CoreLogic Announces Custom AVM Cascades Service

Posted by Orb Staff on October 28, 2010 No Comments
Categories : FYI

CoreLogic has introduced a service that the company says will create custom automated valuation model (AVM) cascades for clients that want to establish their own parameters for models, accuracy, coverage and data sufficiency.

The custom cascades will give lenders and servicers the option of selecting from the company's patented AVMs or selecting and blending other AVMs. The cascades will be created using conditional logic that iteratively builds cascades that take into account the interplay of models in a production environment, CoreLogic explains.

SOURCE: CoreLogic

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