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FNF, MPAC renew agreement on property data for appraisers

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FNF Canada has signed a new agreement with MPAC to continue providing residential property data for appraisers across Ontario.

The extension of the current deal means that FNF – which provides national mortgage, appraisal and loan related services to large and small Canadian lenders – will maintain the consistency and reliability of property data used in residential real estate appraisals.

“We are pleased to continue working in partnership with MPAC to deliver innovative solutions for appraisers within the Canadian marketplace. FNF Canada’s preferred pricing for square footage and detailed property reports demonstrates FNF’s ongoing commitment to the appraisal industry, and our partnerships within the lending community,” commented Brian Bell, Senior Vice President of Innovation and Data Solutions.

MPAC is a not-for-profit corporation funded by all Ontario municipalities, which assesses nearly five million properties with a total value of $2.2 trillion.

MPAC’s Vice President of Business Development, Lee Taylor added that the solution has proven to make access to residential property data “economical and efficient for appraisers across the province.”