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Mortgage Services
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To learn more about Altisource, contact an experienced member of our Business Development team today: |
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Valuation Services - Solutions
Services listed below are customizable to suit the loan origination, correspondent and asset management markets.
Appraisals and Valuations
Origination Appraisals
A full suite of Conventional, FHA and REO appraisals completed by certified, licensed appraisers.
- Fannie Mae Appraisal Forms
- Fannie Mae Appraisal Reports
Fannie Mae Appraisal Reports:
- 1004D: Appraisal Update and/or Completion Report
- 1073A: Analysis of Annual Income and Expenses-Operating Budget
- 2000: One-Unit Residential Appraisal Field Review Report
- 2000A: Two- to Four-Unit Residential Appraisal Field Review Report
- 2055: Exterior-Only Inspection Residential Appraisal Report
- 2075: Desktop Underwriter® Property Inspection Report
- 2090: Individual Cooperative Interest Appraisal Report
- 2095: Exterior-Only Inspection Individual Cooperative Interest Appraisal Report
Default Valuations
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Broker Price Opinions and Comparative Market Analyses
Nationwide interior and exterior Broker Price Opinions (BPO) and Comparative Market Analyses (CMA) reviewed by quality control analysts. Click the links below to view a full list of services:
- BPO
Broker Price Opinions:
- Exterior inspection of the property
- Description of the property’s exterior condition
- Three active listings
- Three sold properties
- Pictures of the property and street
- Estimated value based on normal and 30 day marketing times
- Location map
- Satellite map
- CMA
Comparative Market Analysis:
- Exterior and interior inspection of the property
- Description of the property’s exterior and interior condition
- Three active listings
- Three sold properties
- Homeowner Association details
- Pictures of the property, street scene and interior photos of all rooms and repair items
- Estimated value based on normal and 30 day marketing times, “as is” and “as repaired”
- Itemized list of repairs with cost to cure
- Location map
- Satellite map
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Automated Review Reconciliations (ARR)
Automated, accurate and quick property valuations using integrated technology and vendor delivered valuation products. The valuation engine examines a wide range of key property characteristics and market sources to perform multiple weighting combinations to validate the calculated market value. The AVA team provides continuous updates as micro and macro market conditions change to ensure the accuracy of valuations.
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Home Affordable Modification Program (HAMP)
Altisource obtains AVM values using government-sponsored enterprise Home Value Estimator (HVE) with assured HAMP guideline compliance. If AVM thresholds scores are not met, then a BPO is automatically ordered.
<< Return to Valuation Services Home Page >>
Reconciled Values
BPO and CMA Reconciliation
Reconciliation using all information provided in addition to the limited use of external data sources such as real estate websites and county records. The reconciliation includes all of the items listed under BPOs and CMAs in addition to comments supporting the analyst’s conclusion. The reconciliation process uses Automated Review Reconciliations (ARR).
<< Return to Valuation Services Home Page >>
Automated Review Reconciliations (ARR)
Automated, accurate and quick property valuations using integrated technology and vendor delivered valuation products. The valuation engine examines a wide range of key property characteristics and market sources to perform multiple weighting combinations to validate the calculated market value. The Altisource team provides continuous updates as micro and macro market conditions change to ensure the accuracy of valuations.
Reviews
Desk
All information provided including external data sources such as real estate websites, county records and AVMs to conclude valuation accuracy. Forensic
A certified appraiser reviews the original appraisal completed within the last two years to determine accuracy at the time of origination. Short Sale
Verification of recent and relevant client provided data including origination appraisal, short sale contract, interior BPOs and / or a servicing appraisal less than 90 days old.
<< Return to Valuation Services Home Page >>
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Why Altisource? |
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Altisource improves the performance and profitability of clients nationwide by leveraging a global workforce, integrated technologies and cutting-edge decision models. For the real estate, mortgage and financial industries, Altisource delivers. |
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Testimonials |
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Over the years we have always been able to count on REALSynergy™ to coordinate with our IT consultant to guide us on the use of features that enable us to fully utilize the software such as automatic posting of payments.
- Shelley, Senior Vice President & Manager, Loan Closing & Administration
Q10 I Dwyer-Curlett & Co.
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We went live with REALRemit™ in July, 2005. Since then our accounts payable staff has been reduced by 61% and we have saved literally millions of dollars in loan related expenses.
- John, CFO
Ocwen Financial Corporation
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REALRemit™ has not only helped us stay ahead of the curve, but we saved a huge amount of time and money implementing a system that was designed to handle our custom needs.
- Doug, CEO
First Associates, Inc
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Nationwide Credit, Inc.™ does a tremendous job focusing on the objectives that matter most to a client... At the end of the day, their execution and response gives me the perception that our partnership matters the most to their business.
- Jay, Senior Director
Resurgent Captial Services L.P.
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We were required to make unique enhancements to REALResolution™, [which were] expected to reduce manual efforts while processing a loan and reduce the timeline to move the property to REO. Altisource has done an exceptional job in meeting the requirements of the project which has allowed Ocwen to achieve desired results.
- Roshan, Director, Resolution Processing and Administration
Ocwen Loan Servicing, LLC
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The REALSynergy™ product has been instrumental with Bellwether's growth in servicing since it was purchased in 2008. Bellwether has grown from 5 employees in 2008 to over 50 with $3.5 billion in servicing. The REALSynergy team was especially helpful during the portfolio transfers.
- Marty, Director, National Servicing Manager
Bellwether Real Estate Capital, LLC.
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Over the years the REALSynergy™ technical support team has provided prompt, professional, and personal attention to any implementation, operating process, or product upgrade questions that we have had.
We can confidently recommend REALSynergy as a dedicated and reliable firm, and experts in their field.
- Karen S. Dolen, Loan Servicing Manager
Peter Wong Associate - an affiliate of Intervest Mortgage
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REO Properties for Sale |
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Selling REO properties just got easier. Through our online real estate marketplace, buyers can search one of the largest inventories of REO homes across the country. All offers are submitted through our proprietary bidding platform, resulting in greater transparency and a better buyer and seller experience. |
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Resource Center |
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Read a wide variety of trade publications in which our experts have been cited or download brochures, case studies, white papers and more. |
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