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Appraisal alternatives likely to come with risks, report says
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Alternatives to traditional appraisals are drawing increasing interest among U.S. mortgage market participants.
This is signaling increasing use of these alternatives is likely over the coming months or years, according to a report from Moody’s Investors Service.
Read on for more information from this report and see comments from selected industry experts obtained by Valuation Review in previous stories on hybrid appraisals.
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