Veros White Paper Gives Insight into Applying AVM Technology in Whole Loan & REO Portfolios
Aug 09, 2011
Santa Ana, Calif. – August 9, 2011 – Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and collateral valuation services, has announced the release of a free white paper entitled Applying AVM Technology in Whole Loan and REO Portfolios.
The white paper provides insight into the benefits of using AVMs to determine the value of residential real estate collateral, including performing properties and REOs. More specifically, the paper addresses:
- Using granular, zip-code level analysis verses broad indices for more accurate portfolio valuations.
- Using specialized AVMs to value REO properties, including modeling worst-case scenarios for risk management purposes.
- Using AVM and other data sources to identify potential high-risk portfolio assets and estimate worst-case values.
Included is an overview on the U.S. housing market performance, losses and valuations, as well as a comparison of zip code analysis verses traditional index estimates and REO valuations verses broader index estimates. Additionally, there is a discussion on the methodology of identifying which properties within a portfolio reflect the highest risk of default over a period of time.
This is the second in a series of three white papers focusing on AVM technology and its various applications specific to the secondary investment market, as well as the residential housing market. The first white paper is entitled AVM Valuation and Forecasting Technologies: Capital Markets.
About Veros Real Estate Solutions
Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For additional information on Veros, visit www.veros.com or call (866) 458-3767.