Reggora says it will cover mortgage repurchase, LLPA losses tied to appraisal defects

Appraisal management software company Reggora is adding a repurchase and loan-level price adjustment (LLPA) warranty to its appraisal review solution. The valuation tech company said it will cover any financial loss associated with a repurchase or LLPA adjustment due to an appraisal defect. Reggora is believed to be the first company to do so based[…[…
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