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How AI is changing the valuations process

Housing Wire

HousingWire recently spoke to Chris McLain, division president of Valuations for Consolidated Analytics , about the current appraisals market, AI innovation in valuations and valuation products for HELOCs and second-lien mortgages. HousingWire: How is the market for appraisals changing in 2024?

Valuation 343
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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 382
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Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

Housing Wire

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
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Opteon expands its direct-to-consumer appraisal offerings

Housing Wire

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 316
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CubiCasa’s free SaaS technology has helped create more than 1 million floor plans to date

Housing Wire

This helps eliminate human error, creates digital consistency in the output, and democratizes the creation of accurate property data critical to real estate listings and the appraisal process on a home loan. Eliminating costs makes it straightforward for any appraiser to ensure they are giving their client their home’s precise data.

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Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

The team at Simonson Appraisals has found that one of the best tools we have to overcome this challenge while continuing to produce reliable and credible appraisals is speaking with owners, lenders and other market participants dealing with the different segments of commercial real estate. Updated 9/8/2020.

Valuation 130
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Navigating capacity concerns amidst record-high volumes

Housing Wire

Working with some of the nation’s largest banks and mortgage servicers, offering asset management, property disposition, title, close, valuation, and field services through an integrated, technology-driven platform. This is a huge value for our clients when it is crunch time.”.

Clients 349