As the mortgage industry becomes more comfortable with AVMs, a growing number of lenders seek to use the technology in new ways and on a greater number of loans. This drive has led to an increased interest in standards, and lenders have honed in on investors and GSEs to gauge their acceptance of AVM-backed loans.
Although some appraisers are concerned about their role, both valuation companies and lenders stand to gain a competitive edge by offering AVMs.
Get an interactive look at the future of AVMs and their impact on both lenders and appraisers.
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Darius Bozorgi President & CEO VerosMark R. Linne, MAI, CRE, CAE, ASA, FRICSManaging DirectorRMVS/ValXKevin GoldenFirst Vice President of Valuation StrategyIndyMac BankJames A. KirchmeyerPresident & CEOReal Info, Inc.David HuttonEditorValuation ReviewMatt SmithEditorReal Estate Technology News