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February 29, 2008
InsideValuation Updates Collateral Risk Scoring Model
InsideValuation upgraded its collateral risk-scoring model, InsideRisk. The upgraded version evaluates economic and demographic data linked to nearly 43,000 five-digit residential zip codes to measure the level of risk associated with economic and demographic variables.
The five variables that are evaluated by InsideRisk include affordability, unemployment, property crime, violent crime and gross rent multiplier. These variables are categorized by five risk rankings: low, average, elevated, high and very high.
Posted by S. Germain at February 29, 2008 08:13 AM