GMAC-Residential Funding Corp., Minneapolis, has entered into an agreement to use Toronto-basedBasis100 Inc.'s Solimar Valuation Technology. GMAC-RFC, an equity investor inBasis100, will employ the Solimar technology as one of its automated valuation model vendors to secure automatedproperty valuations for loan purchase decisions and for enhanced appraisal diligence. Solimar Valuation Technologyprovides an estimated value for a specific residential property in real time, via the Internet. The companies'website addresses are http://www.basis100.com and http://www.gmacrfc.com.
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