Failsafe

Identify overvaluation and fraud before you make a loan – or apply it to your back book.

Overvalued property means big losses for lenders. Failsafe identifies over-valuation at mortgage origination, helping you to reduce risk.

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Talk to us about how we can help your business.

Minimise overvaluation

Failsafe identifies mortgage valuations that have a high probability of over-valuation. You can apply Failsafe to your back book, or use it as part of your loans approval process to assess valuations in real-time.

High performance

Failsafe has been designed to maximise the benefits while minimising false positives.

Easy management

Once an over-valuation is identified, Failsafe’s case manager makes it simple to appraise the valuation, and then accept or reject it. Our customised workflow process holds your flagged cases for review and action, and easy integration with Hometrack's AVM provides an end-to-end solution.

Seamless risk management

Lenders use Failsafe as part of their mortgage origination process. Because it integrates with Hometrack's Automated Valuation Model (AVM), it gives them a seamless risk management solution.