Flood Determinations

New Vista works with the leading national flood providers who have digital databases that contain the flood zone status of more than 150 million properties within the United States, Puerto Rico and the U.S. Virgin Islands. Using this information, the flood providers return an average of 90 percent of flood zone determinations within seconds. If a determination is not an automatic hit, manual research orders are returned within 24 hours.

Basic Determination
Identifies the flood zone, community number, map and panel number, community participation information, insurance availability, map date and entry-date.

Life-Of-Loan Determination
This is a basic determination plus map change tracking with follow-up determinations for the life of the loan. If a map change or community status change occurs on the property, we will notify you of any change within sixty (60) days. Finally, life of loan service is fully transferable should the loan be sold or transferred.

Commercial Flood Determination
We provide Life of Loan determinations for commercial properties that include the community name and number, panel-suffix, map date, base flood elevation for the Flood Insurance Rate Maps and community participation status.

Census Information/HMDA
Provides the census tract, MSA (Metropolitan Statistical Area), state code and county code when requested.

Residential Valuations

Automated Valuation Models
Eight National Providers. Cascading system. Instant valuations at very low price. Utilized in conjunction with a Property Market Condition Report to provide compliant information for an evaluation

Property Market Condition Reports
Provides economic, market and general property information and photo of subject property. Designed for use in conjunction with an AVM

Residential Evaluations
Designed to meet minimum requirements of 2010 Interagency Appraisal & Evaluation guidelines for use on residential loans under $250K. New Vista Solution provides comprehensive evaluation options from the top five evaluation providers in the nation. These valuations are faster and less expensive than traditional appraisals. Reports are completed with a market approach to value methodology. Can be completed on improved or unimproved property and can be done as exterior only with photos or also to include interior inspection with photos. The standard residential evaluation provides an exterior inspection and includes:

  • Listing information for the subject property
  • Prior transaction history for the subject property
  • Summary of neighborhood market conditions and subject's marketability
  • Neighborhood REO data and information
  • Exterior photos of subject property
  • Location map of the subject property
  • In depth commentary about the subject property

Traditional Residential Appraisals
Interagency compliant standard GSE appraisal forms, utilizing top national appraisal management companies in the country. All appraisals receive QC, UCDP upload available

Traditional Residential Appraisal Firewall
Appraisal Firewall is a UCDP Lender Agent that can send UAD-compliant appraisals to the UCDP on behalf of lenders. The Appraisal Firewall is a secure, online appraisal routing and communications technology tool that lets lenders keep their established relationships by helping them stay compliant with the Interagency Appraisal and Evaluation Guidelines. With the Appraisal Firewall, lenders can choose to continue to work with their established appraiser panels, or they can order appraisals from a third party AMC (Appraisal Management Company). The Firewall also contains more than 15,000 appraisers across the nation if coverage outside of your current appraisers’ footprint is needed.

Commercial Evaluations

These reports are a series of valuation reports for small commercial and multifamily real estate assets. These report products offers lenders, investors and servicers a fast, reliable and cost-effective solution for collateral valuation activities such as origination, loan and credit reviews, and overall portfolio maintenance. These reports are available in three report forms: sales comparison approach; combined sales and income approaches; and Restricted Appraisal. The result is an unparalleled property valuation service that reduces your appraisal costs and execution risk without sacrificing accuracy or dependability.

Compliance & QC Products

REALview™
REALview™ is an automated, transparent appraisal review tool that processes and analyzes appraisals for compliance, completeness, currency and consistency helping you to manage your quality control processes. REALview™ allows mortgage lenders, servicers, appraisal management companies, and due diligence organizations to review and QC appraisals with an objective and consistent approach that takes the guesswork out of the appraisal review process. REALview™ can reduce the review process time by as much as 60% which will save time and money and increase profitability. Moreover, loan repurchases will be less likely due to the reduction in errors associated with the appraisal.

Compliance Analyzer
Nationwide proliferation of anti-predatory/high-cost laws and ever-changing state consumer lending regulations have caused mortgage lenders and banks to shift their regulatory compliance focus from traditional sampling and manual reviews to a pre-close, automated, transaction-level approach. ComplianceAnalyzer® is an industry-leading enterprise-based solution that provides comprehensive yet cost-effective automated compliance auditing to over 250 satisfied institutions, service providers and regulators in the residential mortgage industry.

Tax Searches

Partial or a fully outsourced tax services designed specifically to protect your real estate assets. Whether you need a one-time detailed analysis report for a property believed to be in delinquency status, or you have an entire portfolio of loans that require professional management, our process driven approach delivers the best and most efficient method for identifying and reporting real estate tax delinquencies

Employment & Income Verifications

4506xpress™
Use Form 4506-T to Verify Borrower Income Quickly and Easily
In today's consumer lending market, lenders and investors are moving quickly towards requiring income verification and IRS tax transcripts for every loan. To meet these increasing demands our solutions have reinvented income verification, building 4506xpress™ from the ground up to be the industry's most accurate and most cost-effective solution by using unique automation technology and focusing on streamlining workflow

SSNxpress™
In today's consumer lending market, lenders must combat fraud by knowing the identities of each borrower according to requirements by the GSEs as well as other investors and insurers. The only way to quickly ensure that each borrower's Social Security Number matches his or her name is to go directly to the source. SSNxpress™ verifies Social Security Numbers directly with the Social Security Administration (SSA) quickly and easily, helping financial institutions mitigate the risk of identity fraud and ensure that investor and regulatory requirements are met.

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