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Atlas VMS launches insurance-backed appraisal warranty for lenders

Valuation and mortgage solutions company Atlas VMS on Thursday announced the launch of Atlas LoanShield, an insurance-backed appraisal warranty designed to protect mortgage lenders from financial losses tied to appraisal defects that lead to loan repurchase demands. Loan repurchase risk remains a key concern for originators and aggregators as agencies and investors continue to scrutinize…