Tag Archives: automated valuation

Veros says its AVM isn’t tripped up by historical redlining boundaries

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Study finds that homes located within historically redlined neighborhoods tend to have less living space, smaller lot sizes and more variations in quality. Continue reading →

Quality control standards for AVMs may cover discrimination

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Proposed standards would include random sample testing and reviews to ensure a “high level of confidence” in the estimates produced by AVMs. Continue reading →

Guaranteed Rate rolls out ‘Same Day Mortgage’ nationwide

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Properties must be eligible for an appraisal waiver, and like Better’s “One Day Mortgage,” some fine print can stand in the way of getting a loan approved in 24 hours. Continue reading →