TransUnion Introduces Two Options of Desktop Valuations

TransUnion Introduces Two Options of Desktop

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TransUnion Introduces Two Options of Desktop Valuations

TransUnion Settlement Solutions today announced at the Consumer Banker's Association Home Equity Lending Conference the availability of Desktop Valuations, its semi-automated collateral valuation solution that uses a statistical model in conjunction with the expertise of a real estate professional. The offering further complements TransUnion's existing suite of residential property valuation solutions.

TransUnion Desktop Valuations are available nationwide and include a manual review by either a certified appraiser or valuation analyst to help identify the best comparables to return the most accurate value possible. Along with the expert review, TransUnion Desktop Valuations also give lenders access to additional data sources to insure the latest property attributes are used.

"With Desktop Valuations, we provide lenders with a robust property valuation without eliminating the convenience of automated valuation technology," said Bill Sullivan, senior vice president of Sales and Marketing for TransUnion Settlement Solutions. "The solutions answer the industry's call for added authentication to support automated valuations, without hindering the efficiencies associated with the technology."

TransUnion Desktop Valuations can be ordered to include a map of the subject property and identified comparables. While Desktop Valuations are not licensed appraisal products, they are quickly becoming widely used in the industry.

"This offering is directly aligned with our commitment to being a full service, solutions provider and complements our other real estate settlement services," added Sullivan.

TransUnion has licensed appraisers on staff throughout the nation. Please refer to your sales representative for a listing of those states, or for more information call 1-888-299-8787.

About TransUnion

TransUnion is a leading global information solutions company that customers trust as a business intelligence partner and commerce facilitator. TransUnion offers a broad range of financial products and services that enable customers to manage risk and capitalize on market opportunities. The company uses leading-edge technology coupled with extensive analytical capabilities to combat fraud and facilitate credit transactions between businesses and consumers across multiple markets. Founded in 1968, Chicago-based TransUnion employs 4,100 associates that support clients in 29 countries. For more information, visit www.transunion.com.

TransUnion delivers its real estate settlement services through its subsidiary, TransUnion Settlement Solutions, a premier provider of best-in-class information and process management solutions to the residential lending industry. For more information about TransUnion Settlement Solutions, visit www.transunionssi.com or call 1-888-299-8787.

Source: 10/16/2004 10/16/2004 410_007
Company: TransUnion
Contact: Allison Smith , Phone: 678-781-7216

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