Black Book Adds New Software Integration

By Staff Writer September 18, 2018

Black Book announced its History Adjusted Valuations (HAV) data and resources will be integrated into an interface with defi Solutions, an innovator in lending industry software.

History-Adjusted Valuations are a VIN-specific; analytics-driven resource that delivers Black Book’s most precise vehicle valuations, helping automotive professionals determine the impact a vehicle’s history has on its value. Defi Solutions becomes the first loan origination platform to include Black Book’s HAV data feed, and users benefit by identifying undesirable deals prior to the origination process.

“Having the most precise, accurate value possible is extremely critical during the loan origination process,” said Jared Kalfus, executive vice president, revenue at Black Book. “The ability to establish the right value at the time of origination has several spillover effects, such as loss reduction and healthy long-term portfolio expansion potential for each lender.”

Last modified on Tuesday, 18 September 2018 14:12

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