Housing Wire

JULY 31, 2023

It solves the pain point of inefficiencies in the mortgage industry’s appraisal process by providing an end-to-end solution, integrating vendor payments and compliance checks into a single platform. Ascent Software Group continues to work on updates to Jaro’s software to help further improve the appraisal process.

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Kairos Appraisal Services

SEPTEMBER 27, 2023

At Kairos Appraisal, we take pride in providing an efficient and streamlined appraisal process that benefits our borrowers, our lending partners, and most importantly our appraisers. At Kairos… The post Kairos’ Innovative Tools for Residential Appraisers appeared first on Kairos.

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AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This professional and attentive approach guarantees the accuracy and reliability of the appraisal.

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Housing Wire

JANUARY 18, 2023

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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Appraisal Buzz

DECEMBER 6, 2021

But this alone cannot solve the underlying issues with the current appraisal process, such as inefficient workflows and analogue data collection. Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation.

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McKissock

JUNE 17, 2022

Below are five remote inspection tools worth looking into. Rather, our intention is to provide appraisers with a sampling of currently-available remote property inspection tools so they can consider the potential benefits of integrating such tools into their appraisal process. eTrac Virtual Inspection Tool.

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Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process. SW: What keeps you up at night?

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Housing Wire

MARCH 1, 2023

” The expansion model includes a full-time client service team to assist customers with the appraisal process, in addition to more than 200 staff appraisers and a network of over 16,000 panel appraisers.

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Housing Wire

DECEMBER 21, 2023

MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. REALITY: The appraisal process is similar to conventional and other government-sponsored loans. The VA approves and contracts with local appraisal professionals to ensure a seamless process.

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Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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Housing Wire

JUNE 22, 2023

Founded by Jillian White , an SRA-designated appraiser with over two decades of leadership experience, the firm offers expertise to non-appraiser stakeholders, including regulators, lenders, and appraisal management companies (AMCs).

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Housing Wire

MAY 24, 2022

The main benefit of appraisal modernization, according to the first-quarter sentiment survey , is that it will help shorten the loan origination cycle time. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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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.

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Appraisal Buzz

AUGUST 24, 2021

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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Housing Wire

AUGUST 31, 2022

This helps eliminate human error, creates digital consistency in the output, and democratizes the creation of accurate property data critical to real estate listings and the appraisal process on a home loan. Users have the ability to leverage CubiCasa’s technology without prior training.

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Housing Wire

OCTOBER 4, 2023

For investors, we can assist with finding problematic appraisals and evaluating them for a potential putback using the same process. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?

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Appraisal Buzz

APRIL 8, 2024

Decentralization: By distributing appraisal records across multiple nodes, blockchain eliminates the risks associated with centralized systems, such as data breaches or single points of failure. For those keen on leveraging the best AI tools to understand blockchain’s potential further, AIToolWise offers a plethora of resources.

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Housing Wire

MAY 10, 2023

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of operations at ValueLink. Clear Capital is a national real-estate valuation technology company.

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Housing Wire

JANUARY 26, 2022

“Partnering with an independent mortgage broker continues to be the best choice for real estate agents and consumers, and we’re adding one more reason why with the no-cost appraisal,” said Ishbia. This tool will save homebuyers a lot of money and make the homebuying experience better for consumers and real estate agents alike.”.

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Housing Wire

AUGUST 23, 2022

We have been very active in hybrid appraisal pilots and we have seen the benefit of providing accurate, digital data about the property to the appraiser, which has been crucial to adoption. The time and cost savings are significant compared to a traditional appraisal process, which means less burden on the borrower.

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Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. Source: Inc.

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Housing Wire

OCTOBER 18, 2022

Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets. Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S.

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Housing Wire

DECEMBER 1, 2020

Through his role as executive vice president of innovation labs, Allen has played an integral part of spearheading solutions such as OwnerInsight, a free, consumer-friendly mobile tool that the company launched this year amid the COVID-19 pandemic.

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Clear Capital

AUGUST 30, 2021

Clear Capital , a real estate valuation and analytics fintech leader, today announced that its ClearInsight app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards. August 30, 2021 —. About Clear Capital. For more information, visit PropTechBreakthrough.com. Media Contact. 888-550-6385, ext.12.

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Housing Wire

SEPTEMBER 23, 2021

Others don’t provide appraisers with accurate enough data. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. The post Are remote appraisals here to stay?

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DataMaster

SEPTEMBER 29, 2023

DataMaster’s proprietary SAAS-based workflow tool helps drive efficiencies in the appraisal process by shortening turn times and increasing accuracy via automation, resulting in improved throughput and earning potential for appraisers. Founded in 1980, DataMaster is headquartered in Layton, UT.

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Housing Wire

JULY 12, 2022

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. MV: VA’s appraisal process is criticized for being lengthy and costly. Last year the Assisted Appraisal Processing Program launched. How will this benefit borrowers?

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Housing Wire

MARCH 23, 2021

HW: How and why has appraisal management technology evolved over the past year? AA: The past year saw a rapid evolution in appraisal management technology. Smart innovation and prudent risk management tools are needed to assess the risk profile of the loan and the property.

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Housing Wire

FEBRUARY 14, 2022

Another tool the FHFA says it will use to spur affordability is through its equitable housing finance plans. To further the goal of affordability, the FHFA also said it would “explore modernizing the single-family appraisal process to foster efficiency in mortgage markets, and address barriers to equitable valuation.”.

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Housing Wire

OCTOBER 16, 2020

“During this important time in our nation’s history, our organizations stand together to enhance existing training and ethics initiatives and work even harder to ensure that the appraisal process is free of bias or discrimination of any kind,” said Appraisal Institute President Jefferson Sherman.

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Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Housing Wire

SEPTEMBER 23, 2021

Appraisal management company Clear Capital is looking to beef up tech tools for its network of appraisers, and it is doing so through an acquisition. The Reno, Nevada-based company just closed on the acquisition of Finnish proptech startup CubiCasa this week.

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Housing Wire

MARCH 23, 2023

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S.

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Kairos Appraisal Services

OCTOBER 27, 2022

Kairos Appraisal, a nationally recognized AMC, is now licensed in 42 states. The company is known and recognized for its work in revolutionizing the appraisal process.

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Appraisal Buzz

AUGUST 8, 2022

Fannie Mae has long allowed and encouraged the participation of trainees in the appraisal process. More details on trainee participation can be found on page 3 of our December 2021 Appraiser Update newsletter. From the outset, appraiser trainees have already taken at least 78 hours of education to qualify for trainee licensure.

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Housing Wire

MAY 27, 2022

In March, the Biden administration announced a multi-step plan to advance equity in the appraisal process. With advances in data engineering and modeling, we now have the technology and tools available to begin correcting some of the bias and issues in the modern valuation process.

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Housing Wire

MAY 2, 2021

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

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