Carlsbad, CA (PRWEB) May 14, 2015
Valuation Vision, LLC (V2), a nationwide provider of alternative valuation products announces that BPOMerge™ is now available via FNC’s AppraisalPort®.
"We are pleased to offer BPOMerge through FNC to support our current clients,” said Shane Copeland, CEO of Valuation Vision. “FNC is a recognized technology leader for the nation’s largest lenders and servicers, and this integration makes our unique flagship product available to the vast network of leading banks and servicers within the U.S. mortgage industry.”
BPOMerge is a proprietary valuation solution, where multiple agents provide independent research and price opinions resulting in a highly credible valuation report. The patent-pending automated reconciliation is designed to score vendor performance to determine the most probable outcome as a valuation conclusion. With 18 expert-selected comparables and over 40 site-inspection data elements, BPOMerge provides a significant amount of data on the subject property.
“FNC clients continue to benefit from integrated access to over 80,000 service providers on AppraisalPort offering a full range of collateral valuation products. We are excited to add access to new tools such as Valuation Vision’s BPO Merge,” said Mike Mitchell, Chief Strategy Officer of FNC, Inc.
FNC is a recognized leader in collateral management platform and valuation technologies. FNC platforms process transactions for the largest US banks, non-bank originators and mortgage servicers.
“BPOMerge was designed to address the accuracy and reliability shortcomings found in traditional Broker Price Opinions,” said Ernie Durbin, Chief Valuation Officer of Valuation Vision. “Our patent-pending technology engages multiple vendors simultaneously to generate a reconciled consensus value on the subject property.”
About Valuation Vision (V2)
Headquartered in Carlsbad, CA, Valuation Vision is a provider of innovative alternative valuation products and technology solutions for the mortgage and investment industries including BPOMerge, a patent-pending multi-opinion Broker Price Opinion. With more than 100 years of combined industry and technology experience, V2 leverages market data, advanced analytics and value expertise creating a new dimension in alternative valuations. Visit the company online at http://www.valuationvision.com.
About FNC, Inc.
For more than 15 years, FNC has revolutionized the residential mortgage industry with products that help to increase client’s profitability, ensure compliance and mitigate risk. Headquartered in Oxford, MS, FNC was the first company to create real estate collateral information technology. Today, FNC continues to provide innovative industry-leading collateral management platforms and collateral focused data and analytics. Its clients include the largest mortgage industry lenders and leading appraisal management companies. For more information, visit FNC online at http://www.fncinc.com.