McKissock

JUNE 17, 2022

The COVID-19 pandemic has accelerated the shift to desktop appraisals. As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Below are five remote inspection tools worth looking into.

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Housing Wire

AUGUST 23, 2022

HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. HousingWire: Desktop appraisals became a permanent option for certain loans in March 2022.

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McKissock

FEBRUARY 24, 2023

These include appraisal webinars, job aids, checklists, classes, and much more. Below is a list of five useful appraisal technology webinars available right now in our membership toolkit. By automating daily tasks and processes, you can watch your business grow with real results and analytics. Not yet a member?

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Appraisal Buzz

JANUARY 24, 2022

Buzz : What is your background in the appraisal industry? Mark Walser : I am a technology and operations executive with 13 years of progressive management in all aspects of AMC operations and technology with various AMCs, and am the President of Incenter AMC. Technology is like water; it seeks its own level.

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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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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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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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Clear Capital

MAY 10, 2023

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of Operations at ValueLink. Our goal is to provide customers with a complete understanding of every U.S.

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Clear Capital

NOVEMBER 3, 2022

Cleveland, OH / November 3, 2022 / AppraisalWorks , a leading real estate appraisal technology provider, has today announced a partnership with Clear Capital , a national real estate valuation technology company. For more on Clear Capital and its products and solutions, visit ClearCapital.com. About AppraisalWorks.

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Clear Capital

JUNE 14, 2022

Collateral Desktop Analysis provides transparency and efficiency to ValueLink customers conducting appraisal reviews. Houston — June 14, 2022 —. The CDA re-evaluates the original appraisal so lenders can deliver a comprehensive loan file quickly. Clear Capital is proud to be at the forefront of this movement.”

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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,

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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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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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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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Housing Wire

APRIL 27, 2021

The industry begins the mammoth task of rebuilding its systems, technology, processes, and product to support this new approach in 2022/2023. No doubt, investment in modernization is needed in the appraisal process. The changes will impact just about everything and everyone in the collateral valuation space.

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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?

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Clear Capital

APRIL 21, 2022

BOSTON — April 21, 2022 —. ” “Our collaboration with Clear Capital furthers our mission to deliver impactful, industry-changing solutions that improve the appraisal process for everyone involved,” said Brian Zitin , Reggora CEO and co-founder.

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Housing Wire

MAY 27, 2022

By combining the power of emerging technologies like artificial intelligence (AI) and machine learning (ML) with a true commitment to diversity at every stage of the valuation chain, we can build a consciously unbiased appraisal system that delivers more equitable and accurate conclusions.

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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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Housing Wire

FEBRUARY 14, 2022

The conservator of Fannie Mae and Freddie Mac on Wednesday laid out three broad strategic goals for 2022 to 2026: safety and soundness, equitable access to affordable and sustainable housing, and responsibly managing FHFA’s infrastructure. But the equitable housing finance plans have also yet to materialize.

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Clear Capital

JANUARY 5, 2023

Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining. New technology has emerged to help appraisers digitize the collection of data and respond to a changing regulatory environment. Troubling research.

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