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As the mortgage industry looks for innovative ways to make loan decisions faster, more efficient and less risky, adopting an automated valuation models (AVM) can make a lot of sense. AVMs, with the use of machine learning algorithms, dramatically improve the accuracy of loan decisions, while freeing up your staff’s valuable time for more direct customer contact. But lenders need to make sure they have a firm grasp on AVM methodology, particularly when it comes to ensuring that testing methods are up to date, hyper-accurate and reflect a real-world view of lending.
Register for this free one-hour on-demand webinar hear from expert panelists about how to ensure that your AVM adoption journey goes as smoothly as possible that it aligns with your organization’s collateral risk strategy as it relates to business use, regulatory and rating agency perspectives.
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