Automated Valuation Model Common Confidence Score Standard and Guidance
MISMO® is seeking public comment through June 21, 2025, on the Automated Valuation Model Common Confidence Score Standard and Guidance.
Automated Valuation Models (AVMs) are cost-effective tools used to calculate home values and improve the quality of risk-based decision making for lenders. MISMO has standardized the calculation of the confidence score that shows the expected accuracy of the model’s valuation..
The Automated Valuation Model Common Confidence Score Standard and Guidance is the first of a suite of MISMO standards designed to:
- Support the industry in communicating risk more effectively;
- Support greater adoption of AVMs among lenders, and
- Assist with compliance with the Interagency Rule on Quality Control Standards for Automated Valuation Models.
The public comment period allows at least 30 days’ notice prior to final release to review and disclose any applicable Patent Rights (as defined by MISMO's 2018 Intellectual Property Rights Policy).
Access Information for Members
MISMO Members can access the work product in the Resource Library housed on MISMO's Collaboration Site, "MISMO Connect" here.
Access Information for Non-Members
Non-MISMO members can access the work product here.