ML Procise

First American Data & Analytics FraudGuard® Solution Now Helps Reduce Risk in Home Equity Lending, Valuation, and SCRA Compliance

Retrieved on: 
Wednesday, May 10, 2023
Banking, Professional Services, Data Management, Technology, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Retail, Public Relations, Investor Relations, Legal, Insurance, Communications, FAF, SCRA, API, Risk management, Military personnel, American Financial Group, American Data Privacy and Protection Act, AVM, Servicemembers Civil Relief Act, ML Procise, First American Corporation, NYSE, Automation, Bank

The new features include the integration of the First American Procision™ AVM suite and the additions of a senior-lien review module designed for home equity lending and a military status verification module.

Key Points: 
  • The new features include the integration of the First American Procision™ AVM suite and the additions of a senior-lien review module designed for home equity lending and a military status verification module.
  • First American Data & Analytics runs Procision AVM valuations on every residential property in the U.S. every day and the company also updates the underlying data that fuels the Procision AVM suite daily.
  • FraudGuard is the first fraud analytics solution accessible through the latest Encompass Partner Connect™ API platform.
  • The integration allows lenders to leverage automation to systematically trigger FraudGuard reports and analysis based on customizable business rules.

First American Data & Analytics Introduces Procision™ Automated Valuation Model Suite

Retrieved on: 
Thursday, August 18, 2022
Software, Networks, Internet, Professional Services, Fintech, Data Management, Technology, Commercial Building & Real Estate, Construction & Property, Data Analytics, REIT, Finance, Documentation, American Financial Group, Industry, NYSE, FAF, Fortune, AVM, Technology, First American, ML Procise, Marketing, Risk management, First American Corporation, Trust, Solution, Great Places, Commercial property

Our new Procision AVM suite leverages the most sophisticated modeling techniques, the latest machine-learning technologies and the industrys largest property and ownership database to set a new standard for accuracy and reliability, said Robert Karraa, president of First American Data & Analytics.

Key Points: 
  • Our new Procision AVM suite leverages the most sophisticated modeling techniques, the latest machine-learning technologies and the industrys largest property and ownership database to set a new standard for accuracy and reliability, said Robert Karraa, president of First American Data & Analytics.
  • For added accuracy and currency, First American Data & Analytics runs Procision AVM valuations on every residential property in the U.S. every day and the company also updates the underlying data that fuels the Procision AVM suite daily.
  • First American Data & Analytics has tailored the Procision AVM suite to offer solutions that fit the performance and cost requirements specific to varying client needs.
  • First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions.