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AccessMyLibrary    Browse    N    National Mortgage News    OCT-01    First American RES Announces No-Risk, Life-of-Loan AVMs.

First American RES Announces No-Risk, Life-of-Loan AVMs.

Publication: National Mortgage News

Publication Date: 22-OCT-01

Author: Kersnar, Scott
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COPYRIGHT 2001 SourceMedia, Inc.

In what may prove to be the biggest technology-related news to come out of the MBA convention in Toronto, First American Real Estate Solutions, Anaheim, Calif., announced a no-risk, life-of-loan automated residential valuation priced at a one-time fee of $3.

For companies ordering the AVM (automated valuation model), First American RES offers to provide property valuations over the life of the loan and to waive its fee if the lender does not accept the initial valuation.

Furthermore, said...

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