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Industry News

FNF Canada News, Industry News

FNF Canada and Municipal Property Assessment Corporation Launch New Neighbourhood Profile Product

PICKERING, ON, March 1, 2017—FNF Canada and the Municipal Property Assessment Corporation (MPAC) announced their joint collaboration on a new collateral intelligence product that will assist lenders and mortgage insurers estimate the current value of properties within their real estate portfolio. The new Neighbourhood Profile Report is a part of FNF Canada’s suite of portfolio collateral products that provide a cost effective way to monitor and measure their real estate portfolio. “FNF Canada is excited to work with MPAC on this new and exciting data product for our real estate partners,” said Brian Bell, Senior Vice President of Innovation & Data Solutions at FNF Canada. “FNF Canada continues to demonstrate our ability to develop data products that assist our partners with marketing tools and risk management opportunities. In doing so, FNF Canada has set a new standard in collateral management in the marketplace.” “The newly created neighbourhood profiling product leverages MPAC’s robust database, creating reports that will assist lenders in making well-informed decisions regarding property value risk. These products will provide additional intelligence into lender decisions surrounding the valuation method used to validate property values in the most efficient and cost-effective way,” Bell said. Together, MPAC and FNF Canada have responded to demand from the lending community to create innovative tools to assist in mitigating risk, making informed underwriting decisions, and increased overall efficiency and productivity during the collateral valuation cycle. “MPAC is looking forward to the launch of this new product, as well as another exciting new offering in the next 60 days. The property-specific and neighbourhood intelligence provided in these reports, is really unlike any other in the industry. Lenders will benefit from understanding how a property of interest aligns to the surrounding marketplace” said Chris Fusco, MPAC’s Director of Real Estate and Strategic Accounts, Business Development. “MPAC is pleased to support FNF Canada in demonstrating how big data, leveraging MPAC’s industry leading property database, can create efficiencies and mitigate risk within the lending community,” said Fusco. To learn more about the Neighbourhood Profile Report, contact a FNF sales representative.   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 Canada 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 About MPAC 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. Contacts    FNF Canada Media Craig Goom, Director, Marketing and Communications 289-562-0088, ext. 24184 cgoom@fnf.ca   Business Development Brian Bell Senior Vice President, Innovation & Data Solutions bbell@fnf.ca   Municipal Property Assessment Corporation Media Cathy Ranieri Sweenie Director, Public Affairs cathy.ranieri-sweenie@mpac.ca   Business Development 1-877-671-6722 propertyline@mpac.ca...

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01 March
FNF Canada News, Industry News

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. Contacts FNF Canada Media  Craig Goom Director, Marketing and Communications cgoom@fnf.ca Business Development Brian Bell Senior Vice President, Innovation & Data Solutions bbell@fnf.ca Municipal Property Assessment Corporation Media  Cathy Ranieri Sweenie Director, Public Affairs cathy.ranieri-sweenie@mpac.ca Business Development 1-877-671-6722 propertyline@mpac.ca...

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15 September
FNF Canada News, Industry News

FNF Canada and MPAC Launching a Promotional Offering for Ontario Appraisers

PICKERING, ON, May 11, 2016—FNF Canada and MPAC, are pleased to announce the launch of a promotional offering on the Subject Property Detail Report. “FNF Canada is pleased to continue to work in partnership with MPAC to deliver innovative solutions for Appraisers. Our promotional pricing for detailed property reports demonstrates FNF`s continued commitment to supporting and working in partnership with the appraisal industry,” commented Brian Bell, Vice President of Product Development at FNF Canada.   “MPAC is pleased to be able to make this offer for a limited time to real estate appraisers across Ontario,” said Lee Taylor, Executive Director of Business Development. “With access to this residential property data at a reduced fee, we hope real estate appraisers take advantage of the price break and it’s advantageous for their business.”   FNF Canada continues to work with appraisal industry partners to create economical and efficient ways to meet the property data needs of appraisers across the province. The Subject Property Detail Report was created to provide appraisers with convenient access to pertinent residential property details, including Teranet land registry data and MPAC property assessment records through a single source. The benefits of the report include: Three-year sales history Square footage information for all levels of the primary structure Current Value Assessment with Property Tax Estimate Garage and Secondary Structure Details   During this limited-time offer period, feedback from our appraisal industry partners will help to ensure the Subject Property Detail Report meets the needs of appraisers, and create a reliable and cost-effective data solution for their business needs. Please send any comments or feedback to us at propertyline@fnf.ca – we look forward to hearing from you.        For more information on how you can take advantage of this opportunity, please visit: http://www.fnf.ca/propertyline Contacts Media Enquiries Cathy Ranieri Sweenie Director, Public Affairs cathy.ranieri-sweenie@mpac.ca   Darlene Rich Media Relations Specialist darlene.rich@mpac.ca   Business Development Enquiries 1 866 296-MPAC (6722) TTY 1 877 889-MPAC (6722)   About MPAC 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. Every four years MPAC conducts a province-wide assessment update to determine the Current Value Assessment for all properties which municipalities use to set property tax rates. For more information about MPAC and the full Property Assessment Notice mailing schedule visit mpac.ca   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   Source: Business Wire - http://www.businesswire.com/news/home/20160516006111/en/...

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17 May