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Home » Store » News » AVMs Help Servicers Lower The Costs of Loan Default

AVMs Help Servicers Lower The Costs of Loan Default

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Looking for ways to reduce the costs associated with defaulted loans? Consider an automated valuation model. In general, experts say, the lower credit quality and higher balances associated with subprime loans make them particularly susceptible to the risk of appraisal bias because collateral value becomes essential to getting the deal done.
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