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. This content was generated using AI, and was edited and fact-checked by HousingWire’s editors.
Housing Wire
JULY 12, 2022
The company, which employs about 17 people, was founded in 2015, and is one of those approved to provide the Freddie Mac data report for its new remote inspection program. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. The State of Appraisals in 2022.
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Miller Samuel
APRIL 27, 2019
A similar proposal was introduced by the New York Department of State in 2015. It sent shockwaves through the AMC-types because, in my view, it effectively destroyed their ability to hide how much they are gouging the consumer and how little the appraiser gets from the actual "appraisal fee" (typically less than half).
Housing Wire
MAY 27, 2022
Likewise, a 2021 Freddie Mac study of more than 12 million appraisals dating back to 2015 found that appraisers’ opinions of value were more likely to fall below the contract price in Black and Latino census tracts. Some researchers point to appraisal methodology as a culprit.
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