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LCS, Inc. Introduces the EAQuick Opinion Report

"This unique report allows a Financial Institution to start its environmental due diligence at very low costs with the ability to add to the base report as needed!" states Mark V. Li Puma, CEO and President of LCS, Inc.

The FDIC, USSBA and several other regulatory agencies have espoused the idea of Lenders providing an initial environmental review of a property before reaching a decision on placing a mortgage on a piece of real estate. In fact the FDIC detailed the level of investigation they believed appropriate in their November 2006 circular.

LCS realized that there were several Opinion Reports available in the marketplace but none offered the two most important protections a bank would need to get comfortable with such reports, that being:

• Review and analysis by an Environmental Professional
  
• Professional Environmental Liability Insurance

The EAQuick Opinion Report contains data and information not offered by others and can be expanded to include, questionnaires, site inspections, environmental checklists, recommendations and more, depending on the needs of the client.

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