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Property Valuation

Banner with photo of Kristin Gruidl, senior product manager of Veros Real Estate Solutions

Modern Life, Modern Loans

Kristin Gruidl, Senior Product Manager at Veros, discusses the positive industry impacts of recent changes to Fannie Mae’s Modernization Initiative. The modernization of valuations will help lenders, appraisers, and risk investors, and Veros is proud to be a part of the continued effort to standardize and collect data that helps to improve collateral valuation risk management

Photo of Reena Agrawal

National Mortgage Professional: Unbiased Methods in AVMs Create for Equitable Home Appraisals

The National Mortgage Professional’s recent article, “How AVMs Can Promote More Equitable Home Valuations,” written by Reena Agrawal, shares insights on whether historical redlining is still a present issue. Agrawal also expands on technology-driven AVMs, and how they can help minority homeowners enhance and accumulate their wealth.

Banner image featuring the Historic Redlining Research Report

Veros’ Study Demonstrates Its AVM is Not Influenced by Historical Redlining

Veros’ study examined AVM predictions for single-family properties in redlined versus non-redlined neighborhoods close to one another in Los Angeles, California. Veros’ economists used this approach because mortgage funds were historically abundant for non-redlined areas, while they were scarce or non-existent for redlined areas. To enable proper testing, the areas selected for analysis had single-family homes on both sides of the boundaries.

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