As many stakeholders in the industry have heard, while Home Value Explorer® (HVE®) will continue to play an integral role in Freddie Mac’s business, powering its risk assessments, Freddie Mac is discontinuing external distribution of HVE effective July 31, 2025.
If you’ve been using HVE as part of your origination process, and you’re looking for a replacement for HVE, Veros Real Estate Solutions has several accurate and dependable alternatives to consider.
Finding the Right Alternative
As you navigate this transition, it’s crucial to identify an AVM solution that meets your specific needs. Veros, a leader in valuation technology, offers two compelling options: VeroVALUE® AVM and the newly launched ValuSTREAM™ AVM Cascade.
VeroVALUE™: Precision and Reliability
- Industry-Leading Accuracy: VeroVALUE consistently outperforms industry models in third-party testing, has high hit rates in key U.S. markets, reliable accuracy, and transparent confidence scores.
- FITCH Ratings Recognition: Recognized by FITCH ratings as a top AVM, solidifying its reputation for excellence.
- Bias and Redlining Studies: Proven to produce fair and accurate valuation results through detailed bias research and historical redlining studies.
- National Coverage: Offers comprehensive national coverage with consistent accuracy and meaningful confidence scores.
- Specialized Variations: Specialized variations for default properties, portfolio needs, and expert-assisted valuations. Optional natural disaster impact data.
ValuSTREAM™: The Optimized AVM Cascade
- High-Performance Cascade: Developed to exceed the highest standards of quality and performance, optimized through independent third-party testing powered by CoreLogic® OptiVal.
- Fully Managed Solution: ValuSTREAM eliminates the need for constant cascade adjustments, providing a hassle-free experience.
- Tailored Valuation Strategies: Offers flexible frameworks that align with specific business objectives, whether prioritizing accuracy, market coverage, or a balanced approach. ValuSTREAM Options:
- Accuracy Focused: Maximize valuation accuracy with strong hit rates and broad coverage.
- Coverage Focused: Identify markets for opportunities or risks, enabling proactive portfolio management.
- Balanced: Leverage data-driven insights to lower costs and strengthen risk mitigation.
- Compliance Standards: Meets stringent compliance standards, making it a trusted choice for financial institutions navigating regulatory requirements.
Why Choose Veros?
- Proven Performance: Veros is committed to providing accurate and reliable valuation solutions.
- Transparency: Veros is happy to share detailed performance test results for VeroVALUE AVM and ValuSTREAM upon request.
- Expert Support: Veros’ team of experts is dedicated to helping you explore your options and make the best choice for your needs.
Take the Next Step:
Don’t let the discontinuation of one AVM disrupt your valuation processes. Contact Veros today to learn more about VeroVALUE and ValuSTREAM and discover how these solutions can empower your business. We’re here to help you navigate this change and make informed decisions for your valuation needs.
