AVM Advances

Nationwide Property & Appraisal Services LLC (NPAS) has launched BiasSHIELD, an AI-driven process designed to combat bias in property valuations and help move the industry towards a more compliant tomorrow.

Due to increasing market interest in alternative and enhanced property valuation solutions, Valligent, a Veros Software company, has announced the availability of ValPROTECT Warranty (ValPROTECT), a solution that offers recovery of permitted losses in the event a Valligent property valuation is subsequently determined to have been inaccurate. ValPROTECT Warranty aims to provide lenders and investors with peace of mind knowing the valuation determination at time of origination is protected.

Valligent, a Veros Software company providing real estate valuation solutions, has enhanced their traditional appraisal quality control process with BiasCHECK, a technology-based risk analysis solution integrated into Valligent’s appraisal review to quickly detect if an appraisal may be at risk for potential valuation bias or quality issues that need deeper analysis.