Done Damage: Report Gauges Losses

July 24, 2002

LSI provides Disaster Inspection Reports For Arizona, Colorado And Texas Properties

Inman News Features

Mortgage lenders, servicers and investors who are attempting to gauge potential losses from the recent fires and floods in Arizona, Colorado and Texas can obtain a low-cost disaster inspection report available from Lender's Service Inc.

The report includes exterior inspection of the property, a summary letter detailing the inspection findings and one front photo of the property, and is prepared by a licensed or certified appraiser.

The report targets lenders that have applications in their pipelines in these states, servicers with loans at risk, investors who own or are in the process of purchasing loans from these states and holders of mortgage-backed securities with loan concentrations in these states.

Lender's Service Inc. provides collateral assessment, title and closing services to mortgage lenders, aggregators, investment banks, GSEs and investors.

Copyright: Inman News Service

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.