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November 22, 2009 12:25:00 PM EST

FNC Blog: Appraisers Working Long-Distance Spells Trouble for Mortgage Industry Housing market downturn a major disruption in the appraisal process, says mortgage technology expert

OXFORD, Miss., Nov 22, 2009 (BUSINESS WIRE) --

A mortgage industry trend that requires appraisers to work in unfamiliar neighborhoods is resulting in serious valuation issues, according to a new blog posted Sunday, Nov. 22.

FNC's chief data and analytics officer Dr. Bob Dorsey tackles the issue of appraiser geocoding in the mortgage technology company's new blog--Collateral Vision--which debuted today.

"One of the most consistent observations FNC has been hearing lately from mortgage originators is that they are receiving appraisals from (continued...)

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