With Lender Processing Services (LPS) Valuation Solutions’ Preview, you get a valuation estimate, using FIS Valuation Solutions’ industry-leading ValueSure™ AVM, or a cascade of widely accepted AVMs. To ensure the accuracy of your valuation estimate, Preview combines the estimate with previous valuations, appraiser performance data and an analysis of regional economic data.
With Preview, you’ll receive:
- Evaluation results that reflect the risk of overvaluation in the form of FIS Valuation Solutions’ HQ Score, a risk rating similar to a credit score
- Detailed information online – instantly - through your own LOS system or via batch processing
- Fast, accurate valuation from our high-quality ValueSureTM AVM or a cascade of industry-recognized AVMs
- Price forecasting based pn primary economic drivers that could affect the local real estate market, such as employment data, household incomes and mortgage rates
- Precise results based on our own database – the industry’s largest, most current and accurate property database – as well as our own appraisal data
Preview identifies and evaluates a minimum of 12 risk factors for any given property, including:
- Population density
- Median home values
- Median income levels
- Historical and recent volatility of pricing in local market area
- Degree of homogeneity or heterogeneity in the market
- Current value risk, including degree of conformance to local market area
Minimizing Collateral Risk and Identity Theft with a Single Solution
PreviewFP gives you the same advanced collateral risk management tools you get with Preview, plus LPS' Valuation Solutions’ HQ FraudID™ Report, an automated screening tool primarily targeting identity fraud
Use PreviewFP to protect your portfolio against:
- Overvaluation
- Identity theft
- Intentional misrepresentation
- Other types of mortgage fraud
- Elevated credit risk
Put Preview and PreviewFP to work for you.
Call 800.282.1104, or visit www.hanqual.com today!