Housing Wire

JANUARY 25, 2023

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. We looked at this as not just an adjustment to the current market climate, but also looking at the current shift that’s happening in the valuation industry.

Valuation 386

Valuation Technology Modernization Appraisal 386

Housing Wire

FEBRUARY 4, 2022

Facing the difficult combination of record-breaking volume and a shortage of appraisers, many mortgage and appraisal professionals have turned to appraisal technology solutions. And it’s really important to understand how the use of technology is not a benefit, it’s a requirement.

Appraisal 307

Appraisal Valuation Appraisal Process Technology 307

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. Clear Capital’s automated status updates keep the lender informed in real-time.

Modernization 67

Modernization Technology Appraisal Mortgage 67

Clear Capital

MAY 10, 2023

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.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

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

Appraisal 315

Appraisal Modernization Appraisal Process Technology 315

Housing Wire

APRIL 30, 2022

In February 2022, Fannie Mae and Freddie Mac added 1004 Desktop/70D Appraisal products to their Selling Guide for new purchase loans. Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa.

Appraisal 343

Appraisal Valuation Technology Real Estate 343

Housing Wire

DECEMBER 8, 2022

“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. Secondly, make sure you have the right technology in place.

Appraisal Process 363

Appraisal Process Appraisal Valuation Logistics 363

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.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

Valuation 91

Valuation Property Appraisal Training Appraisal 91

McKissock

FEBRUARY 24, 2023

Below is a list of five useful appraisal technology webinars available right now in our membership toolkit. If you already have an Unlimited Learning Membership, you can access all of these appraisal technology webinars for free under the “Learning Library” tab in your membership dashboard. Not yet a member?

Technology 78

Technology Appraisal Tools Real Estate 78

Clear Capital

NOVEMBER 3, 2022

AppraisalWorks , Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders. Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation.

Valuation Review 69

Valuation Review Valuation Appraisal Modernization 69

Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. March 1, 2022 —. In collaboration with its partners, Clear Capital seeks to reduce friction of transformation and enable the vendor ecosystem with unique technology, data and analytics solutions.

Modernization 69

Modernization Appraisal Valuation Technology 69

Appraisal Buzz

SEPTEMBER 19, 2022

Valuation Expo 2022 at the Mirage Hotel in Las Vegas was a record-breaking success! With our highest numbers recorded for attendance in the last 10 years, Valuation Expo provided everyone with the connections they wanted and need to build their business. Class Valuation and Clear Capital were our platinum sponsors.

Valuation 39

Valuation Appraisal Housing Market Business 39

Clear Capital

FEBRUARY 2, 2022

Over the past few years, leading companies from across the industry have modernized and transformed how appraisals are manufactured to streamline the lending process and improve the borrower’s experience. Today’s Selling Guide update for 1004 Desktop appraisals signal the industry-wide adoption of modern appraisal methodologies.

Modernization 69

Modernization Appraisal Appraisal Process Inspection 69

Housing Wire

AUGUST 31, 2023

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.

Modernization 341

Modernization Appraisal Inspection Valuation 341

Housing Wire

JULY 12, 2022

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. The State of Appraisals in 2022. Presented by: Reggora.

Appraisal 403

Appraisal Inspection Real Estate Agent Training 403

McKissock

FEBRUARY 24, 2023

Below is a list of five useful appraisal technology webinars available right now in our membership toolkit. If you already have an Unlimited Learning Membership, you can access all of these appraisal technology webinars for free under the “Learning Library” tab in your membership dashboard. Not yet a member?

Technology 52

Technology Appraisal Tools Real Estate 52

Appraisal Buzz

FEBRUARY 7, 2022

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property.

Appraisal 435

Appraisal Inspection Development Technology 435

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. While the industry as a whole has been adopting new technology , the appraisal process has remained relatively unchanged — right down to the forms used to complete them. If we can check those boxes, we succeed.

Valuation 296

Valuation Modernization Training Appraisal Process 296

Clear Capital

OCTOBER 31, 2023

billion in 2022, according to a recent report from Sterling Point – and errors in appraisal value are cited as one of the top reasons for loan repurchases. The AURA API solution allows LenderX to provide a streamlined collateral review process that is fully integrated within the LenderX valuations management system.

Valuation 36

Valuation Modernization Design Investors 36

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.

Appraisal 69

Appraisal Technology Appraisal Process Valuation 69

Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. March 30, 2022 —. About Clear Capital: Clear Capital is a national real estate valuation technology company with a simple purpose: build confidence in real estate decisions to strengthen communities and improve lives.

Appraisal 69

Appraisal Valuation Real Estate Modernization 69

Clear Capital

JUNE 14, 2022

Houston — June 14, 2022 —. ValueLink Software , the industry-leading provider of valuation management technology, today announced that it offers mortgage lenders automated ordering of Clear Capital ‘s Collateral Desktop Analysis (CDA®) through their appraisal management platform. ” About ValueLink Software.

Appraisal 36

Appraisal Valuation Inspection Technology 36

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.

Valuation 69

Valuation Modernization Real Estate Investors 69

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Rhonda Crowder of Freshwater Cleveland Take a hike: Cleveland Metroparks 2023 Trail Challenge is underway; a look back at the 2022 trails – Erin O’brien of Freshwater Cleveland

Appraisal 354

Appraisal Market Value Legal Property Appraisal 354

Clear Capital

MAY 2, 2022

In February 2022, Fannie Mae and Freddie Mac added 1004 Desktop/70D Appraisal products to their Selling Guide for new purchase loans. Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa.

Appraisal 36

Appraisal Modernization Appraisal Process Training 36

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. The changes will impact just about everything and everyone in the collateral valuation space.

Modernization 232

Modernization Appraisal HOA Valuation 232

Housing Wire

DECEMBER 29, 2022

To help shed some light in this area, several of the 2022 HousingWire Vanguard honorees shared their insights on what’s happening at the federal level that’s going to affect housing this year and into 2023. HW: As a 2022 Vanguard honoree, what has been your proudest accomplishment? Faith Schwartz, CEO at Housing Finance Strategies.

Government 377

Government Modernization Finance Clients 377

McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. Won’t these types of valuations be risky for the lender? Won’t these types of valuations be risky for the lender? Are there any state restrictions? Must I be competent in the subject’s market area?

Appraisal 88

Appraisal Inspection Real Estate Agent Technology 88

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. billion came from its origination technology, according to their earnings reports. million in the first quarter of 2022.

Mortgage 343

Mortgage Technology Loan Officers Investing 343

Housing Wire

SEPTEMBER 14, 2021

Big changes are ahead in the valuation space, most recently seen with the FHFA asking for input on appraisal modernization efforts. 27-28, where he’ll discuss recent regulatory changes and what we should expect for 2022. 27-28, where he’ll discuss recent regulatory changes and what we should expect for 2022.

Appraisal 313

Appraisal Valuation Technology Real Estate 313

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. Copyright © 2022 Clear Capital. or its subsidiaries. All rights reserved.

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Housing Wire

FEBRUARY 16, 2022

The previous deadline, announced in mid- 2021, was March 14, 2022. The letter noted that during this period mortgagees and technology service providers are encouraged to continue their integration with and usage of the module for all forward and HECM origination electronic appraisal deliveries.

Appraisal 307

Appraisal Appraisal Process Modernization Development 307

Clear Capital

AUGUST 31, 2022

RENO, NV / ACCESSWIRE / August 31, 2022 / Clear Capital ® , a national real estate valuation technology company, has announced the launch of ClearInsight+ , a technology-enabled set of valuation products to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report), a new offering for certain loan types.

Training 69

Training Valuation Real Estate Modernization 69

Housing Wire

JANUARY 20, 2022

Remedying this gap is not only likely to reduce the number of biased valuations, but also reduce the acute shortage of appraisers, which is impacting transactions across the country.”. The Appraisal Institute’s 2022 president, Jody Bishop, fits this demographic. And we’ve got an industry moving into modern times.

Appraisal 345

Appraisal Valuation Real Estate Technology 345

Housing Wire

NOVEMBER 30, 2021

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.

Appraisal Process 405

Appraisal Process Modernization Appraisal Valuation 405

Clear Capital

OCTOBER 27, 2022

In July 2022, Freddie Mac launched its ACE+ PDR solution. Read on to discover where Freddie Mac’s ACE+ PDR fits into appraisal modernization, why it’s important to our industry, and how lenders can take advantage of this new solution. ACE+ PDR is another step forward in appraisal modernization. How does ACE+ PDR work?

Training 69

Training Modernization Valuation Inspection 69

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

Valuation 69

Valuation Technology Lending Real Estate 69