Altos Research launched a new technology product to give investors forward looking insight on changes in home prices.
Released as part of its AltosEvaluate Mortgage Analytics Suite, the Forward Valuation Modeling (FVM) forecasts prices changes in each local market over the next 3,6, and 12 months based on the strength or weakness of any given local real estate market thus improving loan and pool level analytics for more precise asset pricing.
“Altos clients know that real-time housing data is vital to understanding distinct local markets and is rich with leading indicators of future home price changes. They’ve asked us to apply our analytical expertise to know more precisely how much to adjust housing asset valuations,” said Michael Simonsen, CEO of Altos Research. “That’s exactly what the FVM does. With the power of the FVM technology, you learn how much to discount, or increase, an asset’s value in the coming year – and adjust your bids accordingly.”
The company said the FVM is a great fit for asset managers, REO managers, originators, service providers, or anyone who needs to know the future of mortgage assets.
“We strive for greater clarity and insight for our asset management clients,” said Ken Blevins, Jr, president and CEO of PMH Financial. “Using the FVM lets us give our clients not only a current valuation, but also a view of how that home price is likely to change in the next three to twelve months.”
