Inman

Mortgage-services provider gains aerial views of real estate

Pictometry International Corp., a provider of digital aerial imagery, announced today that C&S Marketing, a provider of services for the mortgage banking industry, has integrated the company’s imaging database of U.S. homes.

C&S offers property valuation, collateral assessment and fraud prevention services for the mortgage industry. “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,” according to a company announcement today.

“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, according to the announcement.

“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, chief marketing officer at Pictometry. “We look forward to providing C&S with more geospatial data for their workflow tools as their customer demand grows.”

Major metropolitan areas using Pictometry include Atlanta, Baltimore, Boston, Indianapolis, Los Angeles, New York City, Philadelphia, San Francisco, and Washington, D.C.

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