FNF Canada and Municipal Property Assessment Corporation Form New Automated Valuation Model Relationship
PICKERING, ON, September 15, 2016 — FNF Canada and the Municipal Property Assessment Corporation (MPAC) announced today the launch of a full line of Automated Valuation Model (AVM) products to Canada’s Financial Services industry.
“FNF Canada is pleased to expand and strengthen our relationship with MPAC, while continuing to deliver innovative solutions and full-service products to our partners” said Brian Bell, Senior Vice President of Innovation & Data Solutions at FNF Canada.
“The launch of this product line demonstrates our commitment to the Financial Services industry, recognizing the importance of an end to end valuation solution that creates gains in efficiency and cost savings for our partners,” Bell said.
FNF Canada continues to lead the appraisal management industry by delivering a full range of property valuation services ensuring consistent, reliable data sources to maintain the highest in quality and integrity that industry partners have come to expect.
MPAC's state-of-the-art AVM has an unmatched database with coverage of more than 6.8 million residential properties across Canada making MPAC’s AVM the best in the industry. MPAC has been a trusted supplier of AVM products for more than 15 years, allowing clients to mitigate risk, make informed underwriting decisions, and increase overall productivity.
“MPAC is looking forward to this new chapter of our relationship with FNF which will support the delivery of instant, real-time and accurate property values to their valued customers,” said Chris Fusco, MPAC’s Director of Real Estate and Strategic Accounts, Business Development.
“MPAC is pleased to support FNF in their desire to expand on their existing range of valuation services which includes leveraging MPAC’s industry leading property database,” said Fusco.
The new line of AVM products is available immediately and can be ordered via the contact information listed below.
About FNF Canada
With over 25 years of trusted service, FNF Canada is an innovative provider of national mortgage, appraisal and loan related services to large and small Canadian lenders. We specialize in facilitating all aspects of a mortgage transaction, including title insurance, document processing, property tax management, appraisal management and valuations services. Our exclusive end to end solution suite is unmatched in the industry, seamlessly integrating all FNF services on a single platform which provides our customers with the complete transaction life cycle.
For more information about FNF Canada, visit www.fnf.ca
The Municipal Property Assessment Corporation (MPAC) is an independent, not-for-profit corporation, responsible for assessing and classifying more than five million properties in Ontario in compliance with the Assessment Act established by the Government of Ontario.
MPAC also provides products and services such as propertyline™, a secure e-commerce solution for property information, to a number of sectors including banks, mortgage firms and other assessment jurisdictions.
MPAC is committed to providing the media with timely, accurate and comprehensive information about property assessment in Ontario.
For all media inquiries, please contact:
Craig Goom, 289-562-0088, ext. 24184
Director, Marketing and Communications
Senior Vice President, Innovation & Data Solutions
Municipal Property Assessment Corporation