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SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Appraisal errors debunked

August 13, 2002

LandSafe's new product weighs appraisal report accuracy and integrity

Inman News Features

Mortgage portfolio buyers and sellers can test appraisal reports with the LandSafe Appraisal Risk Analysis product announced today.

LandSafe's new product for mortgage loan buyers, sellers or servicers can be used to assess the integrity and quality of residential property appraisals.

The LARA report is based on an analysis of national property value databases and the LandSafe reviewer's professional quality check of the appraisal, according to LandSafe. After review, the original appraisal receives a numeric risk score ranging from 1 (high risk) to 5 (low risk). A high-risk score of 1 means the appraisal report may contain numerous errors and omissions and does not support the value. A low-risk score of 5 means the value is adequately explained and is acceptable.

LandSafe, a subsidiary of Countrywide Credit Industries (NYSE: CCR), provides real estate closing services using technology and automation.

Copyright: Inman News Service

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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
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