| Collateral
Assessments
Appraisal
Customers
appreciate the fast response times and low costs associated with our appraisal
service. You can choose from complete property inspections, drive-by or desktop
appraisals.
We can readily
handle your needs nationwide with a network of over 10,000 state certified or
licensed appraisers. All appraisal vendors utilized by ORTRIS are selected
based upon a thorough review of education, training, work experience, and
licensing standards. Consistent monitoring of appraiser turnaround time and
quality control standards ensure that industry standards and customer specific
guidelines are met.
Automated
Valuation Model (AVM)
ORTRIS furnishes state-of-the-art automatic valuation tools that are flexible
in returning property value, providing national coverage with detailed subject
and comparable information.
Our automated
valuation models can be used for pre-qualification, property valuation for
streamline refinances or equity products, loss mitigation for an immediate
representation of property, or for portfolio and appraisal review.
Broker
Price Opinion (BPO)
ORTRIS
offers fast and accurate broker price opinion services through state licensed
brokers and agents. Choose a limited/exterior, drive by or full/interior BPO.
Completed products are delivered on forms with photos of the subject property.
BPOs are ideal for default loans, foreclosures, loss mitigation, bankruptcy,
due diligence/bulk sales, loan servicing, quality control, portfolios and REO
departments.
Flood
Compliance
ORTRIS
provides guaranteed flood determinations so lenders can secure insurance to
indemnify against mortgage loss resulting from a loan being made on real
property located within a Special Flood Hazard Area (SFHA).
The choice of either
a basic determination or life-of-loan determination provides added flexibility.
Life-of-loan determinations are tracked and changes are reported to you in
order to protect the collateral within the federally regulated time periods.
Survey
ORTRIS
offers land surveys via a nationwide network of local survey experts. Utilizing
the most advanced survey techniques, our reports are consistently accurate and
precise. Our professionals specialize in land surveys. Our comprehensive
surveying services include mortgage surveys to boundary surveys.
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