With such a large number of AVMs currently in the marketplace (many of which have their own fulfillment platforms and proprietary confidence scores), it can be time-consuming and costly to compare valuations from different vendors in order to determine which is the most accurate for a given property or area. Collateral Value Connector™ from Equifax organizes the industry's leading AVMs in a 'cascade' or 'waterfall' arrangement, enabling lenders and servicers to optimize their automated collateral valuation strategy, streamline workflows and facilitate compliance with collateral valuation guidelines issued by federal regulators.
And unlike other providers in the industry, the accuracy of our cascade process is assessed by Solidifi, an independent, third-party vendor that utilizes a wide range of exhaustive testing criteria—ensuring our solution is properly calibrated and returns the most accurate valuation possible for a given subject property.
The value to your business:
- Increase hit rate and accuracy by accessing the best performing AVM through a cascade process flow
- Mitigate valuation risk—specifically, over-valuation
- Reduce costs with an accurate alternative to expensive appraisals
- Boost the confidence of regulators by providing ample evidence of model validation by an independent third party