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eAppraiseIT Focuses On Reconciling Values.(Brief article)

Mortgage Servicing News

| May 01, 2008 | COPYRIGHT 2008 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

Poway, CA -- First American eAppraiseIT here, a provider of real estate valuation products and services, is now offering a low-cost, one-page value reconciliation report that will help default and real estate-owned managers make loss mitigation and pre-foreclosure decisions.

The new offering, VRR Lite, like eAppraiseIT's original value reconciliation service, will give clients a better understanding of the reasons for differences between origination appraisals and subsequent loan servicing valuations and assist in the analysis of loan portfolios, retrospective value reviews, pre-closing and post-closing value opinions, and appraisal panel reviews.

VRR Lite offers lenders better visibility into the true value of their assets in pre-foreclosure situations, alerts them to indications of fraud and helps them develop more accurate bids for foreclosure sales and initial listing ...

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Source: HighBeam Research, eAppraiseIT Focuses On Reconciling Values.(Brief article)

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