Automated Valuation Models (AVM)
Traditional appraisals, AVMs or a combination of appraisal products, First American provides the property valuation alternatives to meet the unique appraisal needs of each individual circumstance.
Automated Collateral Assessment (ACA)
Provides instant property valuations nationwide by simultaneously using multiple methods to determine value. Results can be delivered over the Web or through an electronic interface.
Automated Valuation Models (AVMs)
Access to the industry's top AVM solutions is readily available, whether choosing to use one or all together. The total coverage available is unparalleled.
CASA
CASA is engineered and continuously calibrated to be the optimal, fully-automated property valuation solution for meeting its users' rapidly evolving needs. It calculates property value estimates in real-time, and leverages multiple market-specific analytic approaches to estimate current market values.
Freddie Mac Home Value Explorer (HVE)
For more than 15 years, Freddie Mac has effectively employed HVE to cut collateral assessment time down to seconds and to save hundreds of dollars on each transaction.
Home Price Analyzer (HPA)
A hybrid AVM that searches from more than 200 million historical residential sales records using three independent methods: hedonic, location-based and index-based. Data options include an alert that identifies properties that have sold more than once in the past two years and those with an unusually high level of appreciation.
Home Price Index (HPI)
Pinpoint up-to-date appreciation or depreciation rates for housing markets anywhere in the U.S. It is an index-based AVM that helps you proactively identify individual mortgages that may have a higher probability of default and estimate the potential recovery on individual loans in foreclosure.
HPA™ Distress
We recognized a need for an early stage loss mitigation solution, and developed HPA Distress as a tool among our suite of Default AVM products. It provides statistical discounts - updated every two months - for all counties covered in HPA based on potential condition or market. Allows you to get a preliminary indication of the value of a property that's 60-90 days delinquent.
HPI Distress
Part of our suite of Default AVM products, HPI Distress was created solely for the default servicing application. It is a cost efficient alternative that helps you determine the best course of action for loans in default, whether it be forbearance or foreclosure. Enables more properties to be reviewed sooner.
PASS
The right choice for identifying current market values for a loan portfolio or for identifying eligible prospects within a list of property owners. Data includes most probable market value, highest and lowest reasonable price, purchase date and price, owner name, original loan amount, and lender name, to name a few.
Powerbase6
Combines the best of hedonic and indexing technologies - proprietary engines PASS and HPA - to simultaneously calculate a more accurate and reliable valuation than any single-source process. This advanced AVM typically produces a consistent hit rate in excess of 80 percent.
ValuePoint4
This fourth-generation AVM instantly delivers highly accurate valuations perfect for use with underwriting decisions. ValuePoint4 simplifies your job by automatically using the optimal automated valuation method for each property. Valuation methods include hedonic and repeat sales indexes. A highly-experienced team analyzes performance on a continuous basis to ensure optimal performance.
ValuePoint4 - Default
ValuePoint4 Default is the only AVM of its kind developed specifically for use in default servicing and early stage loss mitigation situations.
ValuePoint4 Lite
Quickly gives an approximate property value range backed by three recent area sales. Integrate a branded version of this automated service on your Web site.
ValueWizard
To return highly accurate property valuations, ValueWizard utilizes a unique combination of personal interaction in terms of a traditional appraisal, an integrated mapping software technology, and an enhanced AVM.
VeroValue
Utilizes proprietary advanced predictive technology to provide powerful, highly accurate valuations. An automated VeroValue report includes a valuation range reflecting current market activity, the tax assessor's indication of value where appropriate, subject property details, and comparable sales.
