First American Financial Corp., a global provider of title insurance, settlement services and risk solutions for real estate transactions, says its mortgage solutions group is now a distributor of Freddie Mac's Home Value Suite.
The Home Value Suite is a defined set of valuation modeling tools that automate, streamline and drive down the cost of collateral valuation in the housing market.
As an approved distributor of the Home Value Suite, First American Mortgage Solutions provides automated valuation model (AVM) services to the mortgage industry via direct connection with Freddie Mac. This distributor relationship provides increased reliability in model performance due to direct connections, an improved focus on AVM evaluation criteria, and the ability to offer Freddie Mac products directly to lenders and reseller clients.