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Reevaluating your origination tools? Here’s where to start

Housing Wire

With the recent downturn in volume of new originations, many lenders are using this time to take inventory of the available tools geared toward risk mitigation and workflow optimization. Choosing the right tools to streamline the transaction from point of sale through loan closing can create a positive experience for the consumer.

Tools 384
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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. But this alone cannot solve the underlying issues with the current appraisal process, such as inefficient workflows and analogue data collection.

Appraisal 448
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Revolutionizing Appraisals: The Role of Blockchain Technology

Appraisal Buzz

One of its most intriguing applications lies in the domain of appraisals. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Understanding the Basics: What is Blockchain?

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5 Remote Inspection Tools for Desktop Appraisals

McKissock

Below are five remote inspection tools worth looking into. The following information is based on descriptions available online, provided by the product owners/developers. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. Next on the list of of remote inspection tools is Anow Walkthrough.

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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Complexity in Process and Properties. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. Is there room for more improvement?

Appraisal 281
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Attracting More Appraisal Business

Cleveland Appraisal Blog

I’m not going to dive into the nuances of these different types of appraisal work in this article. I recommend having a visit with an appraiser in your area that performs appraisals for some of these purposes, to learn about what’s involved in these types of assignments. It also offers a lot of other great tool options.

Business 393
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3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. The more information the MLS listing offers on a home, the more useful the data is at helping appraisers to develop a supportable opinion of the value of a home being appraised.

Agents 374