Housing Wire

JULY 31, 2023

Jaro was initially developed by Ascent Software Group to streamline the entire appraisal workflow, eliminating the need for redundant steps and external systems. Jaro leverages technology through its intelligent automation capabilities, which are integrated into every part of the appraisal process, reducing turn times and increasing accuracy.

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Appraisal Appraisal Process Tools Inspection 321

Housing Wire

JANUARY 18, 2023

Both types of initiatives are important, but no one seems to be talking about how we can get more production out of our current set of appraisers. The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries.

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Appraisal Reconsideration of Value Appraisal Process Technology 342

Housing Wire

NOVEMBER 18, 2021

According to Reggora co-founder and CEO Brian Zitin, “Lenders need to start paying attention to the appraisal process now, more than ever.”. This year’s hot housing market has created several obstacles within the appraisal process that impact both the lender and the borrower. The first is legacy technology.

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Appraisal Appraisal Process Modernization Technology 376

Housing Wire

APRIL 18, 2024

Every business is on the brink of significant transformation driven by the potential of Artificial Intelligence (AI) and workflow automation, and the mortgage industry is no exception. The misconception that AI is only accessible to large institutions with substantial resources is far from true.

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Appraisal Mortgage Appraisal Process Tools 379

The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). Question 1: Why do I need to understand business valuation?

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Valuation Business Buyers Market Value 147

Housing Wire

AUGUST 2, 2022

Lenders had better be sure that an alternative appraisal is appropriate when requesting one for a property. If an appraiser accepts an assignment, but later decides that a desktop or exterior-only appraisal is not appropriate, they can kick it back to the VA within two business days.

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Appraisal Appraisal Process Renovations Finance 360

Housing Wire

OCTOBER 20, 2021

Al Goldstein, a co-founder of StoicLane, said the holding group wants to support LVS’s objective to “grow into one of the largest appraisal management companies in the U.S.”. Goldstein founded StoicLane in September alongside Matt Foran and Jake Nice to invest in finance, insurance, and real estate businesses. Presented by: Incenter.

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Appraisal Valuation Appraisal Process Finance 343

Appraisal Buzz

AUGUST 11, 2021

In today’s Buzzcast, we dive into digitizing the appraisal process and our Business-Building Workshop, “Technology that Transforms.” Ernie Durbin is the host of this technology workshop and we’ll be getting the inside scoop while Joan and Ernie discuss how appraisals are evolving.

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Technology Chief Valuation Officer Valuation Appraisal Process 370

Clear Capital

SEPTEMBER 7, 2022

Learn how to navigate new technology and appraisal processes to thrive in any market. Panelists: Roger Jennings, Director of Valuations Lima One Capital Katie John, Director of Appraisal Management NP, Inc.

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Appraisal Process Modernization Appraisal Marketing 36

Housing Wire

AUGUST 31, 2021

In today’s mortgage industry, many organizations have a unique real estate appraisal process that fits their exact business model. Unfortunately, most valuation management technologies follow a one-size-fits-all approach, making it difficult for mortgage lenders, credit unions, AMCs and appraisal firms to work together.

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Appraisal Appraisal Process Real Estate Valuation 207

Housing Wire

AUGUST 14, 2023

While social distancing is becoming a distant memory, last year’s announcement by the GSEs that desktop appraisal technology would remain permanent was quickly followed by Fannie Mae ’s launch of the Appraisal Acceptance + Data framework — a clear indication that appraisal modernization is here to stay.

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Modernization Appraisal Technology Appraisal Process 312

Housing Wire

APRIL 5, 2023

The goal of incorporating emerging technologies is to make it cheaper for lenders and customers that do business with the USDA — and utilizing the Mortgage Industry Standards Maintenance Organization ( MISMO ) standards was part of that effort, Daetwyler noted. We just replatformed our underwriting system (.) For the U.S.

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Technology Appraisal Process Modernization Appraisal 292

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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Housing Wire

MARCH 3, 2023

UDC will also support Freddie Mac’s ACE+ PDR solution for lenders to scale their business. UDC is supported by ClearInsight Platform , Clear Capital’s mobile property data collection application, which allows real estate professionals to generate digital pictures of homes in a short span of time.

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Modernization Appraisal Real Estate Valuation 348

Housing Wire

SEPTEMBER 9, 2021

. “It’s going to be cheaper for consumers and more money for appraisers, because there’s no longer going to be a middleman with UWM Appraisal Direct,” Ishbia said. Appraisers say AMCs cut into their pay and introduce inefficiency into the appraisal process.

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Appraisal Valuation Appraisal Process Contracts 442

Housing Wire

MARCH 10, 2023

“I think that not only drives this program, but paves the way for a better appraisal process when an appraisal is needed.” Appraisers, as one would expect, are up in arms about Fannie Mae’s new initiative. “Shift NOW as much appraisal work as possible away from Fannie Mae. .

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Valuation Inspection Training Appraisal 382

Appraisal Buzz

APRIL 8, 2024

AI can analyze vast amounts of data on the blockchain to provide insights, predictions, and even automate certain appraisal processes. For instance, AI algorithms can predict real estate property values based on historical data stored on the blockchain, making appraisals faster and more accurate.

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Technology Appraisal Valuation Supply Chain 418

Housing Wire

FEBRUARY 14, 2022

Dworkin said the GSEs must “not be in the risk avoidance business, but in the risk management business.”. To further the goal of affordability, the FHFA also said it would “explore modernizing the single-family appraisal process to foster efficiency in mortgage markets, and address barriers to equitable valuation.”.

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Appraisal Process Finance Appraisal Modernization 358

Housing Wire

MARCH 1, 2023

Opteon , a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. “Our impending technology rollout will enable appraisers to deliver reports straight from the field,” Trice said. .

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Appraisal Valuation Technology Real Estate 312

Housing Wire

SEPTEMBER 25, 2021

.” Ishbia also touted UWM’s Appraisal Direct program, which will bring the appraisal process in-house on Oct. 1, allowing UWM to contract with appraisers directly and offering appraisers and brokers a way to bypass appraisal management companies. No one is happy with what’s going on,” Ishbia said.

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Appraisal Appraisal Process Contracts Business 382

Housing Wire

AUGUST 25, 2022

Lenders with a strong sense of how to properly select and deploy the correct collateral valuation solution can create home equity lending programs that will continue to provide a steady stream of business, while also reducing their costs and time to close. Misconception #1: You need an appraisal every time you do a loan.

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Lending Valuation Appraisal Process Appraisal 310

Appraisal Buzz

AUGUST 8, 2022

Fannie Mae has long allowed and encouraged the participation of trainees in the appraisal process. More details on trainee participation can be found on page 3 of our December 2021 Appraiser Update newsletter. From the outset, appraiser trainees have already taken at least 78 hours of education to qualify for trainee licensure.

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Appraisal Training Appraisal Process Business 397

Housing Wire

MARCH 21, 2023

“I think that not only drives this program, but paves the way for a better appraisal process when an appraisal is needed.” Appraisers, however, have voiced a desire to shift as much appraisal work away from Fannie Mae as possible. “I

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Valuation Appraisal Modernization Appraisal Process 209

McKissock

APRIL 6, 2021

Whether your goal is to work fewer hours and improve your work-life balance or increase productivity and scale your business, there are many technology tools available to help you complete more appraisals in less time. Upcoming webinar: Tame the Chaos with Appraisal Technology that Scales. Sign up now. Not yet a member?

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Business Appraisal Tools Technology 54

Housing Wire

MAY 2, 2021

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

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Valuation Appraisal Appraisal Process Technology 195

Housing Wire

MAY 2, 2021

There’s no denying the complexity of the appraisal process. With so many people involved – including the appraisal desk, loan operations, loan officers, underwriters, the IT/product team, borrowers and appraisal vendors – there’s room for error that could negatively impact the home buying experience.

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Appraisal Appraisal Process Valuation Loan Officers 207

Appraisal Buzz

AUGUST 18, 2021

In today’s Buzzcast, we dive into digitizing the appraisal process and our Business-Building Workshop, “Technology that Transforms.” Ernie Durbin is the host of this technology workshop and we’ll be getting the inside scoop while Joan and Ernie discuss how appraisals are evolving.

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Technology Chief Valuation Officer Valuation Appraisal Process 195

Housing Wire

OCTOBER 18, 2022

Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets. Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S.

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Valuation Modernization Real Estate Appraisal 352

Riverfront Appraisals

JULY 6, 2022

Misunderstandings about the appraisal process are plentiful, and some of those really do affect the way you do business. The post Appraisal Blog The Realtor’s Guide to Appraisals Part 7: Common Myths About Appraisals appeared first on Riverfront Appraisals. Over the years, we’ve heard it all.

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Housing Wire

OCTOBER 22, 2020

As we continue to invest in Stewart’s future, this acquisition adds innovative technology, data and analytics to our growing valuation businesses, critical for driving future business,” Stewart CEO Fred Eppinger said.

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Valuation Real Estate Appraisal Process Technology 272

Housing Wire

SEPTEMBER 8, 2021

Chen is a member of the company’s executive leadership team, leading the product management team and product strategy while designing process efficiency for business operations. Chen is also responsible for product management, data science and analytics, business intelligence, data integration and vendor management.

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Technology Valuation Modernization Real Estate 243

Housing Wire

JUNE 11, 2021

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Appraisal Modernization Appraisal Process Technology 281

Cleveland Appraisal Blog

AUGUST 25, 2022

Form a Business Structure. When you run a business, and owning rental property is a business , you’re almost always better off forming a legal business structure. You can also begin to build credit for your business, which can be beneficial if your personal credit isn’t perfect. Let us know ! Image via Pexels. .

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Investing Renovations Landlords Real Estate 332

Housing Wire

DECEMBER 8, 2023

In fact, you will become known as a true professional and receive repeat and referral business as a result of doing the best job possible for your clients. Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through.

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Clients Real Estate Inspection Buyers 378

Appraiserblogs

OCTOBER 14, 2022

The results of the NAR appraisal survey show more than half of appraisers reported AMCs to be the greatest challenge in their business with 40% reporting not being compensated fairly. Highlights of the NAR Appraisal Survey The. It was March 28th,….

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Appraisal Appraisal Process Real Estate Finance 117

Appraisal Hub

FEBRUARY 15, 2024

Commercial Appraisals, on the other hand, delve into properties used for business purposes, including office buildings, retail shops, industrial sites, farm, and apartment complexes with five or more units. For commercial properties, this also involves analyzing the business environment and potential for income generation.

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