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.

Valuation 196

Valuation Appraisal Appraisal Process Technology 196

Housing Wire

OCTOBER 20, 2021

Less than one month after launching operations , the private holding group StoicLane – the backers of Interfirst Mortgage – has acquired control of the appraisal management company Lender’s Valuation Services (LVS). ” How do remote valuation solutions benefit appraisers? Presented by: Incenter.

Appraisal 356

Appraisal Valuation Appraisal Process Finance 356

Appraisal Buzz

AUGUST 11, 2021

In today’s Buzzcast, we dive into digitizing the appraisal process and our Business-Building Workshop, “Technology that Transforms.” Today we have Ernie Durbin, Chief Valuation Officer for Voxtur Valuation, with Joan Trice, Founder of Allterra Group, LLC.

Technology 370

Technology Chief Valuation Officer Valuation Appraisal Process 370

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

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. .

Appraisal 332

Appraisal Valuation Technology Real Estate 332

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.”. Appraisal challenges impact everyone. This year’s hot housing market has created several obstacles within the appraisal process that impact both the lender and the borrower.

Appraisal 385

Appraisal Appraisal Process Modernization Technology 385

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.

Appraisal 358

Appraisal Reconsideration of Value Appraisal Process Technology 358

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. If not, there’s another option.”.

Appraisal 442

Appraisal Valuation Appraisal Process Contracts 442

Housing Wire

AUGUST 25, 2022

However, many lenders have issues building profitable home equity programs due to some misconceptions about handling valuations in a way that ensures they are underwriting quality loans. Misconception #1: You need an appraisal every time you do a loan. It may even be enough to dissuade some from initiating the home equity loan process.

Lending 329

Lending Valuation Appraisal Process Appraisal 329

Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. UDC will also support Freddie Mac’s ACE+ PDR solution for lenders to scale their business.

Modernization 365

Modernization Appraisal Real Estate Valuation 365

Appraisal Hub

MARCH 5, 2021

But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. Lack of communication can significantly slow down the commercial real estate appraisal process. What happens during an appraisal? Appraisal firms also analyze comparable real estate.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Property Appraisal 78

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How is Class Valuation leveraging AI? We have a ton of appraisers inside of class.

Appraisal 412

Appraisal Technology Modernization Real Estate Agent 412

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.

Appraisal 221

Appraisal Appraisal Process Real Estate Valuation 221

Appraisal Buzz

AUGUST 18, 2021

In today’s Buzzcast, we dive into digitizing the appraisal process and our Business-Building Workshop, “Technology that Transforms.” Today we have Ernie Durbin, Chief Valuation Officer for Voxtur Valuation, with Joan Trice, Founder of Allterra Group, LLC.

Technology 195

Technology Chief Valuation Officer Valuation Appraisal Process 195

Clear Capital

SEPTEMBER 7, 2022

Learn how to navigate new technology and appraisal processes to thrive in any market. Embrace modern appraisal programs for long-term growth or to insulate against disruption. Panelists: Roger Jennings, Director of Valuations Lima One Capital Katie John, Director of Appraisal Management NP, Inc.

Appraisal Process 36

Appraisal Process Modernization Appraisal Marketing 36

Housing Wire

AUGUST 30, 2022

Predictably, this changes the risk profile of the overall book of business. If we look further towards property valuation, many concerns were exacerbated by the pandemic and a dwindling number of qualified valuation professionals. Some studies suggest the number of active appraisers is steadily declining by an average of 2.6%

Tools 392

Tools Lending Technology Valuation 392

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.

Appraisal 366

Appraisal Appraisal Process Renovations Finance 366

Housing Wire

MAY 31, 2021

One of the most challenging aspects in a real estate transaction is the valuation process. A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. And, the impact of the pandemic has complicated this process even further. Anthony Jabbour, CEO.

Inspection 196

Inspection Valuation Real Estate Real Estate Agent 196

Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. We hear from all of our customers that we provide the best level of service,” Nasser said.

Clients 382

Clients Valuation Real Estate Appraisal 382

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate.

Real Estate 221

Real Estate Lending Valuation Appraisal 221

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.

Appraisal 397

Appraisal Training Appraisal Process Business 397

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Really, appraisers have always thought this way. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

Appraisal 397

Appraisal Design Lending Technology 397

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.

Appraisal 208

Appraisal Appraisal Process Valuation Loan Officers 208

Appraisal Buzz

DECEMBER 27, 2021

Some people argue that improper appraisals are skewing the system and contributing to industry bias. In response, the FHFA is looking to modernize the appraisal process to ensure more streamlined and accurate valuations. In Black neighborhoods, appraisers value homes up to 23% lower than similar ones in white areas.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Boston Appraisal

AUGUST 30, 2023

In today’s increasingly complex financial landscape, Certified Public Accountants (CPAs) are the unsung heroes behind successful businesses. Their role is multifaceted, touching upon asset valuation, regulatory compliance, risk management, and more.

Real Estate 109

Real Estate Appraisal Valuation Property Taxes 109

Housing Wire

FEBRUARY 10, 2021

Lender Sierra Pacific Mortgage (SPM) announced Wednesday it will use CoreLogic’s collateral valuation platform in order to streamline future home appraisals.

Appraisal 381

Appraisal Appraisal Process Inspection Valuation 381

Housing Wire

JUNE 11, 2021

An appraisal is a valuation of a property by a third party. The buyer typically covers the cost of the appraisal. 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.

Inspection 423

Inspection Appraisal Buyers Appraisal Process 423

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 2: What is business valuation?

Valuation 147

Valuation Business Buyers Market Value 147

Appraisal Buzz

JANUARY 24, 2022

I hold an SRA and AI-RRS, I am an AQB Certified USPAP Instructor, and I also provide valuation, education, and compliance services to various types of clients. This will make the remote appraisal process even faster! There is no “middleman” obtaining data for the appraiser. RemoteVal is totally different.

Appraisal 370

Appraisal Inspection Technology Valuation 370

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. If we can check those boxes, we succeed.

Valuation 297

Valuation Modernization Training Appraisal Process 297

AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. When I started 12 years ago, the average time was 20 business days. MV: VA’s appraisal process is criticized for being lengthy and costly. How will this benefit borrowers?

Modernization 348

Modernization Appraisal Process Appraisal Training 348

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process. Happy appraising!

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

Housing Wire

JULY 9, 2021

So much of life radiates from both the location and the valuation of the house a family occupies. As mentioned, much is determined by the location and valuation of houses. Of these, one stands tall: valuation. We hear shocking stories of racial discrimination and a variety of other ills during the appraisal process.

Real Estate 442

Real Estate Business Valuation Technology 442

Empire Appraisal Group

NOVEMBER 10, 2022

Source: Why Appraisers Say ‘We Have Targets on Our Backs’ (nar.realtor). How professionals are managing the biggest obstacles to the home valuation process. Appraisers also are facing more lawsuits claiming racial bias in undervalued homes, which adds to their stress on the job.

Appraisal 78

Appraisal Valuation Real Estate Appraisal Process 78

McKissock

NOVEMBER 9, 2021

Are you ready to turn your appraisal business into a money-making machine? With Anow , the leading software for real estate appraisal offices nationwide, you can move beyond spreadsheets, modernize your processes, and save valuable time every day. What parts of the appraisal process does Anow cover?

Appraisal 69

Appraisal Modernization Technology Appraisal Process 69

Simonson Real Estate

SEPTEMBER 16, 2021

Here at Simonson Appraisals, we do our best to have a 3-4 week turn-around time because we understand the appraisal process will provide you with the confidence to make the correct business decision for your needs. Navigating the Appraisal Process – What You Need to Know. We’d be happy to help.

Appraisal 78

Appraisal Appraisal Process Real Property Real Estate 78