Real Estate & Home

Atlas VMS launches insurance-backed appraisal warranty for lenders

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Atlas VMS has launched Atlas LoanShield, an insurance-backed appraisal warranty to protect mortgage lenders from financial losses due to appraisal defects. This tool aims to reduce repurchase risks, enhance lender confidence in collateral valuations, and speed up the underwriting process. Developers and tech professionals should watch how this innovation influences the selection of appraisal management companies by lenders, particularly in high-risk areas.

Read the full article at HousingWire

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