AVM Advances

Veros Real Estate Solutions (Veros®), a provider of innovative real estate valuation and analytics services, proudly introduces iVALUATION – a state-of-the-art platform that provides housing finance professionals with the quick insights they need to be confident in the accuracy of a property valuation. With its powerful combination of an advanced automated valuation model and comprehensive nationwide property data, iVALUATION is positioned to transform the way the industry assesses property value.

Nationwide Property & Appraisal Services has launched its Broker Price Opinion (BPO) products, offering a versatile and efficient solution for property valuation needs. Targeted at mortgage lenders, financial institutions, and investment firms, Nationwide’s BPOs provide detailed, accurate, and timely property valuations to support strategic decision-making.

Corporate Settlement Solutions (CSS), a full-suite provider of real estate settlement solutions, released results from its mid-year analysis of the types of valuation products that lenders are using to originate home equity loans and found a significant increase in the use of Automated Valuation Models.

SitusAMC, the provider of investment advisory, strategic outsourcing, talent, and technology solutions to the commercial and residential real estate finance industries, today announced the strategic decision to retain its Real Estate Valuation Services (REVS) business and commitment to invest $20MM of capital to expand technology capabilities for the business. This decision follows a period of strategic alternative exploration. 

MISMO®, the real estate finance industry’s standards organization, is calling for industry professionals to join a new development work group that focuses on Automated Valuation Model (AVM) standardization.

Kiavi, one of the largest lenders to private real estate investors, has successfully implemented the AppraisalWorks appraisal management technology platform to streamline appraisal operations and improve profitability.

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.