SAN DIEGO, CA, FEBRUARY 9, 2010 – Capital Markets Cooperative, a national alliance of mortgage bankers and lenders, has announced a partnership with SettlementOne Valuation Corporation, an industry leader in providing compliant valuation services to mortgage lending institutions. This alliance will bring the members of Capital Markets Cooperative quality appraisal reports in a timely, reliable manner, in conjunction with integrated credit, tax and data service products with centralized ordering capability and substantial efficiency gains.

“This strategic partnership will ultimately provide more cost efficient and compliant valuation services, along with considerable efficiency gains in utilizing the same platform for credit, tax, and other critical lender services to the members of Capital Markets Cooperative,” said Vicky Hamilton, Vice President of Operations for SettlementOne Valuation Corp. “We are pleased to be affiliated with Capital Markets Cooperative and look forward to bringing greater benefits and services to their company, clients, and lending partners.”

“We are looking forward to working with SettlementOne Valuation and Credit,” said Tom Millon, CEO of Capital Markets Cooperative. “Their services uniquely combine complete compliance with the HVCC along with comprehensive credit and data solutions to our clients and partners. In addition, they offer the quality assurance, audit, and warranty services that we felt were critical to our clients’ long-term growth and success.”

SettlementOne has established a comprehensive operating model that provides a higher level of service and quality than most appraisal management and data service companies. Unique valuation services include a warranty on each appraisal, a manual review based on lender underwriting requirements, and quality control audit resources to help lenders meet regulatory guidelines. On the data side SettlementOne Credit provides a direct connection to the IRS for tax verification and free error correction for consumer credit reports.

About Capital Markets Cooperative
Capital Markets Cooperative (CMC) provides mortgage bankers with the economies of scale and the expertise that reduce risk and maximize profit in the secondary market. Regarded as the premiere secondary marketing specialists in the industry, CMC has worked with financial institutions nationwide to improve secondary market execution and reduce operational expenses resulting in a more profitable mortgage business. For more information about Capital Markets Cooperative, visit www.capmkts.org or call (904) 543-0052 or email info@capmkts.org.

About SettlementOne
For more than a decade, lenders have benefited from SettlementOne’s credit reporting, flood certification, AVM, appraisal, title, closing, and compliance solutions. SettlementOne’s premier customer service, proven reliability, and innovative technology has provided clients with the resources and service needed to grow their organizations.  Visit www.settlementone.com today for more information on our selection of products and services.