Clifford RossiOct 26, 20181 min readThe Collateral Valuation Battle: Will Technological Improvements Actually Lead to Greater Mortgage RIncreasingly, so-called automated valuation models are replacing manual appraisals in the mortgage industry. But while AVMs are faster, more accurate and more cost-efficient than traditional appraisals, they could also potentially yield long-term systemic risk.
Increasingly, so-called automated valuation models are replacing manual appraisals in the mortgage industry. But while AVMs are faster, more accurate and more cost-efficient than traditional appraisals, they could also potentially yield long-term systemic risk.
