Business Specialties Technology
FNC Automation Ensures HVCC Compliance for Mortgage Lenders
May 9, 2008

FNC's premier analytic product-GAAR (Generally Accepted Appraisal Rules) - can help lenders comply with provisions that will require them to report the results of quality control testing, officials of the mortgage technology company have reportd. Built into FNC's Collateral Management System (CMS) - the workflow solution used by top U.S. mortgage lenders - the GAAR Compliance Series automatically reviews appraisals for regulatory and Fannie Mae and Freddie Mac seller/servicer compliance. GAAR is also available online and through FNC's new Collateral Headquarters, a workflow solution developed for regional and community banks. When GAAR runs, appraisals entered into the system are automatically reviewed for compliance with generally accepted appraisal rules. Reports are generated that list "flags" of potential violations, showing lenders where to take appropriate action. They may choose to accept the appraisal as is, request additional information from the appraiser, flag it for further review, or reject it.

 
Recent Technology Headlines
Yale Building Wins AIA Award
May 15, 2008
Yale University’s new Sculpture Building has been named to the American Institute of Architect's top ten green projects of 2008 list. The building, designed by architects Stephen Kieran and James Timberlake, also earned a platinum LEED certificate.
Green Masonry Preservative Announced
May 14, 2008
Cathedral Stone Products has announced its masonry preservation with no volatile organic compounds-- R-97 Water Repellent.
FNC Automation Ensures HVCC Compliance for Mortgage Lenders
May 09, 2008
FNC's premier analytic product-GAAR (Generally Accepted Appraisal Rules) - can help lenders comply with provisions that will require them to report the results of quality control testing, officials of the mortgage technology company have reported.
Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact
May 08, 2008
The government of Ontario is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds of real estate indirectly, particularly space suitable for high-tech research or manufacturing.
GE Real Estate Names Brodsky Regional Sustainability Leader for North America Equity
May 07, 2008
GE Real Estate has announced that Stuart Brodsky has been named regional sustainability leader for its North America equity unit.
 

 

Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
May 02, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...