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Clear Capital expands its partnership with ValueLink

Housing Wire

Real estate valuation technology company Clear Capital announced on Wednesday that it has expanded its partnership with ValueLink , a valuation management platform, to offer better support for appraisal modernization policy changes. The company’s goal is to provide customers with an understanding of every U.S.

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Clear Capital and ValueLink Expand Partnership to Support Recent Appraisal Modernization Policy Changes

Clear Capital

In support of the appraisal modernization policy changes, it’s imperative that we are able to provide lenders with an efficient and seamless experience,” said Kenon Chen , EVP of Strategy and Growth at Clear Capital. For borrowers, this modernization can provide upfront value certainty and reduced costs for eligible loans.

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Class Valuation Hires Industry Leader to Grow DataMaster  

DataMaster

In this role, Tossavainen will oversee DataMaster’s day-to-day operations, implement strategies to enhance efficiency, and build upon the company’s vision to grow a technology platform that modernizes the appraisal space. Founded in 2009, Class Valuation is headquartered in Troy, Michigan.

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Like it or not, desktop appraisals are here to stay

Housing Wire

Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal. A Fannie Mae spokesperson said that appraisal modernization and digitization, and specifically the launch of desktop appraisals, can offer different career opportunities for a new generation of appraisers.

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Dan McAlister, Vice President of Product at Clear Capital, named one of HousingWire’s Rising Stars

Clear Capital

Dan joined Clear Capital in 2009 as a QA Analyst and has consistently risen through the ranks, achieving the role of VP of Product in 2023. During his tenure, he has played an instrumental role in Clear Capital’s work alongside Fannie Mae and Freddie Mac to refine and modernize the appraisal process.

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ValueLink integrates with Clear Capital to deliver advanced valuation solutions to lenders and AMCs

Clear Capital

A declining appraiser population coupled with a surge in origination volumes has accelerated efforts to modernize the valuation process. A proven leader in appraisals, Clear Capital’s hybrid and desktop offerings are driving modernization in the valuations space. About ValueLink.

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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

It sent shockwaves through the AMC-types because, in my view, it effectively destroyed their ability to hide how much they are gouging the consumer and how little the appraiser gets from the actual "appraisal fee" (typically less than half). This is why we need consumer protection in the mortgage business.

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