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How embracing digital transformation gives lenders a competitive edge

Housing Wire

In April 2021, Forbes noted that “remote work is here to stay” and where people choose to live will continue to change. Modern technology is key for lenders who want to stay competitive in this regard. In addition, modern tools can help eliminate manual errors and spot potential issues to reduce unnecessary costs.

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Brian Zitin, CEO of Reggora, to speak at Spring Summit

Housing Wire

Out of necessity, the pandemic spurred numerous changes in the mortgage process, including appraisals. Reggora is a venture-backed startup that provides software to speed up the appraisal process for mortgage lenders and real estate appraisers. But what part of that will stick after we’re back to a more normal environment?

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Overhauling the Appraisal Process

DataMaster

Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. ” This RFI is your chance to impact the direction that the inevitable appraisal overhaul will go. Appraisal Modernization.

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Appraiser Countersues Alleged Discrimination

Appraisal Today

Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. 2021, was one of the first (and perhaps the most publicized). Of course, some appraisers could be biased.

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What renovations will add value to my home?

Housing Wire

“We’ve found that many people care more about public spaces than private spaces,” says Katie Lambert, an interior designer with Lambert Home, referring to different living areas in a home. The kitchen is also one of the areas that is commonly in need of modernization, from outdated appliances to antiquated cabinet styles.

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The answer is, Yes!

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

Top Ten Reasons Why It Is Great to be an Appraiser! Appraisal Business Tips Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Concessions increased over 30% in the previous quarter and the fourth quarter of 2021. of home sales in the fourth quarter.