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Kirchmeyer Serves on AVM Panel at the FNC Client Conference in San Diego
BUFFALO, N.Y. -- January 17, 2005 -- James A. Kirchmeyer, president of Real Info, Inc., a national real estate valuation company, served on the AVMs 2005 panel at the FNC Client Conference, held Jan. 12-15, 2005 in San Diego, Calif.
The annual FNC Client Conference is attended by bankers, appraisers, home equity lenders, credit union representatives, and real estate professionals. It covers all aspects of the mortgage industry. This year's event focused on industry trends, the regulatory environment, and technology.
Kirchmeyer outlined the benefits of automated valuation models (AVMs), which provide an electronically generated valuation of residential properties. He discussed how AVMs give appraisers the ability to expand their business through a diverse product mix, which offers quick, low-cost results with minimal risk.
"AVMs are becoming an increasingly important technology for appraisers to have in their arsenals," said Kirchmeyer. "As lenders continue to recognize that AVMs offer cost-effective, accurate results, appraisers will acknowledge how these tools lead to efficiency and profitability."
The panel also included Steve Conlin, vice president and manager of risk assessment standards, HomeFocus Valuation Services; Lee Kennedy, vice president of American Reporting Company; and Vicky Cassens-Zillioux, managing director of Strategic Development Worldwide.
Real Info, Inc., headquartered in Buffalo, N.Y., provides automated property valuations to home equity lenders, credit unions, and real estate professionals. The automated valuation model (AVM) services allow clients to streamline the appraisal process with cost-effective, accurate, and time-saving solutions. Real Info uses its proprietary Internet delivery technology to provide searchable real estate data on over 85 million parcels across the United States through its realAccess™ subscription service. Real Info is a partner company of Kirchmeyer & Associates, a full-service, traditional appraisal company
FNC, Inc. is providing collateral infrastructure to the U.S. real estate loan sector. The company's target markets are real estate lending institutions, government agencies, vendor-management firms, mortgage servicing companies and service providers, including appraisal, flood, title, inspection and environmental engineering companies.
For more information, visit www.real-info.com or call (716) 558-2800.
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