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Best practices to speed up the appraisal process

Housing Wire

For instance, desktop appraisals became a permanent option for certain loans in March 2022, and along with hybrid appraisals, they’re reducing cycle times significantly. “We We’re having really high success using these products to expedite the purchase appraisal transactions compared to a traditional process.”.

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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. At the moment, the technology is being piloted internally. Presented by: Accurate Group.

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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. This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology.

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How AI will transform the mortgage and appraisal industries

Housing Wire

With AI’s capacity to perform complex reasoning and manage autonomous operations, it is critical to explore how this technology can reshape industry standards, enhance operational efficiency, and how we as an industry manage its inherent risks. One prevalent myth suggests that AI will replace human appraisers entirely.

Appraisal 411
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AppraisalWorks Transforms Real Estate Appraisal Technology Platform

Appraisal Buzz

AppraisalWorks , a real estate appraisal technology provider, has enhanced its flagship appraisal management technology platform. The AppraisalWorks platform is designed to streamline the real estate appraisal process, helping lenders and servicers achieve lower costs, faster turn times and greater transparency.

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Overcoming 2023’s biggest appraisal challenges

Housing Wire

Both types of initiatives are important, but no one seems to be talking about how we can get more production out of our current set of appraisers. The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries.

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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. SW: How do you think about technology and prioritizing what to do next?

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