OAKVILLE, Ontario--(BUSINESS WIRE)--FCT† and Nationwide Appraisal Services (“NAS”) are pleased to announce their strategic alliance formalizing the 10-year relationship between FCT and NAS. Through this alliance, customers will benefit from a seamless process that will deliver an efficient, low cost, end-to-end solution that extends between valuation and closing services.
The FCT group includes Canada’s leading provider of title and valuation insurance and real estate-related products and services. The FCT group has offered efficient and pre-eminent protection to its clients for over 20 years through its unmatched underwriting and processing expertise, backed by financial strength and stability.
NAS is Canada’s leader in valuation services, offering superior technology and customer service to 4 of Canada’s 5 major banks, all 3 mortgage insurers and over 40 other lender customers. With access to Canada’s largest appraisal network, NAS has Canada’s most experienced and trusted network.
“By listening to our customers and responding to their needs, we believe this fully integrated solution will result in faster mortgage approvals and efficient closing processes for lenders, mortgage professionals and consumers in the refinance mortgage market,” said Daniela DeTommaso, Vice President Lender Services, FCT.
“Our mandate is to ensure an uninterrupted, cost effective and risk adverse valuation process, allowing our clients more time to focus on their customers. This partnership helps NAS achieve those goals,” said Craig Rowsell, Executive Vice President, NAS.
About FCT
Founded in 1991, the FCT group of companies are
based in Oakville, Ontario and have over 800 employees across the
country. The group provides industry-leading title insurance, default
solutions and other real-estate-related products and services to more
than 300 lenders, 15,000 legal professionals and 5,000 recovery
professionals, as well as real estate agents, mortgage brokers and
builders, nationwide. For more information on FCT, please visit the
company website at www.fct.ca.
FCT has been recognized as one of the 50 most engaged workplaces in Canada in 2012 by Achievers.
†The FCT group of companies includes FCT Insurance Company Ltd. which provides title and valuation insurance, with the exception of commercial title policies, which are provided by the Canadian branch of First American Title Insurance Company. Services are provided by First Canadian Title Company Limited.
About NAS (Nationwide Appraisal Services Inc.)
NAS
(Nationwide Appraisal Services) provides its lenders with leading edge
technology and a customizable valuation solution; to improve overall
operational effectiveness while supporting their overall risk management
and providing high quality Appraisal Management. Established in 1996 as
Canada’s first Appraisal Management Company (AMC), NAS continues to
prevail through industry-leading technology and superior customer
service to be the country’s preferred source for real estate valuations.
Since inception, NAS has been fulfilling full service, drive-by and desktop appraisals cross Canada. NAS continues to develop new technology with a focus on innovation, efficiencies, quality customer service and enhanced risk management. NAS works with Canada’s most experienced and most trusted appraiser network. This, combined with superior technology and industry expertise, allows users to seamlessly connect to collateral valuation services anywhere in Canada.
The NAS platform is utilized by over 40 lenders and insurers including four of Canada's five major banks. The success of NAS is defined by our customized technology, dedicated customer service and the quality and professionalism of Canada's largest network of independent Appraisers.
For more information about NAS visit www.nationwideappraisals.com.
