July 28, 2014 5:32 AM ET

Professional Services

Company Overview of Environmental Data Resources, Inc.

Company Overview

Environmental Data Resources, Inc. provides environmental risk information services and solutions to assess, understand, and manage environmental risk in the United States. It offers various packages that help in making environmental due diligence projects; Sanborn Maps that provide historical information; Radius Maps to determine the physical settings of a property; City Directory, which offers access to directories of historical cities; and Historical Aerials and Topographic Maps. The company also provides PARCEL, a Web-based solution for various aspects of due diligence of a property; property reports; and other environmental and historical reports. It offers its solutions for environment...

440 Wheelers Farms Road

Milford, CT 06461

United States

Founded in 1990

Phone:

203-783-0300

Fax:

203-783-0310

Key Executives for Environmental Data Resources, Inc.

Chief Executive Officer and Director
Chief Financial Officer
Age: 45
Managing Director of Lender & Insurance Markets
Managing Director of Consulting & Engineering Markets
Executive Vice President of Human Resources
Compensation as of Fiscal Year 2014.

Environmental Data Resources, Inc. Key Developments

EDR Contracts with First American Professional Real Estate Services to Offer Commercial Evaluations

EDR announced it has contracted with First American Professional Real Estate Services to provide commercial evaluation reports through the EDR Lender Portal. Commercial evaluations are used on certain real estate transactions, as defined by the Interagency Appraisal Guidelines (2010). Evaluations may be less expensive as compared to a traditional appraisal and can be completed in less time, allowing the lender to make an informed decision, which can be critical in a competitive lending market. The EDR Lender Portal is a web-based, policy driven application that streamlines workflow associated with appraisal procurement, environmental investigations, flood investigations, site inspections and other third-party services. The addition of First American Professional Real Estate Services' commercial evaluations expands EDR's property valuation solutions. The EDR Portal provides lenders a platform where they can manage their entire appraisal operationsSHYSHY SHYSHY-- everything from putting projects to bid, generating engagement letters, and tracking assignment status, to managing appraiser lists, monitoring licenses and E/O insurance, and measuring performance. With the ability to infuse individual lender policy into the workflow, the system dictates what action is needed on each transaction to be compliant, such as when an evaluation is sufficient.

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