HPI™

Benefits

HPI (Home Price Index) is an index-based automated valuation
model (AVM) that can help you manage your residential real
estate portfolio with the most accurate market value indexes
available. HPI incorporates the latest technologies which allow it
to process more data with greater speed and precision. With HPI
you can pinpoint up-to-date appreciation or depreciation rates
for housing markets anywhere in the United States and even drill
right down to a specific property within a defined price range.

Benefits

Confidence Score
For each HPI valuation a confidence score is provided that
indicates the probability that the estimated value is within
+/- 10 percent of the actual value. The higher the score, the
more reliable the estimate.

Objective
HPI provides objective and reliable valuations, increasing your
accuracy in forecasting the risks of loan defaults.

Up-to-Date
HPI indexes are updated each and every month, as much as two
to four months in advance of other service providers, ensuring
you have access to the most recent information available.

Efficient
HPI allows you to quickly, easily and economically value large pools
of multiple properties at once.

Customizable
HPI allows you to customize your index selection criteria to your
specific requirements. You can also supply your in-house modeling
applications with HPI data.

High Hit Rate
HPI delivers the highest hit rate and most extensive coverage
in the industry with a data warehouse of over 200 million historical
sales records.

Accuracy
Indexes are divided by property types as well as price tier utilization so appreciation/depreciation is contained within properties of similar value.

Achieve greater insight regarding business opportunities and challenges.

HPI is a valuable addition to any business dealing with residential properties that is looking for increased efficiencies and enhanced risk mitigation practices.

Industry leaders use HPI for a wide variety of needs including:

• Pro-actively identifying individual mortgages that may have a higher probability of default
• Estimating the potential recovery on individual loans that are in foreclosure
• Portfolio analysis and risk management using loan prepayment and default modeling

Delivery Options

Get the information you need, in exactly the format you need it, with a variety of flexible delivery options.

• Integrated with your servicing system through an XML-based, web services connection
• Custom file fulfillment through File
• Transfer Protocol (FTP) or email

Customer Support

Customer and technical support is available through Client Services, Monday through Friday, 6 a.m. to 5 p.m. PT.