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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.

Hansen Quality Launches Offering That Combines Collateral Risk Analysis and Appraisal Value

October 22, 2004

JACKSONVILLE, Fla., /PRNewswire-FirstCall/ -- Hansen Quality, a division of Fidelity National Financial, Inc. (NYSE: FNF) and a provider of collateral valuation and appraisal review products, launched PRO Value(TM), a service that analyzes overvaluation risk on residential appraisal reports and provides an independent, AVM-derived collateral value that is reviewed and certified by an expert appraiser. This service is designed to be used in the origination phase as a substitute for desk reviews or in the due diligence process for whole loan purchases. Hansen Quality's PRO Value(TM) report assigns an overvaluation risk score after evaluating critical factors associated with an appraisal report. Considered risk factors include, but are not limited to, unique property attributes, below average condition, negative external influences and inappropriate comparables. The review appraiser then chooses an accurate AVM value from a selection of 3-4 different AVM models, including an appraiser assisted model. The final PRO Value(TM) report includes the overvaluation risk score, the reviewed AVM value, and commentary summarizing the review appraiser's analysis. PRO Value(TM) is ideal for clients seeking a very accurate collateral value based on a desktop-oriented review process as opposed to a field review. The real advantages show up in cost and time savings to the client. "We realized the need to provide an appraisal review solution that would offer a higher level of due diligence for those clients that wanted to go a step beyond our PRO product," said SVP Mark Fernald, Senior Risk Administrator of Fidelity. "By combining an appraiser-certified value with the PRO collateral risk report, we have given investors a time-saving, cost effective alternative to using a BPO," added Fernald. "It is also a great option for originators, providing them with greater collateral value assurance than a desktop review alone," said Fernald.

Source: Fidelity National Financial

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