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Some AVM vendors are rated higher in different areas of the country. Why is that?

April 26, 2017areas AVM country different rated vendors

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Some AVM vendors are rated higher in different areas of the country. Why is that?

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HVE is consistently rated as one of the industry’s top AVMs in accuracy and coverage. All AVMs have geographic strengths and weaknesses that are due to the availability of data to the AVM in that locale. HVE has an advantage over other AVMs due to the fact that it incorporates the property data from Freddie Mac’s portfolio of loans. We have over 76 million property addresses in our database. In addition, because our large database is based on our portfolio of loans, HVE has the unique advantage of being able to value many properties within the 12 non-disclosure states. Freddie Mac obtains new property data each month. The modeling team completely rebuilds the model each quarter.