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).

Valuation 91

Valuation Property Appraisal Training Appraisal 91

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.

Modernization 232

Modernization Appraisal HOA Valuation 232

Clear Capital

JUNE 28, 2022

Reno, NV — June 28, 2022 — Clear Capital , a national real estate valuation technology company, today announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API. Self-Serve APIs Will Enable Faster Adoption, More Control for Lenders, Investors and System Providers.

Valuation 69

Valuation Modernization Real Estate Investors 69

Appraisal Today

NOVEMBER 24, 2023

It turns out gratitude is a tool. Once again, modern brain-body science jumps ahead and teaches me things. They say gratitude is one of the most misunderstood free tools for a better life. Quite different than others in the lending business who just want to make as much money as they can. I didn’t know what I didn’t know.

Appraisal 77

Appraisal Mortgage Business Contracts 77

Housing Wire

JUNE 1, 2022

As these hurdles to homebuying collide with more Millennials entering the housing market, a focus on efficient automation and custom solutions could be the key to success in 2022. According to the National Association of Realtors (NAR) 2022 Home Buyer and Seller Generational Trends report, Millennials now make up 43% of homebuyers in the US.

Marketing 276

Marketing Housing Market Mortgage Business 276

Housing Wire

MARCH 28, 2022

Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. in 2022, representing a decline in volume from $3.9 trillion in 2022. trillion in 2021 to $2.6

Marketing 352

Marketing Real Estate Agent Business Transportation 352

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Sharing your success lends to your credibility as an agent. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 356

Real Estate Agents Real Estate Agent Clients 356

Clear Capital

JUNE 21, 2022

Then in early 2022, Fannie Mae turned to real estate valuation technology to conduct its own study on appraisal bias. AVMs should be used in the lending process to prevent appraisal bias. ClearAVM adheres to industry best practices in support of equality for all in the lending process. . How ClearAVM supports Fair Lending Laws.

Valuation 69

Valuation Technology Lending Real Estate 69

Housing Wire

MARCH 24, 2021

Residential lending professionals today are being tasked to weather one storm after another. Increasingly, lenders need to rely on credit reporting and risk mitigation tools from trusted partners. They can’t rely on plug-and-play solutions anymore because the lending environment is changing at too fast of a pace.

Tools 381

Tools Technology Lending Business 381

Appraisal Today

OCTOBER 14, 2022

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). In the October 2022 issue of the monthly Appraisal Today Newsletter. Redfin Survey October 07, 2022. By Ken Dicks, October 3, 2022.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Housing Wire

OCTOBER 24, 2023

The Office of the Comptroller of the Currency , the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act (CRA), which addresses systemic inequalities in access to credit. Barrs, Fed vice chair for supervision, said in a statement.

Retail 323

Retail Law Lending Modernization 323

Housing Wire

JUNE 14, 2022

Using automated tools to establish home values helps remove human bias, although it limits the collection and evaluation of a property’s current condition,” wrote Freddie Mac. Fannie Mae also included efforts to “modernize” appraisals in its equity plans. Both GSEs argue that these approaches advance equity.

Appraisal 305

Appraisal Valuation Inspection Law 305

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.

Appraisal Process 365

Appraisal Process Finance Appraisal Modernization 365

Housing Wire

MAY 17, 2022

Several mortgage trade groups have said if the FHA modernizes servicing guidelines and aligns them more closely to Fannie Mae and Freddie Mac, depository institutions will return to servicing FHA loans. Industry stakeholders have some ideas for how to further that goal, starting with more clarification on some FHA lending programs.

Insurance 324

Insurance Housing Market Development Mortgage 324