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Just Valuation and FNC Team Up to Offer REO Services.(Brief Article)

Mortgage Servicing News

| May 01, 2004 | COPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FNC Inc. here has formed a strategic alliance with Just Valuation Inc., Altamonte Springs, Fla., that will make JVI's residential appraisal and inspection services available through FNC's CMS collateral information management system.

FNC's CMS is a decision system that makes mortgage origination more efficient and JVI's staff more productive through automated service procurement. JVI itself uses the CMS to manage appraisal and inspection orders, tracking and delivery among its nationwide network of vendors. Under the strategic alliance, other FNC CMS clients will be able to use their systems to order services from JVI.

Ron Nation, president and CEO of JVI, said, in a press release about the strategic alliance, his firm has already reaped internal benefits from using CMS.

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Source: HighBeam Research, Just Valuation and FNC Team Up to Offer REO Services.(Brief Article)

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