Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Modernization 224

Modernization Appraisal HOA Valuation 224

Housing Wire

SEPTEMBER 7, 2023

The Appraisal Institute , the nation’s largest professional association of real estate appraisers, appointed Cindy Chance as chief executive officer, the trade organization announced. The Appraisal Institute has been criticized for a lack of diversity in its ranks and acknowledged a need to modernize. as Hispanic.

Appraisal 296

Appraisal Valuation Government Modernization 296

Housing Wire

AUGUST 2, 2023

Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Lenders typically use appraisal management companies (AMCs) to transfer the compliance burden associated with AIR.

Appraisal 266

Appraisal Valuation Design Modernization 266

Appraiserblogs

MARCH 17, 2022

Here’s the link to the ‘slide show’ the GSE’s have produced showing proposed design of the future, revised, URAR appraisal form. If this is what the final version will be like, the appraiser’s time to ‘complete the form report’ may increase exponentially. It may mean that the cost of the appraisal will increase.

Design 126

Design Modernization Appraisal Lending 126

Appraisal Buzz

JULY 19, 2021

In fact, I only know of four professions where people earn their living by stating their opinions: doctors, judges, economists, and professional real estate appraisers. Over the years, I’ve found being an appraiser to be a challenging but highly rewarding occupation. Problem solving is what appraisers do.

Appraisal 397

Appraisal Modernization Real Estate Valuation 397

George Dell

MARCH 17, 2021

Legacy appraisal practice “the valuation process” is well established. It is not designed to use modern methods toward objective, unbiased results. The post Is Appraisal Inherently Biased? Therein lies the problem. First, lets distinguish the different kinds of bias. We need to separate personal bias from analytic bias.

Appraisal 195

Appraisal Modernization Valuation Design 195

Appraisal Buzz

SEPTEMBER 5, 2022

This is part three of a three part series on appraisal review – Read parts one and two. When interacting with executive managers, I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” The Recent History of Appraisal Revisions. Complexity in Process and Properties.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Housing Wire

SEPTEMBER 21, 2021

Starting March 14, 2022, the Federal Housing Administration (FHA) will require all lenders to use FHA Catalyst for appraisals. The module can also accept appraisals for Home Equity Conversion Mortgages (HECMs), the administration announced last week. How increased regulation presents a huge opportunity for lenders.

Appraisal 411

Appraisal Modernization Property Appraisal Design 411

Housing Wire

OCTOBER 2, 2023

Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders. Xactus Appraisal Firewall X provides data for both processes. Xactus Appraisal Firewall X provides data for both processes.

Valuation 351

Valuation Training Modernization Appraisal 351

Housing Wire

JANUARY 25, 2022

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. How will this affect appraisal technology moving forward? How can technology help mitigate this issue?

Technology 309

Technology Appraisal Modernization Valuation 309

Housing Wire

DECEMBER 6, 2021

So far his venture-backed title company has launched platforms that have sped up title clearance and title insurance acquisition, and they have their sights on expanding into the lending and appraisal space. The post In the race to modernize title, firms double down on software appeared first on HousingWire.

Modernization 376

Modernization Real Estate Agent Insurance Real Estate 376

Appraisal Buzz

OCTOBER 11, 2021

Tell someone that you’re a professional fee appraiser and most folks won’t have any idea what that really means. In truth, human appraisers fill two vitally important roles today, (1) we collect information and (2) we analyze it so it can be presented to our clients. Ours is not the only industry where we see this. Think of oral care.

Appraisal 397

Appraisal Clients Advertising Investors 397

Appraisal Buzz

MAY 14, 2024

Bledsoe has more than 20 years of experience in technology management including leading numerous domestic and international teams through successful large-scale product development efforts, legacy modernizations, and the buildout and maintenance of supporting infrastructures.

Technology 195

Technology Modernization Development Design 195

Clear Capital

AUGUST 30, 2023

AURA is the first AI-driven appraisal review solution in API format that enables lenders to automatically assess images, text and floor plans. LenderX is the first Clear Capital partner to provide lenders with access to AURA, giving them a competitive advantage in streamlining the traditional and hybrid appraisal review process.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Boschetti Jr.,

Design 78

Design Real Estate Architecture Property Management 78

Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. It all starts with the standard appraisal forms used in the mortgage process.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

MARCH 21, 2022

United Wholesale Mortgage (UWM) announced late last year that it would turn the appraisal space on its head by launching an in-house appraisal program. Even if it has not made quite the outsized impact UWM said it would, appraisers mostly like the wholesaler’s new program. New blood in the appraisal space.

Appraisal 397

Appraisal Appraisal Process Client Relationships Valuation 397

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

Modernization 67

Modernization Technology Appraisal Mortgage 67

Clear Capital

FEBRUARY 2, 2022

It’s an exciting time in the mortgage industry, especially for appraisals. Over the past few years, leading companies from across the industry have modernized and transformed how appraisals are manufactured to streamline the lending process and improve the borrower’s experience. What are the benefits of 1004 Desktop appraisals?

Modernization 69

Modernization Appraisal Appraisal Process Inspection 69

Appraisal Today

DECEMBER 16, 2022

Industry Insider Insight on Risk and Modernization. Excerpts: The Collateral Risk Network (CRN) met in Sarasota on December 6th to discuss a variety of issues ranging from appraisal turn times to Fannie Mae’s economic outlook for 2023. Appraisers were encouraged to provide convenience as one aspect of quality. Worth attending.

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Appraisal Buzz

MARCH 25, 2024

Designed by warehouse lenders and built with modern technology, the platform features APIs that enable seamless integrations and automated workflows with both internal and third-party vendors’ systems. The post Forta Solutions Reports First Warehouse Loan Funded Through its Agility Platform appeared first on Appraisal Buzz.

Lending 195

Lending Modernization Technology Design 195

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. That savings can be passed on to borrowers.” That savings can be passed on to borrowers.”

Mortgage 259

Mortgage Modernization Appraisal Process Loan Conditions 259

Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

Clear Capital

JULY 28, 2021

Change can be hard to accept in any industry, including the real estate appraisal business. Now’s the time for appraisers to get on board with techniques and innovations that can complement their expertise – and ultimately lighten their load. Second, it’s worthwhile to explore why many in the industry are resistant to change.

Modernization 69

Modernization Appraisal Training Technology 69

Boston Appraisal

APRIL 18, 2024

Mixed-use developments, which integrate residential, commercial, and sometimes industrial components within a single project, represent a modern approach to urban planning. However, appraising such complex properties presents unique challenges and opportunities for real estate professionals.

Development 78

Development Appraisal Valuation Retail 78

Cleveland Appraisal Blog

MAY 17, 2024

This post from Aspen Appraisal Services will provide all of the information you need to start planning your home renovation. How to Create a Home Office Designing a home office begins with selecting the ideal location, steering clear of spaces like the bedroom or living room to maintain a healthy work-life balance.

Renovations 323

Renovations Appraisal Logistics Decorating 323

Housing Wire

JUNE 28, 2021

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It He reentered the appraisal business through a different door. He reentered the appraisal business through a different door. It fit well. I have always been good with numbers, and I enjoy looking at houses,” he said.

Appraisal 394

Appraisal Valuation Business Contracts 394

Appraisal Buzz

APRIL 10, 2024

This feature is designed to streamline the loan origination process and enhance the application experience by reducing redundant data entry. This integration responds to a growing demand from lenders for tools that provide both their LOs and customers with greater convenience and a more modern technology experience.” “We

Modernization 195

Modernization Lending Technology Design 195

Appraisal Buzz

SEPTEMBER 1, 2021

This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. Ideas of modernization and data integrity have been heavily debated topics in the real estate industry for some time. About PropMix.io.

Appraisal 195

Appraisal Valuation Real Estate Modernization 195

Housing Wire

JANUARY 20, 2022

The residential real estate appraisal industry is staring at a fork in the road. The latest reminder is a report released Wednesday from the Appraisal Subcommittee , a part of the federal government in charge of monitoring appraiser standards. appraisers say they are male, 1.3% appraisers say they are male, 1.3%

Appraisal 326

Appraisal Valuation Real Estate Technology 326

Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Buzz: What is your background in the appraisal industry? Buzz: What are some of the ways appraisers have evolved with new tech?

Appraisal 195

Appraisal Inspection Valuation Real Estate 195

Appraisal Today

APRIL 19, 2024

Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. Industry groups should also step up to support appraisers. It is human nature.

Appraisal 68

Appraisal Contracts Valuation Design 68

Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital invites partners to join them in achieving a shared goal of bringing appraisals along on a digital transformation journey. March 1, 2022 —.

Modernization 69

Modernization Appraisal Valuation Technology 69

Appraisal Buzz

JULY 5, 2022

We live in unprecedented times regarding appraiser scrutiny. Fannie Mae and Freddie Mac review appraisals using Collateral Underwriter and Automated Collateral Evaluation. State boards field complaints about appraisals, often when appraised value is below sales contract price. There is no such thing, not anymore.

Appraisal 221

Appraisal Finance Lending Contracts 221

Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

Valuation 382

Valuation Inspection Training Appraisal 382

Housing Wire

MAY 2, 2021

There’s no denying the complexity of the appraisal process. With so many people involved – including the appraisal desk, loan operations, loan officers, underwriters, the IT/product team, borrowers and appraisal vendors – there’s room for error that could negatively impact the home buying experience.

Appraisal 207

Appraisal Appraisal Process Valuation Loan Officers 207

Appraisal Buzz

MAY 6, 2024

If this trend continues, consumers and appraisers will need to have a heightened awareness of where and how insurance pricing or availability is affecting house prices.” According to Mehlomakulu, ICON’s homes are 350% stronger and are designed to outlive the traditional spec home by nearly triple their life expectancy.

HOA 370

HOA Insurance Legal Fees Valuation 370