Informative Research has announced the availability of automated valuation models (AVMs) through an extended relationship with Lender Processing Services (LPS).
Standard AVM products in Informative Research's cascade include ValueSure, SiteX, CVM and CASA. Each product delivers estimated property value, comparable sales, a location map and a confidence score in an easy-to-read report, the company says.
"In today's sensitive lending environment, having an accurate property value estimate is critical not only to the qualification process, but also in underwriting and quality control," says Brad Kelso, executive vice president of marketing for Informative Research.
SOURCE: Informative Research