Cendant to Use BCE Emergis Appraisal Tool

Cendant Settlement Services Group, a subsidiary of Cendant Corp. based in Moorestown, N.J., has signed up to use BCE Emergis' Emergis Vendor Services Exchange to conduct appraisal transactions electronically.BCE, Montréal, Québec, will develop a customized integration with Cendant's proprietary ordering system, enabling Cendant's mortgage originators and over 2,500 appraisers to connect online to place, receive, and manage the status of appraisal orders in a standardized format. BCE will also provide Cendant access to automated appraisal review engines that will improve error identification and enhance quality control. Cendant can be found on the Web at http://www.cendant.com/media, and BCE can be found at http://www.emergis.com.

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