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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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Reggora is on a mission to deliver shorter turn times with its modern appraisal management platform

Housing Wire

With first hand knowledge of how complex and time consuming appraisals can be, Reggora is motivated to streamline and modernize the process, benefiting appraisers, lenders and buyers themselves. Before founding Reggora, Brian Zitin and Will Denslow, co-founders, launched a successful real estate brokerage. “The

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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. appeared on Appraisers Blogs.

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Proposed VA appraisal law looks to even the playing field

Housing Wire

A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together.

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HW Annual to tackle the biggest changes in appraisal

Housing Wire

With recent developments from Fannie Mae and Freddie Mac to pursue a more digital appraisal process that could both speed up the process and remove any unconscious bias from it, it is important for industry professionals across the space to stay at the top of their game. Appraisal Modernization: What’s the end game?”

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Class Valuation’s CIO on solving the appraisal conundrum

Housing Wire

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. Everybody is affected by the appraisal process. SR: We’ve leveraged AI for years.

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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry. But this alone cannot solve the underlying issues with the current appraisal process, such as inefficient workflows and analogue data collection. AMCs Driving Tech Innovation .

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