FNC has unveiled a new collateral-focused analytics that it says arms mortgage lenders with decision-making tools for the life of a loan, from origination to review to capital markets.
Branded as Collateral DNA, these descriptive and predictive analytic products use a rich database of appraisal and public record data to quickly deliver accurate information and scores on a particular market, property and vendor, FNC said.
Among the features:
Easy Price Opinion (EPO), a Web-based application useful for equity loan production, offers interactive maps and comps backed by FNC analytics and Fannie Mae guidelines.
Data Express allows fee or staff appraisers to auto-populate their appraisal forms with the best comps, complete with transaction histories and plat maps.
Loan Pool Valuator features an easy-to-use interface tool that validates the valuations of all loans in pool, useful in correspondent lending, servicing and capital markets.
For info: www.fncinc.com
