NCCI offers lenders property inspection and occupancy verification service
National Creditors Connection, Inc. launched a new servicing department to offer lenders a snapshot of a property's condition and verify the occupancy status of a property in foreclosure. The firm said the service accommodates industry standard condition requirements and helps servicers devise a plan for dealing with a troubled asset. NCCI will report whether the property is vacant or occupied, who lives in the property, the general condition of the property, the exterior condition of the home and instances of vandalism. The firm offers the new Property Inspections/Occupancy Verifications service alongside it's field contact, onsite inspections and loss mitigation services. NCCI is an outsourced servicing firm available to financial institutions. The company is based in Lake Forest, Calif. Write to Christine Ricciardi.