SouthBanc Mortgage has selected the Platinum Data cascading automated valuation platform as a cost-saving tool for delivering property valuation reports.Herndon, Va.-based SouthBanc Mortgage is a subsidiary of SouthBank, a federal savings bank headquartered in Huntsville, Ala. SouthBanc Mortgage comprises 80 loan officers and originates various residential loan products throughout the United States. Platinum Data Solutions offers a configurable AVM platform that enables SouthBanc users to quickly reference previously ordered AVMs for any properties within their account. Platinum Data can be found online at http://www.platdata.com.

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