Housing Wire

APRIL 13, 2021

Private equity firm Gridiron Capital has acquired Michigan-based appraisal management company Class Valuation from another private equity player, Narrow Gauge Capital , the firms said in a statement on Friday. It would appear a good fit with Class Valuation, a fast-growing AMC with a technology bent.

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Valuation Inspection Technology Appraisal 287

Appraiserblogs

FEBRUARY 9, 2024

Recently, Class Valuation took to social media to boast about their Reconsideration of Value’s process (ROVs), claiming higher conversion rates and urging clients to choose them for a confident closing. The process of ROVs is meant to be a last resort when there are legitimate concerns or discrepancies in an appraisal report.

Valuation 138

Valuation Appraisal Clients 138

Housing Wire

JANUARY 23, 2024

a provider of property data and valuation technology solutions. With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said.

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Valuation Market Value Clients Government 434

Appraisal Buzz

JUNE 4, 2021

At Impact Valuation Group, we provide clients with reliable high-quality appraisal services in the shortest times possible, thus taking the worry and stress off the borrowers and lenders alike. We deliver high quality reports and offer a wide variety of appraisal products. We rise by lifting others up.

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Valuation Appraisal Process Clients Appraisal 221

Housing Wire

OCTOBER 1, 2022

If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools.

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Appraisal Real Estate Agent Valuation Training 392

Housing Wire

MARCH 1, 2023

Opteon , a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. “Our impending technology rollout will enable appraisers to deliver reports straight from the field,” Trice said. .

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Appraisal Valuation Technology Real Estate 360

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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Valuation Appraisal Appraisal Process Technology 197

Housing Wire

NOVEMBER 30, 2023

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: How are appraisers adapting to some of these challenges, including new rules on valuations from the GSEs?

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Modernization Appraisal Valuation Investing 430

Housing Wire

APRIL 9, 2021

closed on the acquisition of appraisal management software firm Appraisal Now for approximately $30.5 “This strategic acquisition bolsters recurring revenues and accelerates the development of Voxtur’s data ingestion engine, allowing clients to achieve optimal efficiency and cost savings,” Voxtur said in a statement.

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Appraisal Valuation Real Estate Agent Real Estate 383

Housing Wire

JUNE 6, 2023

Nationwide Property & Appraisal Services LLC (NPAS), a pioneer in the real estate appraisal sector, announced on Tuesday the launch of its product line, Pinnacle Desktop Appraisals. By separating the data collection and valuation processes, potential bias is eliminated, ensuring that homeowners and appraisers never meet.

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Appraisal Real Estate Valuation Technology 349

Housing Wire

OCTOBER 22, 2020

Stewart Appraisal Management , a subsidiary of Stewart Information Services Corp., announced on Thursday it acquired valuation services company Pro Teck Valuation Intelligence. Stewart is looking to strengthen and expand its scale in the appraisal and valuation solutions space.

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Valuation Real Estate Appraisal Process Technology 286

Housing Wire

NOVEMBER 28, 2023

Through the acquisition, ASG hopes to modernize the appraisal industry by providing innovative valuation products and solutions and complete new property data reports required by government-sponsored enterprises (GSEs). According to ASG, the Jaro platform reduced average turn times by 25% when a client is fully onboarded.

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Valuation Modernization Clients Appraisal 400

Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire: What’s the biggest pain point appraisers are currently facing?

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Housing Market Appraisal Appraisal Process Marketing 545

Housing Wire

FEBRUARY 27, 2024

“I’m honored to step into this position and help Xactus solve new client challenges,” Crockett said in a statement. “We Xactus provides solutions that include credit reporting, online verifications, fraud detection and property appraisal.

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Tenants Valuation Clients Training 359

Housing Wire

MARCH 24, 2023

When you google “ appraisal gap” — and I just did — a long list of search results appear. What I did see were links to lender websites almost apologetically explaining what an appraisal gap is to their customers and willing them not to panic if it happens to them. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Tools Valuation 431

Housing Wire

SEPTEMBER 22, 2020

HousingWire recently spoke with Keith Murray, president and CEO of VRM Mortgage Services, about the importance of diversity in an organization and how VRM has continued to serve its clients in an unusual year. How has VRM continued to serve its clients in such unusual times?

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Valuation Mortgage Technology Real Estate 432

Appraisal Buzz

JANUARY 10, 2022

SettlementOne Valuation Welcomes Matthew Scott as Chief Operations Officer, and Dave Roberts as Senior Vice President of Strategic Accounts, Accelerating Its Growth and Expansion Plans for 2022 and beyond. Indianapolis, Indiana, December 2021 – SettlementOne Valuation, a leading provider of appraisal management services to the U.S.

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Valuation Appraisal Technology Business 195

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Business Appraisal Real Estate Agent Clients 393

George Dell

NOVEMBER 30, 2022

The current excess of appraisers is the inevitable result of cyclical forces. The ups and downs persist due to the interaction of the five forces of friction: practices, standards, education, regulation, and client expectation. They tag-team a rampart against risk/valuation reform, bank safety, and movement toward unbiased […].

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Appraisal Valuation Clients 195

Appraisal Buzz

AUGUST 18, 2021

ValueLink Software is partnering with real estate valuation and analytics fintech company Clear Capital to enable its users to order Clear Capital ‘s suite of valuation products, including hybrid and desktop products. The integration gives ValueLink customers the flexibility to offer tailored solutions to their clients.

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Valuation Real Estate Clients Appraisal 195

Appraisal Buzz

MAY 2, 2024

She also previously served as sales and product manager for one of Xactus’ divisions, Appraisal Firewall. The post Xactus Names Danielle Walker SVP, Business Development appeared first on Appraisal Buzz. Danielle Walker has been promoted to senior vice president, business development, at Xactus.

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Development Business Valuation Modernization 195

Appraisal Buzz

JUNE 10, 2021

Clario becomes the first and only appraisal firm to participate in the program paving the way for the industry. RENO, Nev. — Clario Appraisal Network, Inc., Clario is the first and only appraisal firm to become SkillBridge approved and joins leading companies in other industries, including Lowes, Amazon and ADP.

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Appraisal Valuation Training Real Estate 370

Appraisal Buzz

JUNE 1, 2022

Sagent , a fintech company modernizing mortgage and consumer loan servicing for banks and lenders, is partnering with Consolidated Analytics to automate valuation offerings for default servicing through an integration into TEMPO , Sagent’s default management platform.

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Valuation Modernization Clients Appraisal 150

Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients.

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Valuation Client Relationships Clients Inspection 197

Housing Wire

NOVEMBER 8, 2021

First, he has his clients lender call the listing agent. But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients.

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Clients Agents Buyers Sellers 396

Housing Wire

JULY 6, 2023

Apprasial management company Valligent , which was recently acquired by enterprise risk management and collateral valuation services provider VerosTM , announced today that it has integrated with the ICE Mortgage Technology platform Encompass. This content was generated using AI and was edited by HousingWire’s editors.

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Technology Valuation Mortgage Design 353

Appraisal Buzz

OCTOBER 3, 2022

What should appraisers know before they sign the appraisal report and deliver their professional opinion of value? Many appraisers working in today’s marketplaces are about to find out how important this is. This is important information for appraisers, though it may not appear so at first. Appraisers track such data.

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Appraisal Marketing Real Estate Inventory 370

Appraisal Buzz

JANUARY 10, 2022

When it comes to the appraisal report, there are five primary risks lenders are working to mitigate. Here’s a brief look at valuation risk through the eyes of a lender or an Appraisal Management Company. Risk 1: Appraiser risk. Banks are required by regulation to use licensed and certified appraisers.

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Appraisal Real Estate Valuation Investors 374

Cleveland Appraisal Blog

MAY 26, 2023

Most weeks I perform appraisals for divorce or a marriage dissolution. In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. But then they had to hire me to perform an appraisal. That’s right!

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Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

JANUARY 25, 2022

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. How will this affect appraisal technology moving forward? How can technology help mitigate this issue?

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Technology Appraisal Modernization Valuation 351

George Dell

JULY 13, 2022

How do Standards effect the excess of appraisers? The excess of appraisers is cyclical. It persists by the five forces of friction: practices, standards education, regulation, and client expectation. In this blog issue, we consider the second friction (appraisal standards). The post Part 3: Fixing an Appraiser Excess?

Appraisal 195

Appraisal Valuation Clients 195

Appraisal Buzz

JANUARY 24, 2022

Are you ready to meet the new GSE requirement of a detailed floor plan for your desktop appraisals? Join us for our upcoming webinar on January 25th at 2 pm, “ The Future of Desktop Appraisals ” with Joshua Walitt and Mark Walser! Learn about all of the new features in RemoteVal – a free inspection app for appraisers!

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Appraisal Inspection Technology Valuation 370

Housing Wire

APRIL 6, 2021

Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. She recently had a deal fall apart due to appraisal. How hybrid title and valuations help increase lending efficiency.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Appraisal Buzz

NOVEMBER 15, 2021

Matt Simmons has been busy with his sixth edition of “Random Thoughts of an Appraiser!” There are plenty of times where appraisers have collectively had thoughts or concepts that can be communicated and/or questioned in a sentence and don’t need a dedicated article. The client won’t like it. You got me. I’m not anti-AMC.

Appraisal 435

Appraisal Valuation Finance Clients 435

Appraisal Buzz

SEPTEMBER 6, 2022

Appraisers Can Complete Virtual Inspections Independently, Be Their Own Bosses, and Prepare for a Digital Future. Appraisers will now be able to register for full access to RemoteVal for both desktop and hybrid assignments at remoteval.net. Appraisers pay a nominal fixed cost per inspection, which they build into their client fees.

Appraisal 195

Appraisal Inspection Lending Clients 195

Housing Wire

AUGUST 22, 2023

The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). ” Another trade group weighed in on the newly proposed rule. ”

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Valuation Appraisal Government Real Estate 369

Boston Appraisal

AUGUST 17, 2023

Appraisals are often a crucial part of real estate transactions, litigations, taxes, and estate planning. However, in the course of obtaining an appraisal or while reviewing an appraisal, it may be necessary to verify the reliability, credibility, and accuracy of an appraisal report.

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Clients Appraisal Market Value Property Taxes 78