Appraisal Buzz

MAY 6, 2024

Today, we are announcing a new step in our work to root out racial and ethnic bias in home valuations, which will give borrowers greater ability to have their home valuation reconsidered.” Our new policies will arm homeowners, lenders, and FHA with a clear process to address biased or inaccurate appraisals.”

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Housing Wire

MAY 11, 2021

Unfortunately, the ability to obtain information on individual property data about these two factors is hard to come by, short of an interior physical inspection. This is why most automated valuation models (AVM) default to assessing “average” quality and condition. Realtor Comments Hold Vital Info.

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Appraisal Buzz

OCTOBER 18, 2021

In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? I am defining the market boundaries and pulling the competing property information and neighborhood composition information.

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Appraisal Buzz

AUGUST 1, 2022

The examples are not intended to imply that information on zoning is necessary in all appraisal reports. Stating the information and not helping the reader understand what methods and techniques were used and the reasoning on your conclusion is not meeting the bar. Simply stating that you made an adjustment for GLA at this rate (Etc.)

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Housing Wire

SEPTEMBER 2, 2021

That estimate (complete market cap information had yet to be fully incorporated into trading data by Thursday afternoon) is based on the company’s 300 million shares of common stock, and falling short by 10% of its $10 per share benchmark. At an assumed $10 per share, that gets you about a $3 billion valuation.”.

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Appraisal Buzz

JANUARY 24, 2022

RemoteVal training will help appraisers spend more time on professional analyses while maintaining overall control of the inspection process,” said Renee Altier, President, Valuation and Property Services, Colibri Group, whose businesses include McKissock Learning. For more information, please visit incenteram.com.

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Housing Wire

JULY 13, 2021

If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. Companies ranging from small credit unions to large mega-servicers can benefit in multiple ways from having a detailed MSR valuation embedded in their daily processes.

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Housing Wire

OCTOBER 22, 2020

Stewart Appraisal Management , a subsidiary of Stewart Information Services Corp., announced on Thursday it acquired valuation services company Pro Teck Valuation Intelligence. Stewart is looking to strengthen and expand its scale in the appraisal and valuation solutions space.

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Housing Wire

APRIL 30, 2022

As businesses around the globe continue to streamline their processes with the help of tech advancements, residential valuation services are doing their part to keep pace. subsidiary and Radian company, offers 21st-century valuation solutions that take home price estimates to a new level.

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Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

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Appraiserblogs

APRIL 9, 2024

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal. Should "property data collectors" who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards?…

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Housing Wire

SEPTEMBER 20, 2021

For more information on RemoteVal, click here. The post How do remote valuation solutions benefit appraisers? Unlike other solutions that force the homeowner to download an app, learn how to use the app and then take pictures of their home, RemoteVal gives the appraiser full control. . appeared first on HousingWire.

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Housing Wire

MARCH 31, 2021

Eight days after Compass unveiled a hoped-for Wall Street valuation of over $10 billion, the New York City-based residential brokerage has significantly scaled back its ambitions for an initial public offering. The revised hoped-for valuation puts Compass closer to Bellingham, Washington-based brokerage eXp , which had a market cap of $6.4

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Housing Wire

MARCH 21, 2023

The government-sponsored enterprise (GSE) approved six vendors following the roll-out of its new valuation initiative. The list includes some of the biggest names in the mortgage tech space — Solidifi, Class Valuation , Clear Capital , Mueller Services, Inc. Accurate Group and Black Knight ‘s Collateral Analytics LLC.

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Housing Wire

MARCH 27, 2024

Clear Capital , a real estate valuation technology company, has broadened its collaboration with data management platform Cherre , the companies announced on Wednesday. Additionally, customers will be able to automate, standardize and validate data from multiple third-party sources.

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Housing Wire

SEPTEMBER 24, 2020

The New York-based mortgage lender, backed by Kleiner Perkins, Goldman Sachs and Citigroup , told investors it expects revenue to jump from $100 million in 2019 to north of $800 million this year, sources told The Information. LoanDepot, which has both retail and wholesale divisions, is eyeing an IPO at a potential $15 billion valuation.

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Housing Wire

MARCH 2, 2021

If you’re working with several vendors for separate services, it can take even longer as underwriters wait for all the reports and information they need to arrive from various sources. HW: How can integrating title and valuation data points alleviate those pain points? Altisource and HomeVal are here to help do that.

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DataMaster

SEPTEMBER 29, 2023

29, 2023 – Class Valuation is pleased to announce that Jennifer Tossavainen has joined the company as managing director of DataMaster, the gold standard for property data management software. We are more than thrilled that Jennifer chose to come join our team,” Class Valuation Chief Innovation Officer Scot Rose said. TROY, MI — Sept.

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Housing Wire

JUNE 24, 2021

Buyside’s new feature enables the millions of homeowners who are currently receiving a Home Valuation Report from Buyside, to now see a personalized Home Equity Dashboard. For more information, visit getbuyside.com or email sales@getbuyside.com.

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Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Comparables can help agents assess current market trends, and make informed decisions when it comes to a fair offer price.

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Housing Wire

MAY 2, 2021

To effectively complete the valuation process, lenders and mortgage companies need access to accurate data. Red Bell’s automated valuation solutions leverage large-scale data from over 400 MLS’s, covering over 90% of the U.S., Each service is uniquely suited to a variety of use cases.

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Appraiserblogs

AUGUST 2, 2022

On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. The post VA Alternative Valuation Methods appeared on Appraisers Blogs.

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Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. Quantarium, an artificial intelligence and RE data analytics company, along with Valligent Technologies, a valuation technology innovator and an appraisal management company, created QVM Insights.

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Housing Wire

MAY 2, 2021

To streamline the appraisal process, lenders and appraisal management companies (AMCs) need a trusted, one-stop resource to obtain cost-effective, transparent, automated and robust valuation solutions. Our comprehensive valuation solutions are broad in range, deep in scope and include extensive data coverage. of the U.S. population.

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Housing Wire

SEPTEMBER 13, 2023

This latest product uses computer vision to assess aerial imagery from airplanes and other sources and extracts information about property conditions, with a focus on marketability and property value , the company said Wednesday. The solution renders an array of nationwide property information available in one PDF report.

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Appraiserblogs

JULY 22, 2022

To establish an independent agency to be known as the Federal Valuation Agency that would oversee the appraisal industry in the name of “equity.” Secret HUD Meeting on 'Appraiser Bias' The exclusion of the appraisal profession from events looking at valuation bias sends the message – intentional or not –….

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Housing Wire

NOVEMBER 15, 2023

Property research, comprehensive valuation and remodeling insights will all be available in one place. BHR’s flagship product, RealReports, gathers property data , ranging from climate risk to property valuation, in one place. RealReports pulls information from over 30 data providers.

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Housing Wire

JUNE 30, 2021

ServiceLink’s unique tech-enabled mortgage services include valuations as well. We have a valuations team solely dedicated to the wholesale market, whose dedicated hands-on approach ensures milestones and commitments are met. Clients are able to quickly schedule their appraisal inspection, without phone tag or other scheduling delays.

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Housing Wire

SEPTEMBER 22, 2023

By leveraging selective data and cutting-edge technology, the solutions from homegenius Real Estate help lenders make informed and efficient decisions. That information is then provided to a licensed appraiser in the state who reviews the pertinent information within the inspection to set and support an opinion of value on the property.

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Appraisal Buzz

APRIL 8, 2024

As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. This means that instead of relying on a single entity (like a bank) to keep track of transactions, blockchain distributes this information across multiple nodes.

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Housing Wire

JUNE 9, 2023

“The proposed guidance advises on policies that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal ,” the announcement states.

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Housing Wire

MAY 2, 2021

Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states. NAN’s valuation solutions give lenders the chance to evaluate, select and manage appraisers based on their quality and performance.

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Housing Wire

AUGUST 7, 2023

and Bradford Technologies announced their partnership at the Valuation Expo in Las Vegas on Monday. The process encourages the use of emerging technologies to capture property information, imagery, and floor plans.” Computer vision and AI solutions provider Restb.ai

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Appraisal Hub

DECEMBER 20, 2023

As a subject expert in property valuation and appraisal services in Toronto, I want to guide you through the importance of professional real estate appraisal and how it can benefit you. They are the key to making informed decisions in Toronto’s real estate market. Appraisers in Toronto, like those at Appraisal Hub Inc.,

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Housing Wire

MAY 1, 2024

“Today, we are announcing a new step in our work to root out racial and ethnic bias in home valuations, which will give borrowers greater ability to have their home valuation reconsidered.” The new guidance is effective for FHA case numbers assigned on or after Sept. Handbook at a later date.

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Housing Wire

OCTOBER 23, 2023

From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract. Valuation – The valuation stage can also be considered the preliminary due diligence stage. Sellers must be prepared for complete transparency and to provide the innermost details of their company.

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Housing Wire

APRIL 9, 2024

Fannie Mae this month issued a recent progress report on its ongoing effort to scan appraisal reports for “prohibited or subjective language,” updating stakeholders on a process that began in 2021 to rid appraisal reports and valuation decisions of verbiage that could be construed as contributing to appraisal bias.

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