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Home » Insurance Coverage Boosts Use of AVMs in Mortgages
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Insurance Coverage Boosts Use of AVMs in Mortgages

July 28, 2003
The availability of insurance coverage on the work of automated valuation models could greatly enhance the attractiveness of these property value systems. Flagstar Bank recently began using Eagle Cert, an insured valuation solution offered by eAppraiseIT, as a supplement to traditional appraisals for first and second mortgage lending in its broker and correspondent businesses.
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