CMHC's automated appraisal system allows for far more rapid real estate price increases than the manual approach (person appraiser) did and does and furthermore CMHC's insurance coverage takes the concern of over-priced homes off of the Banks balance sheets. (remonline.com)
The Department of Veteran's Affairs (VA) provided LoanSafe Appraisal Manager (LSAM), a new automated appraisal review tool, to all VA lenders. (nar.realtor)
On June 12, 2015, The Department of Veteran's Affairs (VA) provided LoanSafe Appraisal Manager (LSAM), a new automated appraisal review tool, to all VA lenders. (nar.realtor)