AUSTIN, Texas – Bethpage Federal Credit Union has added automation valuation models (AVMs) and other appraisal services to the business it does with First Lenders Data Inc. The $2 billion New York credit union already had been using Austin-based FLDI's PrimeFlood solution in its mortgage processing, which Bethpage's assistant mortgage manager, Maria Tullo, said has "simplified our relationships with vendors, provided a single source for technology solutions, reduced our operating costs and enabled us to devote extra resources towards enhancing member services." FLDI works directly with mortgage service data providers and other vendors to provide solutions through its FirstClose platform, including credit reports, AVMs, insured AVMs, appraisals, flood certifications, property reports, legal and vesting reports, lien reports and income verification.
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