What is a CVR?
CVR stands for Collateral Valuation Report. A Collateral Valuation Report (CVR) is an innovative, USPAP-compliant valuation product that is completed by a licensed and certified appraiser who has local market knowledge, and training sufficient to drive the powerful analytics that power the CompCruncher product. A CVR is a best-of-class valuation solution for lenders who need supportable values, efficient turn-around, and cost-conscious pricing.