Awards

2020 HW Tech100 Mortgage Winner: HouseCanary

Technology evaluates more than 500 variables for accurate valuation

With HouseCanary, homebuyers can search, start pre-approvals and transact on 100 million homes, while sellers can estimate potential sales price within 2.5% accuracy. ComeHome by HouseCanary creates an accurate home value because HouseCanary values more than 100 million U.S. homes with a median error of 2.5%. Its technology evaluates more than 500 variables, including view angles, privacy, elevation, lot slope and street noise, and its machine learning recognizes home interior images to value room type, condition and materials, down to countertops and fixtures.

  • HouseCanary’s AVM is one of five AVMs that Fitch has approved for RMBS securitization
  • 98% of all transacted properties valued by HouseCanary fall within Fitch Ratings’ 80% confidence threshold
  • More than half of HouseCanary’s home values merit Fitch’s smallest discount, 2.5%

www.housecanary.com

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HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]

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