SMI Unveils New AVM Tool

Stewart Mortgage Information, Houston, has launched Collateral Profile, an alternative real valuation product available through e-Title, SMI's national vendor management company.The new valuation tool uses the expertise of local real estate professionals in conjunction with online data sources to render a valuation. "The product analyzes data from three comparable data sources and generates a desktop report providing basic information on the subject property, including neighborhood conditions, and also provides a value range for the subject property," said Kevin Gugenheim, SMI's president and chief operating officer. E-Title offers settlement services to lenders, including insured and uninsured title products, centralized closing and settlement solutions, and automated and traditional valuation products. SMI can be found online at http://smi.stewart.com.