FNC Inc., Oxford, Miss., has signed a three-year deal with credit and debit card processing firm Elavon, a wholly owned subsidiary of US Bancorp. The appraisal management company said the agreement is to help its customers comply with the Home Valuation Code of Conduct. Under HVCC, mortgage brokers can no longer pay for appraisals directly. Lender clients can pay for appraisals through the dashboard of FNC's Collateral Management System as a result of the agreement, the company said.
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