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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?

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Best practices to speed up the appraisal process

Housing Wire

And whenever you increase the supply, you’re going to make the logistics more efficient. Technology is helping every step of the mortgage process become more efficient, to the point where some are estimating that closings could take place in as little as 10 days in the future. Can appraisals keep pace?

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Appraisers raise alarm on AMC revenue-sharing models

Housing Wire

These organizations were intended to function as a mortgage industry firewall in the aftermath of the 2008 financial crisis, acting as middlemen between lenders and appraisers and overseeing the logistics of property appraisal processes.

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What role does appraisal tech have in creating customers for life?

Housing Wire

According to Reggora co-founder and CEO Brian Zitin, “Lenders need to start paying attention to the appraisal process now, more than ever.”. This year’s hot housing market has created several obstacles within the appraisal process that impact both the lender and the borrower. The second challenge is the actual logistics.

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How will appraisal technology evolve in 2022?

Housing Wire

Digging into the workflow technology a bit further, it’s going to become increasingly important for appraisal management systems to have built-in flexibility for managing new types of workflows. The appraisal process, which isn’t simple to begin with, is becoming even more dynamic. We are a technology company first.

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VA official talks future of partial claims and revamping its reputation

Housing Wire

The perception of VA loans as risky and logistically complicated — even if an outdated view — continues to impact the competitiveness of the borrowers it serves. John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner.

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The Ultimate Guide to Estate Planning Appraisal for Real Estate Properties

The Robert Weiler Company

While his addition to the coveted 90-year-old club is welcomed news for nonagenarians and their families alike (not to mention his rabid fans), the logistics of that longevity include some serious discussions over estate planning. How Are Real Estate Appraisals Related to Estate Planning? What Does the Probate Process Look Like?