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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

A recent federally commissioned report further detailed the appraisal industry’s dysfunctional regulatory regime. In October 2021, FHFA Acting Director Sandra Thompson announced to a crowd of mortgage industry professionals that desktop appraisals would become permanent, starting early in 2022.

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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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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

The bill summary was: Relates to the registration of real estate appraisal management companies or an individual or business entity that provides appraisal management services to creditors or to secondary mortgage market participants including affiliates by the department of state.

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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. Clear Capital’s innovative technology and suite of data-driven products aim to solve the real estate and mortgage industry’s most pressing challenges. About ValueLink.

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ValueLink Offers Automated Ordering of Clear Capital’s Collateral Desktop Analysis in Their Appraisal Management Platform

Clear Capital

Collateral Desktop Analysis provides transparency and efficiency to ValueLink customers conducting appraisal reviews. “Ensuring quality, transparency and efficiency throughout the appraisal process are key factors in moving the industry forward, modernizing processes, and establishing national standards. .