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Old Republic National Title Insurance Company, through its Old Republic Network residential information services division, introduced a new automated valuation model product late last year.
ORN's statistical AVM provides customers an alternative to traditional appraisal services to determine market values and check other forms of collateral assessment. The AVM draws information from a continually updated national repository of real estate information covering over 250 counties. By the end of last year, approximately 500 counties were covered, and the company said it plans to double that coverage ...