Appraisal Buzz

FEBRUARY 7, 2022

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. The team at Fannie Mae were the first to announce requirements lockstep with their Regulator that desktop appraisals will become a normal part of the appraisal product landscape.

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Appraisal Inspection Development Technology 435

McKissock

FEBRUARY 24, 2023

Navigating Desktop Appraisals with Class Valuation’s INvision Technology Last year, Fannie Mae and Freddie Mac announced a desktop appraisal option that went live in mid-March 2022. When faced with a desktop appraisal assignment, appraisers are often uncertain as to what they are permitted to do and how to comply with USPAP.

Technology 78

Technology Appraisal Tools Real Estate 78

Clear Capital

DECEMBER 15, 2021

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.

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Appraisal Technology Appraisal Process Valuation 69

Cleveland Appraisal Blog

NOVEMBER 3, 2022

I recommend having a visit with an appraiser in your area that performs appraisals for some of these purposes, to learn about what’s involved in these types of assignments. When developing your website, try to put yourself in the public’s shoes. You would be amazed at how little many know about the appraisal process.

Business 393

Business Appraisal Real Estate Agent Clients 393

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Address potential bias in the use of technology-based valuation tools through rulemaking related to Automated Valuation Models (AVMs).

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Valuation Property Appraisal Training Appraisal 91

McKissock

FEBRUARY 24, 2023

Navigating Desktop Appraisals with Class Valuation’s INvision Technology Last year, Fannie Mae and Freddie Mac announced a desktop appraisal option that went live in mid-March 2022. When faced with a desktop appraisal assignment, appraisers are often uncertain as to what they are permitted to do and how to comply with USPAP.

Technology 52

Technology Appraisal Tools Real Estate 52

Appraisal Buzz

JANUARY 24, 2022

Recognizing the challenges and resistance to alternative appraisal products, we’ve developed RemoteVal to fulfill the promise of an appraiser driven solution that can deliver speed that lenders and consumers want, while keeping the appraiser in control of the process.

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Appraisal Inspection Technology Valuation 370

Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. March 30, 2022 —. Clear Capital is now offering Desktop Appraisal, a GSE-compliant 1004 Desktop/70D residential appraisal that quickly delivers a reliable opinion of value with price certainty.

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Appraisal Valuation Real Estate Modernization 69

Housing Wire

AUGUST 21, 2023

based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. million in a Series A funding round in 2022. Interestingly, none of the top three companies on the 2023 list made the cut in 2022. The self-reported list ranks U.S. They must be U.S.-based,

Real Estate 360

Real Estate Real Estate Agent Technology Investors 360

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Cleveland Appraisal Blog

JANUARY 13, 2022

Chances are that one mistake is not going to lead to an appraiser’s losing their license, but it could. When it comes to these things, it can be easy to develop a skeptical attitude. The truth is, appraisers, do need to have a healthy dose of skepticism. Therein lies the value appraisers offer to the public.

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Appraisal Inspection Clients Real Estate 221

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? What hurts a home appraisal?

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Appraisal Renovations Contracts Buyers 36

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What are some of the benefits of desktop appraisals?

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? PAVE Response and Marcia Fudge by Dave Towne Excerpts: Folks, the American Enterprise Institute Housing Center has been, to date, the only major voice in the wilderness I’ve seen publicly defending appraisers and the appraisal process.

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Appraisal Contracts Real Estate Agent Mortgage 74

Housing Wire

MAY 27, 2022

In March, the Biden administration announced a multi-step plan to advance equity in the appraisal process. If passed, the Fair Appraisal and Inequity Reform Act of 2022 would establish a Federal Valuation Agency responsible for promoting a fair, unbiased, transparent and repeatable valuation process.

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Appraisal Valuation Technology Modernization 380

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Fannie Mae said it would use its database of roughly 54 million appraisals to analyze undervaluation that could indicate bias.

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Appraisal Valuation Inspection Law 310