ValuTrac Software, a software solutions provider to the appraisal management and mortgage lending industries, announced a software integration with FNC, a provider of real estate collateral information technology. ValuTrac has integrated directly with FNC’s AppraisalPort to seamlessly facilitate the appraisal portion of the loan process.
The integration will increase efficiency and mitigate risk for ValuTrac customers by automating complicated appraisal steps.
AppraisalPort provides a direct, secure connection to FNC-supported mortgage lenders, banks and appraisal management companies — including many of the largest in the nation. Thousands of appraisers manage their business every day through AppraisalPort.
“We are excited about working with our newest integration partner, FNC, and the trusted value they add to our customizable appraisal management platform,” ValuTrac CEO Clint Cornett said. “By partnering with FNC, our customers have more seamless electronic interface options, and ValuTrac takes another step in integrating innovative technology into a holistic platform to further streamline and mitigate risk throughout the lending value chain.
“ValuTrac is committed to being the leader in providing appraisal management companies, banks, credit unions, and mortgage lenders appraisal management solutions, allowing them to operate more efficiently, enhance customer service and ensure industry regulatory compliance.”
“FNC welcomes ValuTrac as an integrated settlement services provider on FNC’s AppraisalPort,” FNC Chief Strategy Officer Mike Mitchell said. “FNC’s CMS platform clients will have the opportunity to benefit from this new valuation service provider option.”