailed review process is based on Equi-Trax’s extensive experience in the commercial real estate business.
Published
May 02, 2012
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021
Guaranteed Rate's Banosian Funds $2B In Total Loan Volume

The mortgage industry shouldn't be surprised by Guaranteed Rate's top loan officer, Shant Banosian, funding $2 billion in total loan volume during a record-breaking year. After all, “The Billion Dollar Man” is one of the top 5 loan originators in the U.S.

Wholesale
Nov 29, 2021
Chairman Xu Sells Off Personal Assets To Avoid Default

The Evergrande saga continues as Chairman Xu Jiayin sells off 7 billion yuan ($1.1 billion) of his personal assets to prop up the deflating property giant.

Industry News
Nov 23, 2021