Fiserv Units Form Valuation Division

Fiserv Integrated Loan Services, Rocky Hill, Conn., has announced the formation of a valuation services division through the merger of its own valuation services with those of two other Fiserv companies: Case Shiller Weiss and Lenders Financial Services.The division, ILS Valuation Services, will be managed by Walter Morgan, who will be the organization's executive vice president. CSW, based in Cambridge, Mass., is a developer of home price indices and of CASA, an automated valuation model and collateral scoring system. LFS, based in Agoura Hills, Calif., is a provider of broker price opinions, fee appraisals, title services, property inspections, and related services. Fiserv Integrated Loan Services is a unit of Fiserv Lending Solutions. Fiserv can be found on the Web at http://www.fiserv.com.

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