Remove Appraisal Process Remove Design Remove Lending Remove Modernization
article thumbnail

Why is now the time for lenders to modernize their appraisal processes

Housing Wire

With tech solutions and automation dominating more and more of the mortgage experience, the appraisal process can feel a bit dated, often causing significant slowdowns. HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?

article thumbnail

From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. Data will be emphasized and made more discrete.

Appraisal 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.” Among other initiatives the company is taking to digitize its real estate lending process is expanding its affiliate appraisal management platform AppraisalWorks to include title and closing services, Doman added.

Valuation 383
article thumbnail

Reggora’s appraisal platform provides automatic status updates to all stakeholders to increase transparency

Housing Wire

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 209
article thumbnail

1004 Desktop appraisals: A monumental step forward for appraisal modernization

Clear Capital

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. We applaud this move and are dedicated to supporting lenders in the adoption of 1004 Desktop appraisals.

article thumbnail

How To Appraise Rural Properties

Appraisal Today

Urban, Suburban, Rural in Appraisals Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? This kept appraisers busy.

article thumbnail

Choosing the Right Appraiser: A Guide for Agents, Attorneys, Accountants, and Homeowners

Birmingham Appraisal

Education and Qualifications Beyond the basic licensing requirements, top-tier appraisers often pursue additional education and professional designations to enhance their skills and knowledge. Look for appraisers who hold designations such as the SRA ( Senior Residential Appraiser from The Appraisal Institute ).