Appraisal Buzz

OCTOBER 18, 2021

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. 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? Reconciliation.

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Housing Wire

DECEMBER 8, 2021

RemoteVal is a powerful new remote appraisal inspection tool takes all the time and labor-saving promise of remote valuations and makes it real. The post December 2021 Demo Day : Incenter Appraisal Management appeared first on HousingWire. Product Fast Facts. #1. Built-in digital measuring tape and camera integration. #3.

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Housing Wire

MAY 11, 2021

SoftBank Group -backed digital lender Better.com plans to make its public debut in the fourth quarter of 2021 via SPAC , in a deal that would value the company at nearly $8 billion, the firm said Tuesday. Better.com originated roughly $14 billion in the first quarter of 2021, the Journal reported.

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Housing Wire

NOVEMBER 12, 2020

The digital lender, run by CEO Vishal Garg , selected Bank of America and Morgan Stanley to prepare an initial public offering slated for 2021, according to sources cited by Bloomberg. Most observers believe 2021 will shift from a refi environment to purchase. Better.com could go public as soon as January.

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Appraisal Buzz

JANUARY 10, 2022

SettlementOne Valuation Welcomes Matthew Scott as Chief Operations Officer, and Dave Roberts as Senior Vice President of Strategic Accounts, Accelerating Its Growth and Expansion Plans for 2022 and beyond. Indianapolis, Indiana, December 2021 – SettlementOne Valuation, a leading provider of appraisal management services to the U.S.

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Housing Wire

SEPTEMBER 22, 2020

Our valuations and settlement services are seeing increases in business flow due the current low interest rate environment. HW: When you look toward 2021, what are you optimistic about for our industry? The post Low mortgage rates fuel demand for valuation and settlement services appeared first on HousingWire.

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Appraisal Buzz

MAY 19, 2021

Become a member today and you could win up to $400 on your Valuation Expo Trade Show Pass! He dives into how no state agency has adopted the 2020-2021 USPAP within the state. The post Join the Buzz Forum and Win Your Way to Valuation Expo appeared first on Appraisal Buzz. Have you joined the Appraisal Buzz Forum yet?

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Housing Wire

MARCH 11, 2021

This session will unpack the current challenges facing residential valuation, changes spurred by Covid-19, and the vision for moving to a risk-based approach to valuation. To go back to the full HousingWire Spring Summit 2021 on-demand summit, go here. Watch the full session below.

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Appraisal Buzz

AUGUST 2, 2021

Make sure you take a look at our schedule for Valuation Expo – we’ve included a code for $100 off of any Valuation Expo Pass! Racial Bias in appraising has been a hot button topic for the year of 2021. Remember to get $100 off of your Valuation Expo pass when you follow the instructions in our magazine!

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Housing Wire

DECEMBER 22, 2021

The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. How do remote valuation solutions benefit appraisers? trillion in housing value in 2021 appeared first on HousingWire. homeowners gained a whopping $9.1 As a result, the value of U.S.

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Housing Wire

AUGUST 16, 2021

It also represents a gain on the $49 billion originated in the first quarter of 2021. And UWM’s gain-on-sale margin slipped to 81 basis points in Q2 2021, down from 243 bps a year ago and 219 bps in the first quarter of 2021. UWM also experienced a decline in the valuation of mortgage servicing rights to $260.51

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Appraisal Buzz

DECEMBER 30, 2021

Moreover, low interest rates and high asset valuations continue to drive consumer spending,” says Sam Khater, Freddie. The post Mortgage Rates Rose Slightly During the Last Week of 2021 appeared first on Appraisal Buzz.

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Housing Wire

JULY 22, 2021

RealTrends Market Leaders report ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500 brokerage rankings. View the 2021 RealTrends Market Leaders report. The post 2021 Market Leaders: Compass, flat-fee brokers make noise appeared first on HousingWire. 4 in volume.

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Housing Wire

NOVEMBER 25, 2020

Venture-backed residential brokerage Compass has hired bookrunners ahead of an independent public offering in 2021, according to a new report. The post Compass eyes IPO in 2021: report appeared first on HousingWire. Compass, most recently valued at $6.4 Realogy , the largest brokerage conglomerate in the U.S.,

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Housing Wire

MARCH 31, 2021

The post HousingWire Magazine: April 2021 appeared first on HousingWire. HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events. To see all HousingWire Magazine issues, click here.

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Housing Wire

OCTOBER 20, 2020

Freddie Mac’s David Brickman and Fannie Mae’s Hugh Frater also offered their takes on challenges with affordable housing, racial disparities with homeownership, expectations for 2021 and – yes, you knew it was coming – the 50 bps adverse market fee that’s due to hit lenders doing refis beginning in December.

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Housing Wire

APRIL 25, 2024

“Some companies were able to weather the storm through cash reserves built up in the second half of 2019 through 2021,” Walsh added. However, most of the valuation mark-ups on mortgage servicing rights were taken in 2022, resulting in lower net servicing financial income in 2023.”

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Housing Wire

FEBRUARY 27, 2024

Previously, he was EVP of product development at Credit Plus before Xactus acquired the company in September 2021. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders.

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Tenants Valuation Clients Training 378

Housing Wire

MARCH 2, 2023

Pre-money valuation refers to the $6.9 billion pre-money equity valuation based on the aggregate amount of fully diluted shares of Better’s common stock. Pre-money valuation refers to the $6.9 billion pre-money equity valuation based on the aggregate amount of fully diluted shares of Better’s common stock.

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Housing Wire

APRIL 24, 2023

Because of rules put in place following the Great Financial Crisis, lenders subcontract the appraisal to third-party valuation companies, which are independent and provide a valuation that often determines whether the loan is funded. Lanham listed technical arguments for providing a valuation of $475,000.

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Housing Wire

MAY 2, 2022

Seattle, Washington-based real estate valuation company True Footage announced the acquisition of Spark for Appraisers , an appraisal technology firm. True Footage, launched in 2021, is a real estate data authentication platform built to streamline residential transactions. Presented by: Class Valuation.

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Housing Wire

APRIL 6, 2023

These companies reported a net loss of $301 on each loan originated in 2022, down from an average profit of $2,339 per loan in 2021, according to the Mortgage Bankers Association (MBA). billion, or 16,590 loans per company, in 2021. “The Last year, average production volume was $2.6

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Housing Wire

MARCH 1, 2023

Opteon , a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. In 2021, Opteon acquired the appraisal firm The William Fall Group , along with Valuation Partners and Summit Valuation Solutions.

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Housing Wire

SEPTEMBER 12, 2023

Divvy’s last known funding occurred in August 2021 – a $200 million Series D funding led by Tiger Global Management and Caffeinated Capital , which nearly quadrupled its valuation to $2 billion valuation at the time. The firm’s last known valuation was $2.3 billion in 2021, according to PitchBook.

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Housing Wire

NOVEMBER 22, 2023

However, the report states there’s no final decision on the timing and valuation. billion valuation in a venture-backed funding round in 2021. The company’s lending arm, valued between $2 billion and $3 billion, is expected to go public in the first half of 2024. Figure had a $3.2

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Clear Capital

AUGUST 30, 2021

August 30, 2021 —. Clear Capital , a real estate valuation and analytics fintech leader, today announced that its ClearInsight app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards. Company recognized for innovation in global real estate technology industry.

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Housing Wire

OCTOBER 13, 2023

Certainly, the expectations of brokerage firms did not change in terms of the multiple of EBITDA upon which valuations are based. The reality is that in all the deals we have worked on since July 2022, EBITDA in absolute terms is not what it was in calendar years 2020 and 2021.

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Housing Wire

OCTOBER 31, 2023

trillion origination production for 2024, an increase of 19% compared to 2023 but still lower than the 2020-2021 highs. Looking ahead, rate declines expected by the end of 2024 could pressure MSR valuations. Valuation changes could drive modest increases in leverage, especially if earnings from originations remain weak, Fitch said.

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Housing Wire

APRIL 6, 2023

A report commissioned by the Appraisal Subcommittee in 2021 and led by the National Fair Housing Alliance found that the industry has been allowed to regulate itself, a rarity in the heavily regulated housing and mortgage industries. “I think not many people understand how this byzantine system works,” Chopra said.

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Housing Wire

JANUARY 25, 2023

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. The firm had about 1,400 employees at the end of 2021. “We We’ve been a company that’s been investing very heavily in bringing data analytics and technology into the valuation space.

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Appraisal Buzz

AUGUST 25, 2021

PropMix announces rebranding of MCA, its real estate valuation platform, changes name to Profet.ai. NEW YORK / Aug 24, 2021 / – PropMix.io, the creator of the real estate valuation platform called Market Conditions Advisor (MCA), has rebranded the platform to better reflect its vision and capabilities. About PropMix.

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Housing Wire

APRIL 23, 2024

As the Chief Marketing Officer, she has overseen the brand development and strategy and helped Pacaso reach unicorn status with a $1 billion valuation in 2021. Whitney Curry , has propelled Pacaso to become the pioneer of co-ownership of luxury real estate.

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Marketing Project Management Advertising Real Estate 379

Housing Wire

NOVEMBER 11, 2021

Amrock , a title insurance, property valuations and settlement services provider that is part of the Rocket Companies family, announced Wednesday that longtime CEO, Brian Hughes will be retiring later this month and Nicole Beattie, the current vice president of mortgage servicing at sister company Rocket Mortgage , will take over.

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Valuation Technology Appraisal Clients 393

Housing Wire

OCTOBER 2, 2020

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. Rocket Mortgage , America’s largest lender, made its debut in the summer and is now trading at a $45 billion valuation.

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Valuation Retail Mortgage Inventory 393

Housing Wire

FEBRUARY 7, 2023

In May 2021, Snapdocs raised $150 million in a Series D funding, led by Tiger Global, bringing its valuation to more than $1.5 Snapdocs was featured on HousingWire’s Tech100 in 2021, while Mortgage Cadence ranked in 2021 and 2022. According to its website, it will soon integrate with Black Knight.

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Mortgage Technology Lending Valuation 364

Miller Samuel

NOVEMBER 7, 2021

link] — Jonathan Miller (@jonathanmiller) November 3, 2021. — Insert Clever Name (@BethLynch2020) November 2, 2021. All we know at this point is whatever valuation methodology they used was a complete fail. So if we consider the Zestimate to be a proxy for the Zillow Offers valuation tool that failed, it gets worse.

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Housing Wire

MAY 27, 2022

In October 2021, a multi-agency effort to combat redlining was announced between the CFPB, the Department of Justice and the Office of the Comptroller of the Currency. These algorithms are black boxes behind brick walls,” Chopra said during a press conference in 2021.

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