How does Freddie Mac ensure accuracy of the HVE data?
HVE is continually tested by third-party AVM testing companies, distributors and large national lenders. HVE undergoes regular analysis within Freddie Mac as part of our internal model validation process. We perform extensive in- and out-of-sample testing. Each quarter, the model is recalculated based on analysis of the current quarter’s data which ensures the ongoing accuracy of the values.