Archive for April 21st, 2010

Of 1004s and One-Trick Ponies: The Rise of Alternative Valuation Reports

Of 1004s and One-Trick Ponies: The Rise of Alternative Valuation Reports

What are Alternative Valuation Products? In a nutshell, the term is used to describe any product that provides a valuation to a lender, but is not intended to meet the guidelines or format of Fannie and Freddie. In other words-anything besides a 1004.