Chase partners with First American

Joint venture to assist in property appraisals - Tuesday, October 24, 2006 - Inman News National home loan lender Chase has teamed up with The First American Corp. to create Quantrix Valuation, a joint venture designed to assist in property appraisals, the companies announced today.  The venture will be fully operational by the end of 2006.  Financial terms of the agreement were not disclosed. "Our venture with The First American Corporation will give Chase more direct control over the quality of property appraisals," Francis Kim, director of Chase Vendor Management, said in a company announcement. "This will allow us to help create a smooth home buyers' experience from mortgage origination to closing."  Chase's home mortgage division operates in 44 states.