JVI, FNC Form Alliance

Just Valuation Inc., Altamonte Springs, Fla., and FNC Inc., Oxford, Miss., have announced a strategic alliance that will make JVI's residential appraisal and inspection services available through FNC's CMS collateral information management system.FNC's CMS is an origination decisioning system. JVI itself uses the CMS to manage appraisal and inspection orders, tracking, and delivery among its network of vendors. Through the alliance, other FNC CMS clients will be able to use their systems to order services from JVI. JVI (the majority partner of Southeast Alliance) has more than five years' experience as a management and marketing contractor for the Department of Housing and Urban Development's real-estate-owned inventory for Florida, Puerto Rico, and the U.S. Virgin Islands, as well as HUD REO appraisal oversight for 24 additional states. FNC is a collateral information management company that speeds loan decisions by converting paper to data. It can be found on the Web at http://www.fncinc.com.