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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Lenders surveyed also think that modernizing appraisals could help enhance appraiser capacity and lower borrower costs.

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CRMLS releases REcenterhub dashboard

Housing Wire

After being available as part of the REcenterhub ecosystem since 2022, it has now become the default dashboard for CRMLS’ user base of more than 110,000 real estate professionals. Developed internally by CRMLS, the REcenterhub dashboard introduces a range of new features designed to streamline productivity for real estate professionals.

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How is the industry adapting to desktop appraisals?

Housing Wire

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. HW: How does appraisal modernization reduce appraisal costs and fees?

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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

We’ve been very involved in appraisal modernization [and] investment over the past five years,” Kenon Chen, EVP of corporate strategy at Clear Capital, said. “We’re The desktop appraisal solutions were developed to meet new desktop appraisal guidelines introduced in April 2022.

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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

The company says the round is the largest Series A for a New England fintech and it plans to use the capital to double or even triple its staff by the first quarter of 2022. “We COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”.

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GoFormz Named #1 Mid-Market Mobile Forms Automation Solution

GoForrmz

This Summer, GoFormz has been awarded top honors in the following G2 categories: Mobile Forms Automation, Online Form Builder, and No-Code Development Platform. Where we excel in the Summer 2022 G2 Reports for Mobile Forms Automation GoFormz continues to dominate the mobile forms automation category in G2.

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A View on Risk: Desktop Appraisals

Appraisal Buzz

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. In turn, appraisers developed, supplemented, and maintained practices to ensure the data provided to the appraiser did not result in a misleading appraisal. It appears the FHFA is making good on their promise.

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