Appraiserblogs

MARCH 7, 2024

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. Despite its roots in a methodology designed to support appraisers, Value. It’s time to grab your popcorn and… The post Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Modernization 146

Modernization Appraisal Valuation Appraisal Process 146

Housing Wire

MARCH 21, 2023

Lender and appraisal management companies and other property data collection companies can now use Black Knight ‘s Scout mobile property inspection as part of the value acceptance plus property data process. It’s a welcome move for mortgage tech firms in terms of modernization in the industry.

Valuation 284

Valuation Modernization Appraisal Appraisal Process 284

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders.

Mortgage 367

Mortgage Modernization Appraisal Process Loan Conditions 367

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? SR: We’ve leveraged AI for years.

Appraisal 421

Appraisal Technology Modernization Real Estate Agent 421

Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: How and why has appraisal management technology evolved over the past year?

Appraisal 396

Appraisal Valuation Inspection Modernization 396

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. Hybrid appraisals use the services of a third party.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Clear Capital

MARCH 23, 2022

Last year’s acquisition of CubiCasa by Clear Capital, a national real estate valuation technology company, was just one step in the firm’s overall mission to modernize the appraisal process, a top official told Mortgage Professional America. READ FULL STORY.

Appraisal Process 36

Appraisal Process Modernization Appraisal Inspection 36

Housing Wire

JANUARY 25, 2022

This will range from the technology used to conduct home appraisals and valuations, as well as the technology that lenders and appraisal vendors use to manage their operational workflows. The appraisal process, which isn’t simple to begin with, is becoming even more dynamic. The second are streamlined integrations.

Technology 370

Technology Appraisal Modernization Valuation 370

Clear Capital

MAY 10, 2023

In support of the appraisal modernization policy changes, it’s imperative that we are able to provide lenders with an efficient and seamless experience,” said Kenon Chen , EVP of Strategy and Growth at Clear Capital. For borrowers, this modernization can provide upfront value certainty and reduced costs for eligible loans.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

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.

Inspection 221

Inspection Valuation Real Estate Real Estate Agent 221

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

Clear Capital

FEBRUARY 2, 2022

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.

Modernization 69

Modernization Appraisal Appraisal Process Inspection 69

Clear Capital

MAY 7, 2021

The modern appraisal embraces data and technology to gather data differently. Collecting data in a non-biased, standardized format helps decrease the systemic racial bias found in appraisals. The post “How digitizing appraisal inspections can reduce risk and bias” tech talk appeared first on ClearCapital.com, Inc.

Inspection 66

Inspection Appraisal Modernization Appraisal Process 66

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. A fundamental change.

Modernization 79

Modernization Real Estate Agent Reconsideration of Value Appraisal Process 79

Appraisal Buzz

FEBRUARY 7, 2022

The onset of the Covid-19 pandemic in 2020 introduced two new appraisal labels – the Exterior-only Appraisal and the Desktop Appraisal. Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. Appraisers rely on standards of practice and processes.

Appraisal 435

Appraisal Inspection Development Technology 435

AmeriMac

NOVEMBER 15, 2023

If you are a lender or a borrower, you might be familiar with the valuation options available through Freddie Mac. ACE + PDR stands for Automated Collateral Evaluation and Property Inspection Waiver with Power of Attorney (ACE + PDR). So buckle up as we dive deeper into this valuation option offered by Freddie Mac.

Valuation 36

Valuation Appraisal Appraisal Process Real Estate 36

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

Appraisal 68

Appraisal Inspection Real Estate Agent Training 68

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 369

Valuation Modernization Training Appraisal Process 369

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. By Dallas T.

Appraisal 68

Appraisal Inspection Modernization Business 68

Clear Capital

SEPTEMBER 13, 2023

Well, with the introduction of inspection-based appraisal waivers to the market, you can! This blog post discusses what an inspection-based appraisal waiver is, how these programs benefit underwriters, and how you can easily get started with these programs to streamline and expedite your underwriting.

Appraisal 36

Appraisal Inspection Modernization Valuation 36

Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

Appraisal 69

Appraisal Technology Appraisal Process Valuation 69

Assurance Financial

OCTOBER 20, 2022

Assurance Financial Reduces Cost Per Loan and Improves Borrower Satisfaction with Appraisal Automation from Reggora. Reggora , an appraisal management software company that is modernizing residential real estate valuation for mortgage lenders, announces outstanding business results with Assurance Financial.

Appraisal Process 36

Appraisal Process Modernization Inspection Technology 36

Clear Capital

JUNE 14, 2022

Collateral Desktop Analysis provides transparency and efficiency to ValueLink customers conducting appraisal reviews. The CDA re-evaluates the original appraisal so lenders can deliver a comprehensive loan file quickly. Houston — June 14, 2022 —. Clear Capital is proud to be at the forefront of this movement.”

Appraisal 36

Appraisal Valuation Inspection Technology 36

McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

Appraisal 88

Appraisal Inspection Real Estate Agent Technology 88

Housing Wire

MAY 2, 2022

From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates.

Appraisal 397

Appraisal Valuation Technology Inspection 397

Walitt Solutions

JULY 28, 2019

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Aedis Appraisals

JUNE 13, 2017

So, if you happen to be interested in getting a real estate appraisal in Toronto , for instance, feel free to use this article as an introductory guide to understanding the ins and outs of the modern appraisal process. What Is an Appraisal and When Do I Need One? Home Appraisal and Home Inspection Differences.

Property Appraisal 36

Property Appraisal Appraisal Inspection Real Estate 36

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Presented by: PCV Murcor.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Housing Wire

NOVEMBER 30, 2021

And the appraisal process is no exception. After a summer filled with overwhelming demand and too little appraisal capacity, which increased loan costs and time to close, there is finally light appearing at the end of the tunnel. The appraisal gap for properties in Latino neighborhoods can be even worse, going as high as 9.4%.

Appraisal Process 421

Appraisal Process Modernization Appraisal Valuation 421

Appraisal Buzz

SEPTEMBER 1, 2021

LLC, a leading provider of real estate valuation solutions with their flagship valuation platform called – Profet.ai. This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows.

Appraisal 195

Appraisal Valuation Real Estate Modernization 195

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What is a desktop appraisal? or its subsidiaries. All rights reserved.

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Why would the GSEs want this product?

Tools 149

Tools Inspection Appraisal Technology 149

AmeriMac

MARCH 14, 2022

A lot of people don’t realize just how tech-driven the modern day real estate market truly is. Yes, it’s true that certain things like valuations and appraisals still require a lot of time and energy from a certified professional. Case in point: valuation software. Why Valuation Software Matters.

Valuation 36

Valuation Real Estate Market Value Appraisal 36

Town & Country Residential Appraisals

MARCH 30, 2020

The AMC slowed the process down by 24 hours because they needed us to comment if the lot, in the middle of a town, with dimensions of 105’ x 140’ x 71’ x 152’, was an income producing farm. Undisclosed Information / Miscommunication There are a lot of people in the mortgage process, and a lot of information to change hands.

Appraisal Process 53

Appraisal Process Appraisal Inspection Finance 53

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Why would the GSEs want this product?

Tools 78

Tools Inspection Appraisal Technology 78