Automated Valuation Model Testing

Given the new Interagency Guidelines on the use of Automated Valuation Models (AVMs) in lending decisions, many AVM users and prospective users have questions about the best way to perform independent validation of AVM results.

CoreLogic has developed a new whitepaper to share our thoughts on AVM testing best practices, which may be used to help lenders guide their research and discussions with regulators on the right approach for their institution.