| Product Name |
Description |
| Automated Property Valuation |
Provides a statistical value based on locally provided comparable sales data; returns a value with a variance of 0-10% of a full URAR appraisal report; collateral Assessment Associates review reports prior to being delivered to clients |
| AVM Upgrade |
This product is ordered to notify the AVM provider to utilize their proprietary logic to determine the proper upgrade path of the product required to meet the lender's needs. Required to meet the lender's needs. |
| Basis100 PASS (sm) |
Employs Solimar Technology to deliver multi-variant statistical correlation, appraisal emulation, conformal mapping, and price-time indexing to generate a highly accurate property valuation. Report also includes property characteristics of subject property and selected comparable sales, plus a confidence score. |
| CASA r |
CASA® is the market-leading automated valuation model (AVM) for accurate, fast value estimates and predictive collateral scores for residential properties across the U.S. Eight of the top ten lenders trust CASA for applications that include automated underwriting and origination, collateral scoring, appraisal QC, loss mitigation, portfolio valuations, marketing programs and more. CASA is supported directly by a world-class team of experts in AVM implementation, real estate research, loan markets, data operations, statistics and information technology. CASA leverages a very large, meticulously filtered property records database and multiple, market-specific analytic approaches to estimate current market values for individual residential properties. CASA is engineered and continuously calibrated to be the optimal, fully-automated property valuation solution for meeting lenders' rapidly evolving needs. |
| Collateral Val Insurance-CVI Direct |
CVI Direct combines multiple automated valuation models with an exterior inspection and an acknowledgement of insurability, guaranteeing that the estimate of value given at the time of the loan origination was accurate, subject to notification of loan funding. CVI Direct is currently available for single family, condo and PUD residential properties. |
| HPA |
Provides a statistical value based on both tax assessors’ records as well as county recorders’ sales records. |
| HPA2000 |
Basis100’s HPA model, powered by MortgageRisk (MRAC) technology, is an automated valuation model known throughout the industry for generating precise, immediate and reliable residential property valuations. The powerful technology behind this model uses a hedonics/location-based/indexing methodology to create a statistically solid home valuation tool. |
| HVE (sm) |
Freddie Mac's HVE |
| Insight |
A screening tool designed to determine hidden collateral risks based on property type, ownership and values surrounding the subject property. The risk assessment translates into a rating that indicates the likelihood the subject property is viable collateral for a loan. |
| PowerBase6 |
Powerbase6.0 model combines the power of Basis100's two proprietary engines (PowerBASE and HPA) to simultaneously calculate a more accurate and reliable property valuation than any single-source process. PowerBASE6.0’s superior coverage and output enables lenders to more effectively use AVM’s in their loan processing decisions. |
| REO Market Analysis |
Using the most up-to-date national data resources, REO Market Analysis identifies the effect of local REO and foreclosure trends on property values. The report provides multiple valuations of the subject property including a current fair market value, a current REO value and a net forecasted REO value. Additional local foreclosure and REO data, along with local area sales are also included. |
| SiteX Rpt |
A property report which includes an area street map with subject property and comparables, a subject profile, deed/transfer history, assessment cluster, preliminary flood and environmental data. |
| Sitexvalue (tm) |
Provides an estimate of the subject property's value, QuickScore, 3 comparable sales, housing and price trend information and more. |
| Value Wizard |
The Value Wizard automated valuation model provides fast, accurate property valuations nationwide. The model applies analytics, geo-statistical formulas and algorithms combined with multiple data sources and unique mapping capabilities to quickly return the valuation intelligence you need. Value Wizard returns a valuation report containing an estimated market value, high and low estimates, a confidence score, census information, recent neighborhood sales and an optional map indicating subject property location and sales comparables. |
| VeroINDEX Plus |
Time-based residential property valuations derived from advanced analysis of local and regional market trends. Standard VeroINDEX Plus reports include value estimate, confidence score, subject property sale history and historical price trends for the subject's neighborhood with ValueGuard security for your protection. |
| VeroLITE |
VeroVALUE information limited to price range, limited characteristics and limited comp info. |
| VeroPREQUAL |
VeroValue information limited to estimated value only. |
| VeroValue |
VeroValue AVM provides residential property valuations leveraging the latest predictive technologies for fast, accurate, and realistic results with high visibility. Standard AVM reports include value estimate, value range, confidence score, available subject property information, market data information and historical price trends for the subject's neighborhood. The VeroValue AVM is currently available in over 600 counties nationwide. |
| VeroVALUE Advantage |
VeroVALUE Advantage provides industry leading residential property valuations leveraging the latest predictive technologies for fast, accurate, and realistic results balancing recent local market activity and usable hit rates. Standard VeroVALUE Advantage reports include value estimate, value range, confidence score, available subject property information, market data information and historical price trends for the subject's neighborhood. Additional information such as 12 month valuation forecasting and fraud detection indicators can be added to each AVM report. |
| VeroVALUE Preferred |
VeroVALUE Preferred provides industry leading residential property valuations leveraging the latest predictive technologies for fast, accurate, and realistic results with strict standards on market activity, neighborhood analysis and usable hit rates. Standard VeroVALUE Preferred reports include value estimate, value range, confidence score, available subject property information, market data information and historical price trends for the subject's neighborhood. Additional information such as 12 month valuation forecasting and fraud detection indicators can be added to each AVM report. |
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