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INFORMATIVE RESEARCH AND VALUFINDERS FORM STRATEGIC PARTNERSHIP
Integration of market leaders’ technologies delivers accurate,
responsive and trusted appraisals
CULVER CITY, CA — October, 2009 — Informative Research, a leading provider of mortgage credit information nationwide, and ValuFinders, a leading provider of valuation services to national lenders and government agencies, announced today a strategic partnership which provides seamless integration of their systems enabling lenders to maximize the best of both companies’ core strengths. As a result of this strategic partnership, lenders and brokers now benefit from a comprehensive online appraisal ordering and delivery service.
Specifically, clients of Informative Research will benefit from seamless integration into ValuFinders Appraisal CONCIERGE®, an online appraisal ordering and delivery service that allows lenders to use a blind-draw system to randomly select certified and FHA approved real estate appraisers. Used in conjunction with Informative Research’s comprehensive suite of mortgage credit information services, Appraisal CONCIERGE enables lenders to easily stay in compliance with Federal Guidelines including the HVCC.
“In today’s constantly changing mortgage marketplace, accurate and timely valuation is critical, stated Brad Kelso, vice president of marketing at Informative Research. Our business model is built on quality and superior customer satisfaction. Our customers are demanding alternatives to Appraisal Management Companies due to their high fee structure and inexperienced appraisers. We responded to meet our clients’ needs and we discovered the perfect partner in ValuFinders.”
With ValuFinders Appraisal CONCIERGE, Informative Research customers can meet HVCC requirements, source appraisers from a national network of certified appraisers, attach documents to order requests, coordinate and confirm the delivery date and fee, and track orders from inspection to delivery. The Appraisal CONCIERGE service includes appraiser independence, monitored communications and automatic delivery of the appraisal to the lender, streamlining the process while ensuring compliance.
“We are extremely pleased to be partnering with Informative Research, a company who shares our passion and commitment to exceeding client expectations, stated Joe Williams, president of ValuFinders. Since 1999, we have strived to deliver the industry’s most comprehensive and reliable suite of valuation and collateral risk solutions, backed by the most trusted network of certified FHA approved appraisers. We go to great lengths to pay our appraisers full fees to ensure our high standards for quality are met each and every time.”
About Informative Research
Informative Research has served the mortgage lending community with mortgage credit products and closing services since 1946, providing credit reports, fraud prevention and compliance services, credit scoring management tools and settlement risk services to brokers and lenders nationwide. For more information visit www.informativeresearch.com or call 800.473.4633
About ValuFinders Inc.
Culver City, Calif.-based ValuFinders has worked with HUD since 1999. ValuFinders provides HUD technology to track and manage their nationwide inventory of REO properties.
The company provides an array of real-estate collateral risk management services, including automated valuation models (AVMs), quality control reviews, collateral assessment, Web-based property tracking and technology services. The company works with mortgage lenders, credit unions, government agencies and investors.
For more information about ValuFinders Inc., visit the company’s Web site at www.valufinders.com or call 800.649.6680.
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Media Contact:
Gail Spencer
Informative Research
gails@informativeresearch.com
714.638.2855 ext. 135
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