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If you’ve been following the Valuation Review coverage of the growing number of alternative valuations, you’ve no doubt heard of the collateral valuation report (CVR). In fact, the CVR’s popularity has grown so much that chances are you’ve probably been trained and completed a CVR or know an appraiser who has. The CVR was one small step for valuations, but the new update — CVR 2.0 — is positioned to be one giant leap for the industry.
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