| AVMetrics
was founded in 2005 by Lee Kennedy who saw the need for true independent
testing and auditing of AVM models. The company's services are designed
to assist clients with the technical and subject matter support necessary
for the use of Alternative Valuation Products, specifically the use of Automated
Valuation Models (AVMs).
AVMetrics'
blend of Testing and Auditing products, combined with demonstrated subject
matter expertise, help the client move through the intricacies of selecting
and implementing commercially available products for collateral risk assessment,
evaluation and fraud analysis.
Some advantages of engaging with AVMetrics:
- A team
of industry leading subject matter experts
- Reduced
cost of back office support related to the use and implementation of
AVMs
- Truly
independent third party engaged for the testing and auditing functions
- Generates
collateral data and analytics necessary to fuel credit risk based loan
decision engines
- Provides
data and tools for portfolio assessment
- Supplies
the ideal documentation for regulatory and auditing purposes
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"AVMetrics
offers a unique blend of products and services combining Automated
Valuation Model (AVM) Validation, Model Preference Lists, Auditing
and Consulting Services to the Lending community."
"This
combination of technical, operational, and product expertise provides
the client with a process to ensure the safe and compliant use
of AVMs in a 'best practices' environment."
-Lee
Kennedy
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