Appraiser News, Technology Corner
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Senior manager shares key HELOC, AVM points to assist appraisers
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Valuation Review spoke with John Holbrook, senior manager of product management of valuation analytics for ICE Mortgage Technology, who outlined important details relating to home equity loans and lines of credit (HELOC) where lenders have often relied on full appraisals and other valuation methods.
Specifically, Holbrook noted collateral risk policies for HELOCs are not the same as GSE collateral policies.
Read Part I of our feature with Holbrook.
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