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Veros Launches VeroPACE to Assist Lender Compliance

Veros Launches VeroPACE to Assist Lender Compliance

"The passage of this legislation significantly changed the valuation process for PACE loans, which are used to finance greater energy efficiency in homes,” said Veros VP of Sales Rob Walker. “Historically lenders could process a PACE loan in California using the results of a single AVM, but they now need three AVMs and must use a new method of calculating the final value."

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