M&S Signs New Clients To Repair-Cost-Estimating Program

Marshall & Swift (M&S) says it has signed contracts with a top-five U.S. bank and two of the largest property preservation valuation and repair companies to use M&S' online Repair Cost Estimating Program (RCX). M&S did not identify the bank and property-preservation companies by name.

RCX is designed to estimate the repair and maintenance costs necessary to help state and federal government entities understand restoration expense for foreclosed properties, as well as prepare Federal Housing Administration foreclosed properties for sale.

SOURCE: Marshall & Swift


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