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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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Clear Capital launches UDC to support appraisal modernization

Housing Wire

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

By regularly assessing the digital (and analog) processes you use and considering the benefits new tools have to offer, you can strengthen your operations and remove costly inefficiencies. Consider the following three ways that modern house-flipping software can help both beginner and experienced flippers.

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Best practices to speed up the appraisal process

Housing Wire

“They give you the ability to scale the amount of appraisals you can do with the current appraiser population that you have, and that’s an important part of all the modernization initiatives that have been going on,” said Scot Rose, chief innovation officer at Class Valuation. Be prepared to leverage it and to leverage these tools.”.

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Clear Capital and ValueLink Expand Partnership to Support Recent Appraisal Modernization Policy Changes

Clear Capital

In support of the appraisal modernization policy changes, it’s imperative that we are able to provide lenders with an efficient and seamless experience,” said Kenon Chen , EVP of Strategy and Growth at Clear Capital. For borrowers, this modernization can provide upfront value certainty and reduced costs for eligible loans.

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Clear Capital Calls on Companies to Join the Clear Capital Partner Network Focused on Appraisal Modernization

Clear Capital

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. March 1, 2022 —. Through Application Programming Interface (API) tools, partners can readily integrate modern valuation tools directly into their own systems to enhance their customers’ experience.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.