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SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Fidelity National Financial's LSI Division Introduces New Appraisal Network Management Solution for Lenders

April 11, 2005

Jacksonville, Florida -- - LSI, a division of Fidelity National Financial, Inc. (NYSE:FNF) announced the formation of LSI APPTrack, a fee panel management solution. This new program will enable lenders to outsource the management and maintenance of independent fee appraisers, including ongoing monitoring of compliance adherence and performance information about each appraiser within their appraisal networks.

Lenders utilizing APPTrack can be assured they are in accordance with the Office of the Comptroller of the Currency (OCC) recommendations to keep the development and maintenance of an appraiser network separate from the loan production process. Also, this solution will eliminate the need for lenders to maintain these processes in-house, allowing them to focus their resources on other core competencies.

With the APPTrack solution, LSI electronically receives requests from lenders to add appraisers to their unique approved appraiser lists. Upon receipt of those requests, LSI asks for an approval package from the appraisers for review. When an approval package is received, LSI performs due diligence to ensure work samples meet industry guidelines; all references are contacted and interviewed; and any additional lender requirements are confirmed. Once the due diligence process is complete, LSI's APPTrack team establishes an approval or denial based on its administrative review and notifies both lender and appraiser of the results. Detailed information about all approved appraisers is entered into the lender specific appraiser database created by LSI.

To ensure ongoing compliance and risk mitigation, the LSI APPTrack program continuously monitors lender approved appraiser lists for updates and changes. As part of this process, regular notifications are sent to approved appraisers for license and certification expirations. APPTrack also conducts ongoing appraiser audits to reaffirm the quality of appraiser performance as requested by the lender. Additionally, monthly reports are sent informing lenders of ongoing activity within their individual appraisal networks.

Source: Fidelity National Financial

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American Land Title Association
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