In today's mortgage market, lenders, servicers and due diligence teams need more than a traditional vendor relationship to manage risk and execute a sound valuation strategy. A strategic partner must deliver more than just property valuations. You expect creative valuation solutions that support your business needs.
Intelligent Solutions Aligned with your Collateral Valuation Strategies
First American Mortgage Solutions offers a complete suite of conventional and alternative valuation1 products combined with state-of-the-art technology. Additionally, our proprietary technology delivers a customized cascade based on your specifications, intelligently matching your loan criteria with our diverse selection of valuation products.
- Single source for ordering, tracking, and delivery of residential valuations.
- Products are produced and reviewed by well-trained real estate professionals; and are supported by the latest technology-driven quality checks for accuracy.
- Abundance of third-party market data gives you added confidence when making important valuation decisions
- Our technology flexes with today's demanding regulatory and market conditions, providing the ability to scale to large volumes while maintaining high performance levels.
The more relevant and accurate data we can provide, the more secure you feel about making valuation, risk and investment decisions.
- Automated Valuation Models (AVMs) -- Full suite of statistically-based computer models that give an estimate of property value -- delivered seamlessly 24/7 via our proprietary system or via direct interface with a variety of sources.
- Flood Data Services -- Flood zone determination services for first position loans or second refinances.
With one of the widest varieties of customized hybrid solutions in this specialized category, we offer alternative reports that combine the best of online data (sales history, comparable sales, trend analysis, and more) with an opinion of value from an experienced staff appraiser.
- Market Analysis and Condition (MAC) Reports -- Property condition report combined with an AVM or desktop product to assist lenders in managing their portfolios while meeting Interagency Guidelines and current evaluation policies regarding AVM use.
- Property Assessment Collateral Evaluation (PACE) -- Combines a field expert's opinion of value with supplemental data, and is reconciled by a licensed/certified appraiser.
Broker Price Opinion (BPOs) Services
We offer standard, enhanced and customized evaluation solutions provided by state licensed real estate brokers. Our enhanced BPOs use a unique collateral valuation analysis, powered by Bluebook International, Inc., which includes accurate, on-demand residential replacement costs, risk analysis, and other essential property value information for nearly 91 percent of the nation's single family residences.
Network Appraisal Management
First American Mortgage Solutions offers a complete suite of standard appraisal and alternative valuation products. We work closely with a nationwide network of more than 17,000 pre-qualified credentialed appraisers so your appraisals are delivered in compliance with regulatory guidelines -- tracked electronically for speed and quality.
Appraisal Review Services
We offer a wide array of review products designed to meet your regulatory, underwriting, and investor guidelines. Our review services are produced by a team of experienced local market appraisers and highly-trained specialists.