Kirchmeyer adds appraisal insurance against faulty valuations

Kirchmeyer adds appraisal insurance against faulty valuations: Kirchmeyer & Associates added loss protection for faulty valuations to its appraisal management services, according to a company release.
The new program, operated in partnership with Group9 Insurance Solutions, shields lenders and investors from losses when "a valuation inaccuracy is discovered" in the case of loan default, foreclosure or buyback, the release said.
Kirchmeyer, based in Buffalo, [...]