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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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  • Partnership Provides HVCC Compliance Tool

    Yet another tool to help lenders meet the Home Valuation Code of Conduct compliance requirements emerged today. The HVCC enacted on May 1, completely altered the appraisal business, essentially requiring that appraisers are selected and assigned to all appraisals on a blind basis via third-party platforms. This also meant loan origination systems began altering the way they conduct business, in order to ensure lenders comply with regulations quickly and easily.
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