No one understands real estate collateral better than FNC®, delivering deep expertise in appraisal compliance, workflow best practices, and process efficiency. FNC’s revolutionary technology also provides an enterprise system of decisioning tools for compliance, risk, and quality control.
The foundation of our flagship product, the Collateral Management System® (CMS®), is a compliance and appraisal workflow platform that automates vendor management, appraisal ordering, tracking, documentation, and review for lender compliance with OCC, OTS, Federal Reserve, FDIC, and other regulations. By processing more than 350,000 appraisals per month-representing 1.2 to 1.6 million property records-CMS has allowed the industry’s top mortgage lenders to realize compliance security, reduced costs, and more efficient loan production.
Combined with FNC’s collateral-focused data and analytics, CMS is an enterprise system that provides transparency into the property backing a loan from origination and servicing to capital markets-a solution unmatched in the industry.