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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. We looked at this as not just an adjustment to the current market climate, but also looking at the current shift that’s happening in the valuation industry.

Valuation 393
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Clear Capital named in HousingWire’s Tech 100

Clear Capital

Story by HousingWire Clear Capital is a national real estate valuation technology company that has been developing solutions to build confidence in real estate decisions since 2001. By centralizing all the data and insights necessary to automate the review process, AURA has reduced review times by 50%.

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Clear Capital and LenderX Partner to Deliver Collateral Review for Appraisal Modernization

Clear Capital

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 and BeSmartee Partner to Bring Home Value Verification Solution to Mortgage Lenders

Clear Capital

Our goal is to streamline different aspects of the valuation process, without introducing additional risk or compromise on accuracy,” said Kenon Chen , EVP of Strategy and Growth at Clear Capital. “So property through our field valuation services and analytics tools, and improve their workflows with our platform technologies.

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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

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Clear Capital Launches AURA™ to Automate and Advance Appraisal Review Process

Clear Capital

ClearCollateral® Scores — Includes Clear Capital’s Valuation Accuracy Score, Value Confidence Score, and Report Quality Score, all of which are purpose-built to determine the quality of the appraisal and flag any under- or overvaluation risk. Risky Terms — Detect bias within the appraisal with risky terms rules.

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Clear Capital announces automated appraisal photo review innovation through ClearCollateral Review

Clear Capital

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.