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Article: TransUnion Offers Automated Appraisal Review Process Through ValuationLogic Partnership.
- Article from:
- Business Wire
- Article date:
- October 23, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Comprehensive Product Suite Drives Time, Risk and Cost out of Lending Process
CHICAGO -- TransUnion is expanding its suite of valuation tools by making ValuationLogic, Inc.'s CollateralLogic(TM) available to its customers. CollateralLogic is an automated appraisal report evaluation tool that helps lenders reduce risk, address fraud and improve efficiency by verifying that an appraisal report's sales data supports the market value of the collateral backing the loan. The announcement was made at the Mortgage Bankers Association's 93rd Annual Convention & Expo in Chicago.
CollateralLogic helps lenders address potential fraud and risk concerns that could ...