Fitch Ratings Recognizes Quantarium AVM for Wall Street Transactions

Fitch Ratings Recognizes Quantarium AVM for Wall Street Transactions

Fitch: Quantarium’s AVM Accepted for Use in Residential Mortgage-Backed Securities (RMBS) 

BELLEVUE, Wash., April 27, 2023 /PRNewswire/ — Quantarium, the top-ranked Automated Valuation Model (AVM) provider for real estate valuations, announced today that its Quantarium Valuation Model (QVM) is Fitch-rated and reviewed, according to a Fitch Ratings announcement.

This significant designation provides Capital Markets the optionality and assurance for incorporating the valuation industry’s leading Artificial Intelligence AVM service platform into their decisioning and monitoring workflows. 

Read the announcement from Fitch Ratings. 

“Quantarium is pleased that stakeholders in Capital Markets can incorporate our QVM service,” said John Smintina, Ph.D., Chief Analytics Officer and Quantarium Co-Founder.  “The synthesized offering of Quantarium’s Data Lake, QVM and computer vision service offers stakeholders, through a single provider, unmatched performance in the industry.”

Over the years, QVM has been continuously independently tested and top ranked for its use in home purchase transactions, home equity lending, portfolio review and quality control, according to the leading third-party AVM testing company.

Additionally, Quantarium has recently been recognized for its industry-leading innovation in the real estate market, earning the HousingWire 2023 Tech100 Real Estate Award for TerraIndex –  Quantarium’s Market Velocity Home Price Index (HPI). Learn more about TerraIndex here

About Quantarium 

Located in Bellevue, WA, Quantarium was founded by a team of leading scientists and Ph.D.’s. The company has designed and developed an innovative and enabling set of AI and Visual Technologies currently being deployed across multiple real estate industry sectors. Quantarium is one of the most accurate sources of property insights for over 157 million U.S. properties and trusted by major mortgage lenders, financial institutions builders, direct marketing agencies, and real estate professionals across the nation. With a technology suite that is different in kind, then degree, the company’s products and services uncover and capitalize on the core DNA of vertical industries. From genetic modeling property valuations and markets that understand and interpret real estate data as expressed through synthetic future populations, to CV adjusted values, Quantarium offers real AI to drive real value

For more information, visit: www.quantarium.com. Business Inquiries for Quantarium: 
Quantarium 
+1 424 210-8847, #1 
[email protected] 

Media Inquiries for Quantarium: 
Romi Mahajan | KKM Group 
[email protected] 
+1 425 591 7664 

SOURCE Quantarium

Originally published at https://www.prnewswire.com/news-releases/fitch-ratings-recognizes-quantarium-avm-for-wall-street-transactions-301809191.html

business banners

Latest posts

CSX Corp. Announces First Quarter 2024 Results

JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX)...

The Rosé Social Club in LA Adds New Beauty Shopping and Travel Member Rewards

Love to Shop in Paris Join The Rosé Social Club! Participate in Recruiting for Good referral program to enter sweet...

Governor Ron DeSantis Appoints Five to the Government Efficiency Task Force

TALLAHASSEE, Fla. — Today, Governor Ron DeSantis announced the appointment of Pedro Allende, Tarren Bragdon, Eric Hall, Sal Nuzzo, and Jason Weida to the...

Coppin State University to Highlight Decades-Long Partnership with Fischer Identity at MEEC

Coppin State University to highlight decades-long partnership with Fischer Identity at Maryland Education Enterprise Coalition (MEEC) event sponsored by CDW. NAPLES,...

Pineapple Financial Inc. Introduces Intuitive Mortgage Document Management, Doc Genius, for PineappleONE

TORONTO, April 11, 2024 /PRNewswire/ - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network...

Evolve Anti-Aging & Wellness Introduces Styku 3D Body Scanning: Rely On Visual Progress, Not Just the Scale

Evolve Anti-Aging Wellness Center Rely On Visual Progress, Not Just the Scale We understand the importance of accurate progress tracking. With the...

Compass Real Estate Agent Ryan Waugaman Sheds Light on Bitcoin-Backed Mortgages in Miami’s Thriving Market

Miami Realtor focused on Crypto-backed real estate solutions. Miami realtor Ryan Waugaman helps clients leverage Bitcoin for homeownership through crypto-backed mortgages,...
celebrity reality tv