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4 | TH E M R EP O RT MTECH HouseCanary Announces Additional HPI Outlet FIRST AMERICAN WILL NOW OFFER ACCESS TO THE BRAND'S HOME PRICE INDICES. H ouseCanary, a modern data analytics company for real estate profession - als, announced that mortgage lenders and servicers can now access the nation's most granular and accurate Home Price Indices (HPIs) and forecast models from HouseCanary through First American Mortgage Solutions, LLC, a subsidiary of First Ameri - can Financial Corporation. "We selected HouseCanary HPIs to further enhance our industry-leading real estate data offerings, allowing our lender and servicer clients to more ac- curately assess and forecast risk in their portfolios," said Kevin Wall, President of First American Mortgage Solutions. "Mounting price dispersion within lo- cal markets and the ability of HouseCanary's advanced analyt- ics to deliver insight into these markets at the zip code level pro- vides lenders and servicers with an opportunity to upgrade their risk management and forecasting capabilities." According to HouseCanary, its unique valuation models process hundreds of inputs from capital markets to local crime and include views from individual properties. By doing this, they are able to forecast home-price appreciation or identify risk with unparalleled precision and local granularity. "By leveraging HouseCanary's HPI forecasts as part of First American Mortgage Solutions' suite of products and services, lenders, and servicers can catch market moves early and man - age risk with improved confi- dence," said Christopher Stroud, HouseCanary's Chief of Research. Powered by modern ma- chine-learning algorithms that meticulously analyze historic, current, and future price trends yielding 40 years of history, HouseCanary's HPIs offer the industry's most accountable three- year forecasts. The algorithms rebuild their data models every month to continuously look for new home value trends within thousands of analyzed data points to provide coverage for all 381 metro areas in the U.S. and more than 18,000 residential zip codes. The result? A 94.3 percent directional accuracy for a one- year forecast. This translates into the most-detailed minutiae for thousands of local markets. Purdy Selects FotoNotes as Technology Solution THE FIRM WAS RECENTLY AWARDED TWO HUD CONTRACTS. P urdy Enterprise, a prop- erty services firm, has selected FotoNotes, a leading mobile and cloud field service management platform, as its technology solution for managing property inspections, maintenance work orders, and other field service activities. Purdy Enterprise, which offers a comprehensive range of field services, maintenance, prop - erty management, and investor services, was recently awarded two Field Service Management (FSM) contracts from the U.S. Department of Housing and Urban Development (HUD). "We selected FotoNotes because A Never-Ending Evolution The industry's top tech providers just keep pushing forward. With new tools, emerging partnerships, and expanding team rosters, they're driving change in mortgage and beyond.

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