Items Tagged with 'FNC Inc.'


  • CoreLogic snaps up FNC for $475 million

    CoreLogic CEO: We expect property valuation to be an area of significant growth
    In what marks its second substantial acquisition in the field of property valuation in 2015, CoreLogic announced Thursday that it plans to acquire FNC, Inc. Earlier this year, CoreLogic purchased LandSafe Appraisal Services from Bank of America for $122 million. The purchase price for FNC is far beyond the price for LandSafe.
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  • Collateral Software Adds Appraisal Function

    Lenders that use Oxford, Miss.-based FNC’s Appraisal Port real estate collateral information software can now access appraisals provided by The direct link between the two products streamlines the appraisal process and saves time, the two companies said, which is achieved with a secure, two-way link between the two pieces of software. The new function helps lenders maintain Home Valuation Code of Conduct compliance for appraisal services.
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  • FNC Software Updated for HVCC Compliance

    Oxford, Miss.-based mortgage software developer FNC added debit and credit processing services to its Collateral Management System software under a three-year contract with US Bancorp’s [stock USB][/stock] credit card processor unit Elavon.
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  • Survey: Lenders Not Yet Ready for HVCC

    It's not garnering as much press as it perhaps should, but new appraisal guidelines set forth in the Home Valuation Code of Conduct are set to go into effect on May 1 -- and a recent study suggests that while U.S. mortgage lenders are confident their systems will be ready, few say they have actually completed system upgrades designed to ensure compliance.
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  • Tech Roundup: New REO Tech, Birthdays, and More

    Mortgagebot, Byte Software announce alliance: Partnerships have become increasingly common in the changing mortgage marketplace, as tech providers realize there is strength in numbers -- and in co-marketing agreements. Mequon, Wis.-based Mortgagebot LLC and Kirkland, Wash.-based Byte Software are the latest two tech providers to announce a marketing alliance that will see Byte recommend Mortgagebot's point-of-sale applications to customers.
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  • FNC Touts Solution for Appraiser Independence

    Officials of mortgage technology company FNC, Inc. are touting the company's platforms as a solution to help mortgage lenders comply with new Fannie Mae/Freddie Mac rules spelling out how home appraisals can be conducted. FNC CEO Bill Rayburn said the company's Collateral Management System for enterprise lenders and its Collateral Headquarters platform designed for regional and community banks can provide the compliance management tools needed when the new rules take effect Jan. 1.
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