Williston Financial Group’s (WFG) Valutrust Solutions, LLC, has collaborated with leading valuation analytics provider Collateral Analytics (CA) to provide industry-leading automated valuation offerings in conjunction with Valutrust Solutions’ appraisal and valuation offerings through the Valutrust platform, the companies announced in a release.
As a result of this collaboration, Valutrust Solutions’ and WFG Enterprise Solutions’ lender customers will now have the ability to request and receive Collateral Analytics’ automated valuation offerings in conjunction with Valutrust Solutions’ comprehensive suite of traditional and alternative appraisal and valuation offerings through a single, integrated technology platform, the release said.
Collateral Analytics (CA) provides an array of automated home price valuation products. These products provide valuations for more than 95 percent of the U.S. real estate market and are used by major lenders, GSEs, appraisers, investment banks and real estate professionals across the country.
“The addition of Collateral Analytics’ top-performing automated valuation offerings is a game-changer for us and our lender customers, as it will provide them with single-platform access to all of the property valuation services they need throughout the mortgage process,” Valutrust Solutions President Sean Pyle said in the release. “This improves operational efficiency, reduces valuation-related risk and ultimately delivers a better experience for their borrowers.”
Services available through this collaboration include:
- CA Express and CA Value AVMs for determining property-specific values and surrounding market data throughout the lending lifecycle.
- CA Neighborhood Value Range AVMs which provide the most comprehensive set of comparables of any valuation offering.
- CA Interactive AVMs, enable expert users, such as desktop appraisers to apply special knowledge of the subject property and surrounding neighborhood comparables to refine the resulting AVM value.
- CA Risk Profiler automatically reviews, identifies and flags probable valuation risk for BPOs and Appraisals.
- Value Range Express, a customer retention and refinance lead generation tool, tracks new property listings daily and matches them against the company’s existing portfolio
- CA Consumer AVM is a nationwide automated property valuation tool that lenders can add to their websites to attract consumers and enable them to request instant value estimates for their own homes or for ones they are interested in purchasing, creating high-quality potential buyer and seller leads.
“WFG and its family of companies are highly innovative in the title and valuation industries, providing leading edge product to facilitate the homebuying process, and we are delighted to be working with them,” Collateral Analytics Chairman and CEO Dr. Michael Sklarz said.