Industry News

GMAC launches real estate appraisal alternative

AVM aims to reduce costs, streamline lending process
Published on Jun 22, 2004

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by CareyBot

GMAC’s Residential Funding Corp. is implementing a new home appraisal alternative that it says will reduce costs and streamline the underwriting process for its mortgage lending partners and for homeowners within Assetwise, its automated loan evaluation tool. The new automated ...

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