RBS Reaches Landmark for Mortgage Valuation Risk Management

Offers a “new level of risk analysis for every single application”

Royal Bank of Scotland (RBS) will adopt Landmark Valuation Services (formerly Quest) Valuation Risk Model (VRM) for its mortgage valuation process for both RBS and NatWest.

With the help of real estate analyzes as well as land and environmental data, VRM helps banks to carry out an automated assessment in which the risks are classified as “low”.

Where a physical inspection is deemed necessary, VRM assists the assessment …

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