Appraisal Buzz

MARCH 21, 2022

Now that the GSEs have approved desktop valuations for purchase, appraisers need a way to collect trustworthy, verifiable data while also submitting floor plans on reports! Join us for our upcoming webinar on March 22 nd at 2 pm, “ Appraiser-Controlled Desktop and Remote Valuations ” with Mark Walser and Lisa Ratzke!

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Housing Wire

FEBRUARY 20, 2024

Appraisal modernization is vital. Gareth Borcherds , managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. Many reasons given for appraisal modernization stem from appraisal turnaround times.

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Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How is Class Valuation leveraging AI? How is Class Valuation rising to that challenge?

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Housing Wire

MARCH 23, 2021

This scarcity catapulted appraisal costs and cycle-times running into three to four weeks in many cases and highlighted the growing need for appraisal modernization, including technological and data-driven solutions and other appraisal alternatives. HW: How does ValueLink technology modernize the appraisal practices?

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Housing Wire

DECEMBER 8, 2022

“They give you the ability to scale the amount of appraisals you can do with the current appraiser population that you have, and that’s an important part of all the modernization initiatives that have been going on,” said Scot Rose, chief innovation officer at Class Valuation. Be prepared to leverage it and to leverage these tools.”.

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Clear Capital

AUGUST 28, 2024

As the real estate and mortgage industries work to modernize the home valuation process , Freddie Mac and Fannie Mae continue to offer new collateral valuation methods. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and borrowers. What is an appraisal waiver?

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Housing Wire

MAY 31, 2021

One of the most challenging aspects in a real estate transaction is the valuation process. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. And, the impact of the pandemic has complicated this process even further.

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Clear Capital

MAY 10, 2023

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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Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

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Appraisal Buzz

MAY 6, 2024

Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring. Areas more exposed to such risk are likely to see increased volatility in valuations.”

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Clear Capital

AUGUST 30, 2023

Reno, NV – August 30, 2023 – Clear Capital , the national real estate valuation technology company, today announced a partnership with LenderX , a leading real-estate valuations SaaS provider, to deliver its lenders access to AURA , Clear Capital’s automated collateral underwriting solution.

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Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. What that means for Clear Capital is offering solutions that are battle tested to a wider group of industry players, including other valuation companies, because we trust in the benefits of the larger mission and its positive impact on homeowners.” .

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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.

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Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.

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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. Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA.

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Appraisal Buzz

FEBRUARY 7, 2022

Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. During 2020 and 2021 as the Covid-19 pandemic global pandemic disrupted our lives and the way we all do business, regulators, agencies, and the government sponsored enterprises allowed inspection relief in certain circumstances.

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Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. Freddie Mac’s appraisal modernization strategy With these challenges in mind, Freddie Mac continues to work on modernizing the appraisal process for lenders that deliver loans to Freddie Mac.

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Clear Capital

SEPTEMBER 13, 2023

Well, with the introduction of inspection-based appraisal waivers to the market, you can! This blog post discusses what an inspection-based appraisal waiver is, how these programs benefit underwriters, and how you can easily get started with these programs to streamline and expedite your underwriting. What is an appraisal waiver?

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Appraisal Buzz

OCTOBER 14, 2024

Today, new technology can assist appraisers, AMCs and lenders with visual inspection, analysis, and intelligence to validate information, detect issues, and derive data-backed insights on every loan. It is not a tool to replace appraisers. It can also accelerate the review process. Here’s where computer vision proves its mettle.

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Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. Employing computer vision and machine learning help streamline the inspection process, lower the cost of collateral underwriting, and reduce the time it takes to get collateral approval.

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DataMaster

FEBRUARY 3, 2021

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. Appraisal Modernization. There are just a lot of tools that I can use!

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Listing Spark

AUGUST 28, 2024

From listing the property and negotiating with buyers to arranging inspections and closing the sale, each step requires careful attention to detail. Modern digital platforms can provide the necessary tools and guidance to navigate these complexities effectively, making FSBO a more manageable option for many sellers.

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Clear Capital

OCTOBER 16, 2024

The launch of the Product Portal decreases the time it takes for users to receive a reliable valuation, as well as analytics products, to aid them in their decision-making process. This is another step forward for us as we work to reduce friction in the valuation process for all industry players.”

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Clear Capital

JUNE 14, 2022

ValueLink Software , the industry-leading provider of valuation management technology, today announced that it offers mortgage lenders automated ordering of Clear Capital ‘s Collateral Desktop Analysis (CDA®) through their appraisal management platform. Houston — June 14, 2022 —. ” About ValueLink Software.

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Listing Spark

SEPTEMBER 16, 2024

However, with proper preparation, the right tools , and an understanding of the market, FSBO sellers can potentially overcome these hurdles. Online valuation tools can provide a starting point, but they may not account for recent upgrades or unique features of your property.

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DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Tools for Desktops/Hybrids.

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Appraisal Today

AUGUST 18, 2023

This tool is excellent for making copies of tax records, floor plans, etc. Listen in as Bryan Reynolds reviews what USPAP says and suggests ways for appraisers to handle appraisal reports if you don’t have the data tools you need to create credible results. Genius Scan This app gets a lot of love from appraisers.

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Appraisal Buzz

AUGUST 12, 2024

There will be many more data elements related to the inspection. Using a mobile device for inspections will be a must in the future. Appraisers can prepare for this change by using those tools right now. All the major software vendors have mobile applications for the current forms and process.

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PennyMac

OCTOBER 10, 2023

We put together a checklist of common (and not-so-common) tips to help you get a high valuation from your appraiser. Thoroughly inspect safety equipment like smoke alarms, carbon monoxide alarms and home security systems. Top 7 Tips Home Appraisal Checklist How does one best prepare for a home appraisal?

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. A desktop appraisal , also known as an appraisal without an onsite inspection, is a faster way to complete an appraisal for a home loan. The post Understanding desktop appraisals and how to use them for home valuations appeared first on ClearCapital.com, Inc.

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DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Tools for Desktops/Hybrids.

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AmeriMac

JULY 15, 2024

Alternative appraisal valuation products offer innovative ways to assess real estate assets using advanced technology and data analysis. These products provide a more efficient property valuation method by incorporating machine learning algorithms and AI. Old-school methods can be time-consuming and biased.

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Clear Capital

AUGUST 31, 2022

RENO, NV / ACCESSWIRE / August 31, 2022 / Clear Capital ® , a national real estate valuation technology company, has announced the launch of ClearInsight+ , a technology-enabled set of valuation products to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report), a new offering for certain loan types.

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Clear Capital

FEBRUARY 21, 2024

By reducing the volume of required data, UDC streamlines the collection process for inspection-based valuation and delivers UPD-compliant data, removing complexities and making property data collection review and underwriting easier and more efficient for mortgage lenders. UDC has now been updated to gather and deliver the UPD.

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Clear Capital

SEPTEMBER 21, 2021

As appraisal modernization and digitization initiatives take hold, it’s now more important than ever to standardize the calculation of a home’s gross living area (GLA). A clear and consistent standard for calculating square footage (such as ANSI) is paramount for the credibility of valuations. Reliability is key.

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Housing Wire

JUNE 14, 2022

Using automated tools to establish home values helps remove human bias, although it limits the collection and evaluation of a property’s current condition,” wrote Freddie Mac. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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