FNIS offers one-stop shopping for instant lending decisions. (Technology).

FNIS, the nation's most comprehensive source for real estate-related technology, data, solutions and services, announced the availability of QuadMerge(TM) Value, a one-stop data source facilitating instantaneous lending decisions.

An industry first, QuadMerge(TM) Value combines consumer credit and property public record data with an automated property value within one convenient report. Available online in real-time via the Web, QuadMerge(TM) Value enhances lender efficiency and reduces mortgage origination-related expenses by providing a single integrated solution for borrower qualification. QuadMerge Value(TM) also provides a fast, low-cost solution for post origination, risk management and quality control use.

"In keeping with FNIS' single-minded strategy to streamline the mortgage origination process through innovation, QuadMerge(TM) Value offers lenders a single integrated solution for making informed decisions," sald FNIS CEO Patrick F. Stone.

QuadMerge(TM) Value bundles FNIS' proprietary QuadMerge(TM) Report, offering combined data from the nation's three consumer credit repositories -- TransUnion, Experian and Equifax -- with public record information derived from ENIS' proprietary property database, the 4th Repository(TM). The 4th RepositoryTM provides instantaneous subject property ownership records, a legal description to ensure the accuracy of loan application data and title information, and comprehensive public record information for more than 150 million property, ownership, sales and mortgage records. QuadMerge(TM) Value also features an automated valuation sourced from FNIS' proprietary ValueSure(TM) AVM, in conjunction with a confidence level score indicating the quantity and quality of data used to render the property value. A "high or low" value range, enabling customers to assess valuation data using best and worst-case scenarios, also accompanies each confidence score.