The proven leader in collateral management technology – 10 years and running.

FNC Inc. pioneered real estate collateral information technology. Since 1999, FNC has offered the nation's major lenders, servicers, and appraisal management companies superior solutions that automate appraisal ordering, tracking, documentation and review for regulatory compliance and accurate valuations. The technology allows banks to dramatically reduce the time required for appraisal reviews and the risk that loans will have to be repurchased. 

Compliance and Workflow Platform:
Gain the competitive advantage with FNC's flagship product, Collateral Headquarters™ (CHQ) – the nation's leading compliance and appraisal workflow platform. CHQ enables you to maintain control of your process - retain your fee panel and your employees while easily ensuring compliance with current and future regulations.

With CHQ, you can:

• Ensure compliance with GSE and industry guidelines and regulations
• Utilize the system's bump logic to effectively manage vendors
• Order valuation products with one click
• Automate appraisal review
• Access detailed data about the property and comps
• Reduce expenses with more efficient workflow
• Mitigate risk and identify potential cases of fraud
• Take complete control of the appraisal process
• Have appraisal data in the required electronic format for seamless transmission to the GSE's UCDP or any other upstream investor

CHQ also benefits FNC clients:

• Reduce the USPAP compliance issue by reviewing all appraisals through its rules engine and flagging compliance issues for manual review.
• Ensure vendor independence between loan officers and appraisers by automatically assigning and re-assigning orders round-robin styles from your approved vendor list.

Combined with FNC's collateral-focused data and analytics, FNC technology offers transparency into the property backing a loan from Origination to Servicing to Capital Markets—a solution adopted by the largest lenders for its unparalleled efficiency.

CHQ Supports the Following FNC Products:
GAAR – automate a thorough, pre-funding review, not only for compliance but also for underlying risk.
QC Vigilance – determine the credibility of the appraisal and if the appraiser selected the best comps.

Member Benefit:
Specially negotiated price benefits for ABA members

ABA Contact Jerry Sebold, Senior Director, Mortgage Solutions 202-663-7540 Send Email Business Solutions Hotline: 202-663-5575

FNC's Website  www.fncinc.com Get Updates on ABA Mortgage Resources If you would like to receive periodic email updates about mortgage resources, click here.