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Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. housing cannot be accomplished with a focus on appraisal alone.

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Clear Capital launches appraisal tool to speed photo review

Housing Wire

Appraisal management company Clear Capital , in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product , ClearPhoto. Presented by: Accurate Group. According to a recently published study by the U.S.

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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.

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Geographic “Data” Competency?

Appraisal Buzz

Today all of the MLS listing data we need to complete an appraisal is at our fingertips along with tools to help us better understand the data. Tools that can complete regression analysis, aggregate large data sets, and create heat maps are all available online.

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Overhauling the Appraisal Process

DataMaster

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.

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2020 HW Tech Trendsetter: Jeff Allen

Housing Wire

Most recently, Allen led the inception and introduction of an in-house innovation lab at Clear Capital to solve challenges presented to the real estate and mortgage industries, with the goal of leaning deeper into innovation in a more accelerated way through focused research, testing and development.

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A View on Risk: Desktop Appraisals

Appraisal Buzz

The team at Fannie Mae were the first to announce requirements lockstep with their Regulator that desktop appraisals will become a normal part of the appraisal product landscape. Appraisal Labels. Prior to 2020, the most common appraisal label in the mortgage origination ecosystem was the Full Appraisal.

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