FNC To Track Home Prices In Areas Affected By Oil Spill

Posted by Orb Staff on June 21, 2010 No Comments
Categories : Mortgage Servicing

c. is inviting Gulf Coast-area real estate professionals to provide information for a new website that will track home sale prices of properties that may have been affected by the recent oil spill in the Gulf of Mexico. The Collateral Vision Gulf Coast Crisis website will be available this fall and will map property values from the Gulf Coast at least 50 miles inland. FNC is encouraging industry professionals in the affected areas – including community bankers, lenders, appraisers, real estate brokers and bank managers – to use the site to post photos, narratives, blog entries and comments describing what they discover about the oil spill's impact on home values and sales. "We hope the website will become a repository of detailed news about how lenders, loan servicers and insurers are responding to homeowners whose incomes and mortgages have been affected by the oil spill," says Carol Luitjens, FNC's chief marketing officer. SOURCE: [link=http://www.fncinc.com]FNC Inc.

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