MISMO, the real estate finance industry’s standards organization, announced the release of the Automated Valuation Model (AVM) Testing Guidance and Best Practices, a best-practice guide that gives lenders a standardized method for testing automated valuation models.
Tag: AVM
MISMO Releases AVM Confidence Score Standard
MISMO, the real estate finance industry’s standards organization, announced it is seeking public comment through June 28, 2025, on the Automated Valuation Model Common Confidence Score Standard and Guidance.
New Federal Guidelines for AVMs Elevate Bias Testing, Give Consumers a Stronger Voice–ICE’s Damien Weldon and John Holbrook
Decades after the first fair lending laws started to address discrimination in residential lending, regulators are now laser-focused on eliminating bias in the real estate valuation process.
MISMO Calls for Participants to Join New Work Group Focusing on AVM Standardization
MISMO, the real estate finance industry’s standards organization, announced a call for industry professionals to join a new development work group that focuses on Automated Valuation Model (AVM) standardization.