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StreetLinks Launches New Product, Division

""StreetLinks Lender Solutions LLC"":https://www.streetlinks.com/ has both a new division and a new product to show off.

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The Indiana-based valuation services and lending technology firm announced the launch of both its Automated Examination and Valuation Division and its new suite of Quality Examination (QX) products.

StreetLinks QX is designed as a comprehensive, multiple component collateral review utility. ValueComp, the automated valuation component, uses technology to replicate an appraiser's approach to analyzing comparable selection and property valuation. The results are substantially and consistently more accurate than traditional automated valuation models (AVMs), the company touts.

""It would have been easier, quicker and cheaper to simply become a reseller of AVMs and rules engines, but we couldn't bring ourselves to put the StreetLinks brand on what we believed to be substandard products,"" said StreetLinks president Tom Hurst. ""That realization drove us to develop a suite of products that analyze appraisals like nothing else ever created.

""We focused on one goal: to provide clear, concise and accurate results, while giving the user action items and directives--not simply more questions.""

StreetLinks' Quality Examination Rules Engine powers the execution of QX using appraiser-based methodology. The engine is programmed to analyze appraisal information and present users with a summary of automated rule ""passes"" and clear directives for items that require manual examination. In the final analysis, QX cuts appraisal risk while reducing appraisal underwriting cost and turn-time.

""We have taken this to a level and depth never seen before in this arena,"" Hurst said. ""Our clients that participated in the build and beta of the product agree that QX delivers a significantly higher level of accuracy and has drastically reduced their collateral review time.""

The ValueComp component of the QX suite will be powered through ""Equifax Property Data & Analytics"":http://www.equifax.com/home/en_us, a provider of real estate intelligence.

""Equifax shares the same drive for innovation that we have at StreetLinks,"" said Donna DelMonte, SVP of product development for StreetLinks. ""The relationship with Equifax will allow us to collaboratively launch a multitude of solutions over the coming years.""

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