C&S Marketing Selects Pictometry’s Server-to-Server Solution and
-- Fastest Growing Mortgage Technology Company Streamlines Mortgage Banking Workflow by Incorporating Aerial Imaging Databases With its Collateral Risk Management Tools --
ROCHESTER, NY and SACRAMENTO, Calif., Aug. 23, 2005 – Pictometry International Corp., the worldwide leader in digital, aerial oblique imagery announced today that C&S Marketing, a leading provider of property valuation, collateral assessment, and fraud prevention services for the mortgage banking industry, has successfully integrated the company’s imaging database of US homes as part of C&S’ collateral risk valuation and assessment solutions. C&S can access the visual information via Pictometry’s Server-to-Server Solution that enables C&S data servers to automatically incorporate Pictometry data as needed.
Recognized by Inc Magazine as one of the Top 20 fastest growing companies in America , C&S provides mortgage banking institutions with up-to-the-minute valuation and risk assessment information on residential properties. C&S now includes Pictometry images of select properties on demand, helping its customers more accurately assess market valuation, collateral risk, and potential fraud. According to C&S Marketing’s CEO Steve Schroeder, the Pictometry data provides enhanced information to its customers through the company’s information tools that was previously unavailable from any other source.
"Pictometry gives our clients multiple views of the properties they request, allowing them at least four directional views of each property," said Schroeder. "The side views of buildings that Pictometry offers with their oblique images are unparalleled in the world of aerial photography, allowing our clients to see all the way around their potential investments."
Pictometry’s software enables users access up to 12 different views of any property, building, highway or other feature in a county in a 3D-like format. The software also allows users to create measurements such as distance, height, elevation, and area, directly from the oblique imagery as well as insert content from Geographic Information Systems (GIS) or other data. Traditionally used by government agencies in a wide range of applications from 9-1-1 dispatching centers, public safety, and homeland security, to transportation, community planning, and appraisal services, Pictometry’s visual information provides C&S Marketing with a comprehensive database of property information that can be used to streamline lending workflow and insurance processes required for mortgage approvals.
"C&S continues to pioneer the use of new technologies, such as our visual databases of oblique images, to speed business transactions for lenders," said Dante Pennacchia, senior vice president of Sales and Marketing at Pictometry. "We look forward to providing C&S with more geospatial data for their workflow tools as their customer demand grows."
About C&S Marketing
Sacramento, Calif. based C&S Marketing is the leading provider of collateral risk assessment and fraud prevention solutions to the mortgage industry. Since 1997 the mortgage industry has relied on C&S Marketing’s knowledge and information tools to enable risk decisioning and workflow process support. The C&S Marketing suite of property information tools provide the data, comprehensive geographic coverage, ease-of-use and accessibility the mortgage industry needs. C&S was ranked #17 on Inc. Magazine’s 500 fastest growing companies in 2004. For more information about C&S Marketing, visit www.csmarketing.com.
About Pictometry
Pictometry International is a rapidly growing software company that provides visual information systems. The company’s patented imaging process captures georeferenced, high-resolution oblique (at an angle - natural view) and orthogonal (straight down) digital images of counties and states. Combined with the company’s interactive software solution, users can see everywhere, measure anything, and plan everything. The company has a growing customer base exceeding 100 counties, the State of Massachusetts, federal government organizations, as well private business users. Major metropolitan areas using Pictometry include Atlanta, Baltimore, Boston, Indianapolis, Los Angeles, New York City, Philadelphia, San Francisco, and Washington, DC. Applications include 9-1-1, appraisers, assessors, emergency management agencies, engineering, financial institutions, fire departments, GIS, homeland security, insurance, law enforcement, planning officials, real estate, and transportation. Pictometry is a second order visualization tool that does not produce authoritative or definitive information (surveying) from its aerial images. For more information on Pictometry, visit www.pictometry.com.
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