NAS Joins RELNKS, the New “Best-in-Class” Platform Connecting Real Estate’s Top Industry Professionals  

Markham, ON, October 27, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), is happy to announce that it has been added to RELNKS, the all-in-one homeownership platform.

Up until now, appraisal communication has always been between NAS and the Appraiser and Broker. NAS is now very excited to share the appraisal process with the mortgage applicant for Broker ordered appraisals through our integration with RELNKS.

“NAS continues to break barriers in the lending industry through innovation and by giving insight into the appraisal process," says Tom McCormick, President & CEO of NAS. “By becoming an added partner of the RELNKS platform, we are helping to facilitate a transparent and seamless process for everyone involved in the real estate transaction and ultimately facilitating a better experience for everyone involved through RELNKS."

About NAS

Nationwide Appraisal Services (NAS) was established in 1996 and is Canada’s leading Appraisal Management Company. NAS has consistently provided innovative, customizable software solutions designed for the mortgage industry. With Canada’s largest network of Real Estate Appraisers and superior customer service, NAS does more business than all of its Canadian competitors combined. Working closely with mortgage industry leaders in 23 countries and having managed over 9 million appraisals globally, NAS has pioneered the way the mortgage industry does business today and will continue to help to shape its future. For more information, www.nationwideappraisals.com.

About RELNKS

Linking together homebuyers, real estate agents, lenders, mortgage professionals and home service providers, RELNKS helps simplify and modernize homeownership for buyers and industry professionals. RELNKS is a support system for homebuyers that centralizes the services they need to complete their move while reducing stress and creating a less stressful experience from start to finish. The platform helps real estate professionals achieve more in less time with its intuitive interface and the assistance it provides clients, while giving local businesses an additional stage to showcase their services. For more information www.RELNKS.com.

Press Contact

For all media inquires, please contact NAS Marketing at nasmarketing@tngoc.com

NAS Streamlines Appraisal Fee Structure for Brokers

Markham, ON, October 13, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), is excited to announce that we have enhanced our Broker Portal with a new appraisal fee structure that will help Brokers better set appraisal cost expectations with their clients.

It is standard in the industry that appraisal costs increase when there are added complexities to properly valuing the property, such as when the property is waterfront, resides on acreage or is executive for the area. Additional fees from appraisers should not have to impact the end client by delaying the process or requiring another payment. Now that the NAS Broker Portal has been enhanced to support complexity questions, NAS can provide an upfront price to Brokers and their clients and avoid additional steps in the payment process.

“NAS understands that it can be frustrating for Brokers and their clients when appraisal costs change or delay the process," says Ainsley Major, VP Operations. “In response to these concerns, NAS has updated the Broker Portal to include common complexity questions, so appraisal pricing is better determined upfront. We are confident this needed change will improve the NAS appraisal experience for the Broker community."

About NAS

Nationwide Appraisal Services (NAS) was established in 1996 and is Canada’s leading Appraisal Management Company. NAS has consistently provided innovative, customizable software solutions designed for the mortgage industry. With Canada’s largest network of Real Estate Appraisers and superior customer service, NAS does more business than all of its Canadian competitors combined. Working closely with mortgage industry leaders in 23 countries and having managed over 9 million appraisals globally, NAS has pioneered the way the mortgage industry does business today and will continue to help to shape its future. For more information, www.nationwideappraisals.com.

To find out more about the NAS insured appraisal product line, contact NAS at sales@nationwideappraisals.com.

Press Contact

For all media inquires, please contact NAS Marketing at nasmarketing@tngoc.com

NAS Introduces Insured Modified Full Appraisals

Markham, ON, October 6, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), is excited to announce that we have extended our insured appraisal product line (insured Desktop, Drive-by and AVM appraisal products) with the new addition of the Insured Modified Full Appraisal product.

The “Modified Full Appraisal” was adopted during the COVID-19 pandemic for the health and safety of both homeowners and Appraisers. A Modified Full Appraisal allows an Appraiser to complete a full appraisal with inspection limitations by engaging the homeowner through various means for interior photos and leveraging local data sources. In response, NAS developed the NAS360 Virtual Inspection Tool to streamline the process for exchanging photos and information. NAS is now offering an Insured Modified Full Appraisal product to financial institutions that are looking to further mitigate their risk.

“NAS is very quick to respond to the needs of the appraisal community through continuous communication and development of new, innovative solutions,” says Tom McCormick, President & CEO of NAS. “Now that the Modified Full Appraisal and the NAS360 Virtual Inspection Tool have been successfully vetted and accepted, adding the Insured Modified Full Appraisal product to our insured appraisal product line further demonstrates our commitment to our clients."

About NAS

Nationwide Appraisal Services (NAS) was established in 1996 and is Canada’s leading Appraisal Management Company. NAS has consistently provided innovative, customizable software solutions designed for the mortgage industry. With Canada’s largest network of Real Estate Appraisers and superior customer service, NAS does more business than all of its Canadian competitors combined. Working closely with mortgage industry leaders in 23 countries and having managed over 9 million appraisals globally, NAS has pioneered the way the mortgage industry does business today and will continue to help to shape its future. For more information, www.nationwideappraisals.com.

To find out more about the NAS insured appraisal product line, contact NAS at sales@nationwideappraisals.com.

Press Contact

For all media inquires, please contact NAS Marketing at nasmarketing@tngoc.com

RELNKS Expands Its Services to the Greater Vancouver Area

September 21, 2020 — The innovative real estate platform, RELNKS, is excited to announce its official expansion into the Greater Vancouver Area (GVA). Homebuyers, real estate professionals and home service providers in the region can now create their free account and join the growing ecosystem built to make homeownership a simpler process.

After a successful pilot launch in Ontario, RELNKS will be providing homebuyers in the GVA with quick and easy access to the services they need at every step of the homebuying process, all in one place. Residents will find all the same reliable functionality, guides and tips that Ontario users have access to, with geographically relevant links to trusted real estate professionals and service providers in their area. The platform provides a new avenue for GVA real estate professionals to connect with their clients and help guide their process with transparency and efficiency.

“We are thrilled to be bringing our services and network to the Greater Vancouver Area, helping to make homebuying simpler for homebuyers and professionals on the west coast,” said Tom McCormick, President and CEO of RELNKS and The Nationwide Group. “As one of the great, iconic cities in Canada, Vancouver is a perfect fit for our first area of expansion as a brand. We believe we can make a great impact for local professionals and homebuyers just as we are doing in Ontario, and we will continue to demonstrate that homebuying can be less stressful for everyone involved."

RELNKS is now fully available to the public in the Greater Vancouver Area.

About RELNKS

Linking together homebuyers, real estate agents, lenders, mortgage professionals and home service providers, RELNKS helps simplify and modernize homeownership for buyers and industry professionals. RELNKS is a support system for homebuyers that centralizes the services they need to complete their move while reducing stress and creating a less stressful experience from start to finish. The platform helps real estate professionals achieve more in less time with its intuitive interface and the assistance it provides clients, while giving local businesses an additional stage to showcase their services.

Press Contact

Marketing@RELNKS.com

NAS Announces Integration with Filogix

Markham, ON, July 13, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), is excited to announce a partnered integration with Filogix, a Finastra Company.

The integration with the Filogix Expert Marketplace makes it easier than ever before for brokers to order, manage and view appraisals. Brokers will benefit from added efficiencies when placing appraisal requests, saving the time and effort required to rekey information and making it easier to access easily accessing the new NAS broker pricing model.

“NAS is committed to seeking out strategic partnerships that will benefit NAS platform users,” says Tom McCormick, President & CEO of NAS. “Therefore, with the integration between NAS and the Filogix Expert Maketplace, we saw an unprecedented opportunity to better service our broker community by seamlessly incorporating our appraisal management services into the Filogix Expert Marketplace."

Tim Rye, Vice President, Filogix is pleased to welcome NAS as the newest member of the Filogix Mortgage Marketplace. “As part of our commitment to open banking, we continue to expand our Marketplace to include more partners and provide more choice for our broker and lender network, along a seamless, secure and efficient path. NAS is a great partner to work with, providing a complete appraisal management system with innovative, customizable software solutions, that can now be accessed directly from Filogix Expert."

About NAS

Nationwide Appraisal Services (NAS) was established in 1996 and is Canada’s leading Appraisal Management Company. NAS has consistently provided innovative, customizable software solutions designed for the mortgage industry. With Canada’s largest network of Real Estate Appraisers and superior customer service, NAS does more business than all of its Canadian competitors combined. Working closely with mortgage industry leaders in 23 countries and having managed over 9 million appraisals globally, NAS has pioneered the way the mortgage industry does business today and will continue to help to shape its future. For more information, visit www.nationwideappraisals.com.

About Filogix

Filogix, a Finastra Company, has served as the hub of the Canadian mortgage industry for almost two decades, offering secure, reliable connectivity to brokers and lenders. It provides trusted mortgage lending software solutions that enable the effective management of the sales process from origination through underwriting. Filogix’s open platform allows mortgage professionals to submit mortgage deals to the Filogix Lender network from their choice of front-end systems, and for lenders to receive applications regardless of the broker’s platform of choice. To learn more about Filogix click here.

To find out more about the NAS integration with the Filogix Expert Marketplace, contact NAS at sales@nationwideappraisals.com.

Press Contact

For all media inquires, please contact NAS Marketing at nasmarketing@tngoc.com.

Connexions Releases Predicted Delivery (PD) For Targeted Appraisal Forecasting

July 06, 2020 — Connexions, an Appraisal Management platform that delivers best-in-class automation, reporting, data analytics and integration to real estate valuations, is excited to announce the release of our new Predicted Delivery (PD) feature.

As Connexions has always outperformed our competitors in innovation and service, our latest innovative feature is PD, designed to forecast the delivery date of an appraisal based on the appraiser matrix and predetermined turnaround times within a geographical region.

What does this mean for you?

You will now immediately be provided with an expectation of when the appraisal report will be completed, allowing you to set timelines and guidance around your clients' closings.

“Lenders, AMCs and Brokers choose Connexions to automate and gain better insights into their appraisal management process,” says Tom McCormick, President & CEO of Connexions. “We accomplish this by customizing Connexions to complement our client’s appraisal management workflows, providing comprehensive reporting capabilities and now PD adds an extra level of transparency by providing the average turnaround time for a location and appraisal product that results in better expectation setting.”

To find out how Connexions and the new Predicted Delivery feature can help you manage and gain better insight into your appraisal management process, contact Connexions at Sales@GetCNX.com.

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.GetConnexions.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Connexions Launches its Intelligent Valuation Portal (IVP) and CNX360

May 20, 2020 — Connexions has introduced two new “intelligent” solutions to help streamline the valuation process for the mortgage industry while reducing the need for in-person inspections. The Intelligent Valuation Portal (IVP) allows optimized decisions in a decisive manner saving an impressive amount of time and money. They have also launched the CNX360 Virtual Inspection tool, ensuring the safety of all parties when conducting full-service appraisals.

Efficiency, Stability and Responsibility in your Valuations

The IVP is a platform that systematically directs appraisal requests to the most appropriate, optimized service type based on GSE requirements, the lender’s custom rules and investors requirements. The IVP analyzes customer, loan and property information to make the best decisions without cutting corners. Lenders will reduce costs and save time on the distribution of their resources for real estate appraisals. Some of the core benefits of using the IVP:

  • Faster turnaround time means a significantly improved client experience and greater ROI.
  • Control costs by avoiding unnecessary full-service appraisals.
  • Ensure the safety of all parties involved where new restrictions and risks may be in place.
  • Ensure the safety of all parties involved where new restrictions and risks may be in place.
  • Detailed reporting and property information.

When full-service appraisals are still required, Connexions provides the CNX360 Virtual Inspection Tool within the portal to keep the valuation virtual whenever possible. Appraisers have the option to send a virtual inspection link to homeowners, who can complete a 15-minute virtual tour of their home and provide the necessary information. Utilizing CNX360 allows Appraisers to reduce the number of in-person inspections even during fluctuating regulations, saving time and ensuring the safety of those involved.

“We want to allow stakeholders to resume their operations as quickly and responsibly as possible. We want to do our part to help our industry,” said Tom McCormick, President and CEO of Connexions. “Together, our IVP and the CNX360 Virtual Inspection tool make an incredible difference in reducing orders for in-person valuations and modernizes valuation practices. We are reducing risks where possible while also improving the efficiency of day-to-day business.”

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.connexionssoftware.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Connexions Launches New Black KnightTM Exchange Integration

JACKSONVILLE, FLORIDA, April 13, 2020 — Connexions has launched a Black KnightTM Exchange (formerly RealEC) integration, teaming up with the largest, interconnected network of mortgage and real estate service providers in the U.S.A. Most notably for both current and prospective clients of Connexions, this new integration provides access to Black Knight's leading Loan Origination System (LOS), Empower.

The Empower LOS will enable clients to receive documents and data with faster turnaround time and a streamlined process. Lenders using the system will now be able to directly submit orders into Connexions' appraisal management platform. For appraisal management companies, this integration will mean seamlessly receiving orders from lenders using Empower.

Black Knight’s Exchange system holds a leading position in the market by eliminating costly connections to individual providers, offering online accessibility, and decreasing turnaround time with centralized order management.

“We are constantly working to Implement ways to further satisfy client needs and automate or simplify the processes within the mortgage lifecycle," said Tom McCormick, President & CEO, Connexions. "By integrating with the Black Knight Exchange platform, Connexions expands our onboarding capabilities and provides clients with more efficient loan origination practices.”

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.connexionssoftware.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Connexions Announces Integration with the Mortgage Director Platform

JACKSONVILLE, FLORIDA, April 8, 2020 — Connexions is excited to announce a new integration with the Mortgage Director LOS, including the point-of-sale Broker Portal. Owned by Fiserv, the Mortgage Director platform is a leading provider of loan origination, mortgage loan application, and data security solutions for the mortgage sector. This new integration with Mortgage Director’s loan origination software will allow lenders and brokers to directly submit orders to the Connexions platform.

The Mortgage Director loan origination software makes the lending experience seamless for lenders by offering point-of-sale applications, modern interface systems, automated underwriting options, as well as marketing data tools. Connexions’ integration with their software will mean a more efficient mortgage lifecycle for the lenders in our ecosystem.

“Continuously evolving client expectations demand automation of manual tasks throughout the complete mortgage process," said Tom McCormick, President & CEO, Connexions. "By integrating with Mortgage Director’s platform, we want to ensure that our clients are able to complete their loan origination processes with ease.”

Mortgage Director’s loan origination software holds a distinctive position in the market because of its web-based, user-friendly interface that is integrated with the software solution of many leading vendors in the mortgage industry.

About Connexions

Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.connexionssoftware.com.

Press Contact

ContactUs@GetCNX.com
1-844-259-8599

Nationwide Appraisal Services releases the new Appraiser Enhanced AVM

MARKHAM, ON, January 20, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), today announced the release of Appraiser Enhanced AVM — a new service type that will help our clients diversify their valuation product mix to help improve turnaround times and reduce appraisal costs.

By enabling this new product, our clients can benefit from the knowledge of a certified appraiser to review the valuation from a traditional Automated Valuation Model (AVM). NAS works in partnership with all four AVM providers in Canada to offer this service through our Intelligent Valuation Portal (IVP). The NAS Appraiser Enhanced AVM will help our clients maximize the use of their AVMs with the extra assurance of an appraisal review. NAS is also pleased to offer insurance on these AVM valuations as an added option.

“The launch of the Appraiser Enhanced AVM along with the Insured AVM will bolster our commitment to provide faster delivery with an emphasis on risk mitigation,” said Tom McCormick, President & CEO, Nationwide Appraisal Services. With this release, NAS makes another effort to offer a solution that would help its clients meet their deadlines and save on the cost of appraisals while mitigating risk.

About Nationwide Appraisal Services

Nationwide Appraisal Services (NAS) is Canada’s premier appraisal management company and the most comprehensive source for real estate valuations. Established in 1996, NAS is a pioneer in the mortgage industry creating Canada’s first cloud-based valuations platform and providing innovation and experience that has significantly enhanced the industry. The company’s customizable solutions integrate lender-specific business rules throughout the valuation process, creating a consistent standard of lending criteria that simplifies the process for both lenders and mortgage brokers. NAS currently operates in 21 countries, including Canada, the United States, Mexico and numerous countries throughout Latin America, and is continually seeking expansion.

Nationwide Appraisal Services now offering Commercial Bidding capabilities on Canada's industry-leading appraisal management platform

December 4, 2019 — Nationwide Appraisal Services (NAS), Canada’s largest real estate appraisal management company and a leading technology provider to lenders and appraisers is excited to announce the release of our new Commercial Appraisal Management capabilities.

NAS has offered a Commercial appraisal product for many years. We’ve now enhanced the NAS platform with a robust Commercial Appraisal Management workflow that will streamline the Commercial appraisal process by automating:

  • The collection of bids from potential appraisers for commercial requests.
  • The selection of Appraisers that will be included in the bidding process using familiar NAS metrics that include performance, location, availability, etc.
  • The ability for Lenders to review all the submitted bids and turnaround times before assigning the appraisal to an Appraiser.
  • Accelerate the commercial, asset and environmental valuation process under one portfolio.

“We are excited to provide a Commercial Appraisal Management solution that makes it easy for Lenders to submit their orders, gather quotes from their panel of trusted vendors, communicate on orders, and report on appraisal stats,” says Tom McCormick, President & CEO of Nationwide Appraisal Services. “By providing this added functionality in the Nationwide Appraisal Services platform, we are letting our current and future customers know that we are listening to your requests and building in new and better workflows to make your appraisal process easier and faster.”

Connexions adds commercial capabilities to its robust appraisal management platform

August 15, 2019 — Connexions, an Appraisal Management platform that delivers best-in-class automation, reporting, data analytics and integration to real estate valuations, is excited to announce the release of our new Commercial Appraisal Management capabilities.

Building on many years of experience developing our Residential Appraisal Management capabilities for lenders, AMCs, and appraisers, Connexions has heard and responded to the request of many of our users to add Commercial capabilities.

Connexions streamlines the Commercial Appraisal process in a variety of ways. For example, just getting orders entered can be cumbersome, involving multiple emails or spreadsheets. Connexions makes it simple for lenders to enter appraisal requests as part of a Portfolio or as individual properties. The system also automates the quote gathering process by suggesting vendors by product and property type. Once orders are assigned, Connexions makes tracking, communicating, and reporting on Commercial assignments a snap.

“We are thrilled to provide a Commercial Appraisal Management solution that makes it easy for lenders to submit their orders, gather quotes from their panel of trusted vendors, communicate on orders, and report on performance stats,” says Tom McCormick, President & CEO of Connexions. “By providing this added functionality in the Connexions platform, we are sending a message to our current and future customers that we are listening to your requests and building in new and better processes to make your appraisal process easier and faster.”

The Connexions Commercial Appraisal Management capabilities that are included in this first release contain a simple order process, flexible vendor management tools and an easy-to-use Vendor Quote system that will reduce the time and energy you are currently spending to manage your Commercial appraisal requests.

Request a Demo.

NAS announces the new Appraiser Mentorship Program

MARKHAM, ON, July 5, 2019 — Nationwide Appraisal Services (NAS), Canada’s largest real estate appraisal management company has long been at work expanding its appraiser initiatives. NAS is proud to introduce our groundbreaking Appraiser Mentorship Program.

The Appraiser Mentorship Program will provide lucrative compensation to experienced real estate appraisers to onboard and train candidate appraisers that are new to the industry.

"With an aging industry, we see the need to introduce new appraisers to the field and believe the best opportunity for success is to ask our extensive network of proven appraisers to proactively onboard, train, and develop new appraisers,” said Tom McCormick, President and CEO, The Nationwide Group of Companies. “Introducing new Appraisers to the market is instrumental in the success and future of the real estate appraisal industry. The Appraiser Mentorship Program is just one of the ways NAS is ensuring the future of the real estate appraisal industry."

In addition to this program, NAS continues to offer My Appraisal Portal (MAP) at no additional cost to appraisers. MAP allows an appraiser to access the data that resides within their personal NAS profile for appraisals that originate outside of the NAS platform. This management tool consolidates appraisals in one location and promotes efficiencies and cost-saving benefits within appraiser offices. NAS has also released a newly designed mobile app that makes is possible for appraisers to work while they’re on the go so they can always stay on top of their requests, whether they are on or offline.

To learn more about or register for the NAS Appraiser Mentorship Program, email NAS at Appraisers@NationwideAppraisals.com.

The NAS Mobile App continues to revolutionize the mortgage industry

MARKHAM, ON, March 7, 2019 — Nationwide Appraisal Services (NAS), Canada’s largest real estate appraisal management company and a leading technology provider to lenders and appraisers, has long been at work expanding its technology suite. As part of the development of its industry-leading platforms, the company has also led the way building the most advanced mobile experience.

As an advocate for increasing the use of technology in the real estate valuation space, the NAS Mobile App is helping to increase the quality and accuracy of the overall experience for appraisers and lenders alike.

"As the use of technology increases, new standards are constantly being set, so staying on top of those advancements in our industry is paramount," said Tom McCormick, President and CEO, The Nationwide Group of Companies. "The NAS Mobile App, designed to complement the industry-leading cloud-based platform, was engineered to bring simplicity and measurable reductions to the overall process. We want to help our clients decrease turnaround times, increase the quality of reports, and provide the ability for better collaboration and communication between stakeholders. Users want to achieve greater efficiencies and provide their clients with accurate valuations, so mobile connectivity is not only the reality, it’s a necessity."

Mr. McCormick continues: "Our focus and investments in mobile app development over the years is driven by our years of experience and innovations. We understand the great potential for real estate technology, so we’re designing tools that will better serve the new generation of savvy appraisal professionals."

Loaded with features and supported by exceptional technical support and customer service, the NAS Mobile App has become a necessity for the modern, increasingly mobile generation of appraisal professional.

There are numerous features and benefits essential for all stakeholders:

  • Easy-to-navigate dashboard and integrated search tools.
  • Work better with Google Maps and calendar integrations.
  • Dynamic workflow capabilities.
  • Receive push alerts and communicate with others.
  • View all appraisal requests, reports, and documents.
  • Track all orders quickly and easily.
  • Set language preference, English or French.

Free to download, there are a slew of other essential tools and benefits that will allow lenders and appraisers to work better together and more efficiently.

Download the mobile app today.

Nationwide Appraisal Services expands its business relationship with Scotiabank to enter Panama

Panama City, Panama, May 29, 2018 — Nationwide Appraisal Services (NAS), a global Appraisal Management Company and leader of innovation and product offerings to the mortgage industry, expands its business offering to long-time client Scotiabank as it enters the Panama market.

Leveraging on the long-term relationship between NAS and Scotiabank in Canada and building on the business model used in the Caribbean, NAS and Scotiabank are once again paving the way to establish service standards of mortgage valuation, this time in Latin America.

"This is only the beginning of our expansion in Latin America with Scotiabank,” says Alberto Gonzalez, Executive Vice President for NAS in Latin America. “Wheels are already in motion to quickly replicate this initiative in other countries in the region."

NAS launches operations with Banco de Costa Rica

San José, Costa Rica, May 23, 2018 — Nationwide Appraisal Services (NAS) is pleased to announce launch of operations in Costa Rica with Banco de Costa Rica, the country’s second largest bank.

After a two-year vetting process through strict requirements from Banco de Costa Rica, NAS won the contract to perform mortgage valuations management for the second largest bank in Costa Rica. NAS is Costa Rica’s first AMC with the capability of functioning entirely in Spanish, and the only AMC possessing trilingual valuation forms with risk analysis.

“Banco de Costa Rica is the leader in banking technology in Costa Rica and there could not have been a better time for us at NAS to have entered into a working relationship with them and introduce our services in the Costa Rican market,” says Alberto Gonzalez, Executive Vice President for NAS in Latin America.

CMHC partners with NAS

Markham, Canada, June 22, 2018 — Nationwide Appraisal Services (NAS), a leading global appraisal management company, is pleased to announce that Canada Mortgage and Housing Corporation (CMHC) has selected NAS as one of its vendors, for a period of three years, from July 5, 2018 to July 4th 2021. NAS has a long-standing relationship with CMHC and is confident that the company’s wide network of appraisers will contribute to achieving great success.

Nationwide Appraisal Services (NAS), a leading global appraisal management company, announces today that Canada Mortgage and Housing Corporation (CMHC) has selected NAS as one of its vendors, for a period of three years, from July 5, 2018 to July 4th 2021 (with the possibility of two extensions of one year each). NAS has a long-standing relationship with CMHC and is confident that the company’s wide network of appraisers will contribute to achieving great success. NAS looks forward to the opportunity to deliver superior automation and optimization to CMHC.

About Canada Mortgage and Housing Corporation (CMHC):

CMHC helps Canadians meet their housing needs. As Canada’s authority on housing, CMHC contributes to the stability of the financial system, facilitate access for Canadians in housing need, and offer objective housing research and advice to governments, individuals and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC’s operations.

CMHC is a Crown corporation governed by a Board and responsible to Parliament through the Honourable Jean-Yves Duclos, MP.

About Nationwide Appraisal Services (NAS):

Nationwide Appraisal Services is Canada’s premier appraisal management company and the most comprehensive source for real estate valuations. Established in 1996, NAS is Canada’s first webbased valuations platform. NAS has been a pioneer in the mortgage industry and the company’s innovation and experience has significantly enhanced the way the industry operates today. NAS’ customizable solution integrates lender-specific business rules throughout the valuation process, creating a consistent standard of lending criteria that simplifies the process for both lenders and mortgage brokers.

Kind regards,

Éric-Vincent Kayigamba

Executive Vice President, International Sales

Nationwide Appraisal Services

eric.kayigamba@nationwideappraisals.com

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