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CATC DELIVERS ON EFFORTS TO INCREASE AWARENESS OF AUTOMATED COLLATERAL VALUATION TOOLS

Essay specific features

 

Issue:

Business

 

Written by:

Nancy G

 

Date added:

September 13, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 373

 

Was viewed:

6407 times

 

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Essay content:

The CATC originated in 2004 in response to a growth of misinformation and a general lack of awareness regarding these technologies, their strengths, weaknesses, proper evaluation and appropriate use. An original goal of the CATC is to establish best practices and testing standards for automated collateral assessment tools...
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In its first session in San Diego, Darius Bozorgi of Veros, announced that this remains a key goal of the CATC, with continued efforts being undertaken to bring these practices and standards to the public. The CATC is working closely with the users of these products, specifically large banking and mortgage lending institutions, to fine tune these before releasing...
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General issues of this essay:
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