Splitero reports that automated valuation models (AVMs) quickly estimate property values using data, offering speed and affordability over traditional appraisals.

Some of the hottest housing markets hit double digit growths last year while at the same time fees and delays related to the appraiser shortage continue to rise, throwing a wrench into an otherwise ...

In the wake of the refi boom, nonprime and alternative-A lending have become popular strategies to sustain and increase volume. That means more risk of fraud or inadequately collateralized loans next ...

In today’s housing industry, logistical efficiency and attractive price points sit at the top of priority lists for both homebuyers and sellers. When it comes to a home’s price, all parties involved ...

AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different AVMs might provide different estimates for the exact same home, depending ...

Pursuant to section 1473(q) of the Dodd-Frank Act, a group of federal agencies have proposed a quality control rule for automated valuation models (AVMs). The agencies are the Comptroller of the ...

Home mortgage lenders will have to meet a new set of standards designed to ensure that their tech-fueled appraisals don’t build in flaws that might produce faulty estimates or discriminate against ...

Interthinx has launched the Interthinx Conditioned Valuation Model (CVM), a unique, cost-effective integration of robust automated valuation technology and analytics tempered by a professional ...

WASHINGTON, June 2-- The Federal Deposit Insurance Corporation posted the following joint news release on June 1, 2023, with Treasury's Office of the Comptroller of the Currency, the Federal Reserve ...

SANTA ANA, Calif.--(BUSINESS WIRE)-- First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF) and a leading national provider of property and ownership data and ...

WASHINGTON, June 2-- The Consumer Financial Protection Bureau posted the following joint news release on June 1, 2023, with Treasury's Office of the Comptroller of the Currency, the Federal Reserve ...