An automated valuation model (AVM) can be an incredible tool to identify fraud. As it relates to the Purview For Lenders tool, when a property report is generated it will include both an AVM and Fraud Checks among other property information. This enables you to quickly check for suspicious or fraudulent activity and flag applications for further investigation.
This short training video outlines how to use the configurable Fraud Check models of the Purview For Lenders property report to help identify if any suspicious activity is present on your deal.
After watching this video, if you have further questions about generating or reviewing your Purview For Lenders property report please visit www.purview.ca/lenders. Not a Purview For Lenders client? Find out more about this revolutionary product today by contacting 1.855.787.8439.