Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

Inspection 432

Inspection Appraisal Buyers Appraisal Process 432

Appraisal Buzz

DECEMBER 20, 2021

Rarely do sub-processes of mortgage loan origination have the opportunity to undergo similar stress tests. It quickly became apparent that the health risk would prevent professional fee appraisers from entering properties in order to inspect them for their appraisal reports. Mortgage servicing is a good example.

Valuation 367

Valuation Inspection Appraisal Lending 367

Housing Wire

NOVEMBER 18, 2020

HousingWire recently spoke with CoreLogic’s Chief Appraiser Shawn Telford about re-examining traditional appraisal workflows in light of the changes brought on by COVID-19. HousingWire: What changes have appraisers had to make to their workflows in light of social distancing and other COVID-related concerns?

Inspection 373

Inspection Valuation Appraisal Technology 373

Housing Wire

NOVEMBER 8, 2023

Property services provider SingleSource Property Solutions has launched a new data collection solution for appraisal supported by SingleVue, its new mobile app, the company announced on Tuesday. Fannie Mae’s program, which began earlier this year, is part of its ongoing efforts to modernize the valuation component of the mortgage industry.

Valuation 326

Valuation Inspection Modernization Training 326

Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

Valuation 370

Valuation Technology Real Estate Appraisal 370

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. The government-sponsored enterprise (GSE) approved six vendors following the roll-out of its new valuation initiative.

Valuation 239

Valuation Modernization Appraisal Appraisal Process 239

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? SW: How is technology changing appraisals?

Appraisal 421

Appraisal Technology Modernization Real Estate Agent 421

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.

Modernization 384

Modernization Appraisal Real Estate Valuation 384

Housing Wire

AUGUST 5, 2022

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?

Appraisal Process 393

Appraisal Process Modernization Appraisal Logistics 393

Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.

Modernization 485

Modernization Appraisal Lending Investing 485

Housing Wire

DECEMBER 8, 2022

Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, for example, some markets saw appraisals take as long as three to six weeks. What’s going on?

Appraisal Process 382

Appraisal Process Appraisal Valuation Logistics 382

Appraisal Buzz

MAY 31, 2021

A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. When the couple received the final appraisal report of their home’s value, they were shocked!

Valuation 370

Valuation Appraisal Real Estate Insurance 370

Housing Wire

MAY 2, 2021

Over the last several years, significant technology trends continue to change the way people interact and work, and collateral valuation is no exception. This unique valuation offering is bolstered by the industry’s largest, most comprehensive database of property and homeowner information and recorded document images.

Technology 386

Technology Valuation Mortgage Inspection 386

Appraisal Buzz

AUGUST 9, 2021

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Most appraisers have been busier than ever over the past year and may be struggling to keep up with deadlines. Policy can affect all segments of the appraisal profession.

Appraisal 435

Appraisal Inspection Lending Business 435

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. Made to order.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Housing Wire

DECEMBER 6, 2021

A San Rafael, California real estate appraiser is being sued for allegedly undervaluing a home by almost 50% because the homeowners are Black. Miller of Miller & Perotti Real Estate Appraisal and AMC Links LLC , an appraisal management company headquartered in Lehi, Utah.

Appraisal 394

Appraisal Valuation Development Real Estate 394

Housing Wire

MAY 23, 2023

In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. We often hear the statistic that the average appraiser is a 57-year-old white male.

Technology 364

Technology Appraisal Lending Valuation 364

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. Incenter Appraisal Management is also reachable by phone at 866-222-6205.

Appraisal 195

Appraisal Inspection Lending Clients 195

Housing Wire

MAY 9, 2023

Appraisal management software company Reggora announced this week the launch of its Appraisal Marketplace, which leverages data managed by the company in an effort to improve appraisal performance. By leveraging Reggora’s own data, its marketplace is aiming to improve the performance of the appraisal industry, the company said.

Appraisal 331

Appraisal Inspection Loan Officers Mortgage 331

Appraisal Buzz

FEBRUARY 7, 2022

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. The team at Fannie Mae were the first to announce requirements lockstep with their Regulator that desktop appraisals will become a normal part of the appraisal product landscape. Appraisal Labels.

Appraisal 435

Appraisal Inspection Development Technology 435

Housing Wire

MARCH 23, 2021

Last year’s record-high origination volumes impacted every aspect of the mortgage cycle, and appraisals were no exception. In light of that, HousingWire recently sat down with ValueLink SVP of Operations Aqil Ahmed to discuss today’s appraisal landscape. HW: What is the No.

Appraisal 337

Appraisal Valuation Inspection Modernization 337

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. That savings can be passed on to borrowers.”

Mortgage 295

Mortgage Modernization Appraisal Process Loan Conditions 295

Appraisal Buzz

MAY 18, 2022

Desktop Appraisals have evolved so much in the past 3 years alone — how exactly can appraisers keep up on the changes and impact on the appraisal industry? Join us for our upcoming webinar, “ Desktop Appraisals – Yes, No, Maybe? ” Have all of your burning questions about Desktop Appraisals answered and more!

Appraisal 195

Appraisal Inspection Valuation Construction 195

Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. And to make that happen, lenders need a solution that streamlines the appraisal process and eliminates potential mistakes. Appraisals are often time-consuming.

Valuation 202

Valuation Technology Supply Chain Inspection 202

Housing Wire

FEBRUARY 18, 2022

Fannie Mae recently announced that it will begin to “include a desktop appraisal option in Desktop Underwriter beginning March 19, 2022. Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. ” Amazing, right? What about AVMs?

Appraisal Process 374

Appraisal Process Appraisal Valuation Renovations 374

Housing Wire

JANUARY 3, 2022

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. Permanent desktop appraisals are a win for everyone – here’s why.

Tools 414

Tools Appraisal Appraisal Process Real Estate 414

Appraisal Buzz

MAY 10, 2021

Appraisers are paid for their opinion. Their opinions are one of the most important parts of the mortgage industry. Because of that, we’ve modified the Appraisal Buzz website to give appraisers a playground for open discussion. That is 15 chances for you to attend Valuation Expo in Las Vegas for free.

Appraisal 369

Appraisal Valuation Inspection Mortgage 369

Appraisal Buzz

MAY 6, 2024

If this trend continues, consumers and appraisers will need to have a heightened awareness of where and how insurance pricing or availability is affecting house prices.” You may be wondering how this all trickles down to the appraisal report. Appraisers might not be thinking about climate change just yet in their analyses.

HOA 370

HOA Insurance Legal Fees Valuation 370

Housing Wire

JUNE 30, 2021

The right mortgage services provider is essential to helping wholesale lenders and their brokers thrive in this constantly evolving market. 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.

Valuation 196

Valuation Client Relationships Clients Inspection 196

Housing Wire

MARCH 11, 2021

The Federal Housing Finance Agency (FHFA) announced on Thursday that it has again extended relaxed lending and appraisal standards for both Fannie Mae and Freddie Mac. The COVID-19-related flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on March 31, 2021.

Lending 485

Lending Appraisal Inspection Property Appraisal 485

Appraiserblogs

MARCH 7, 2024

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. appeared on Appraisers Blogs.

Modernization 139

Modernization Appraisal Valuation Appraisal Process 139

Housing Wire

FEBRUARY 10, 2021

Lender Sierra Pacific Mortgage (SPM) announced Wednesday it will use CoreLogic’s collateral valuation platform in order to streamline future home appraisals. Are borrower-assisted inspections here to stay? to two loan files per day. . to two loan files per day. . Presented by: CoreLogic.

Appraisal 384

Appraisal Appraisal Process Inspection Valuation 384

Appraisal Buzz

APRIL 19, 2022

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. Appraisers prefer Asteroom’s data because it includes a 3D tour that allows the appraiser to view the property remotely in its entirety for accurate and reliable appraisal results.

Appraisal 195

Appraisal Inspection Real Estate Agent Valuation 195

Housing Wire

JANUARY 13, 2021

United Wholesale Mortgage ( UWM ) unveiled a new policy this week, telling brokers that appraisals will be completed within 10 business days or they’ll refund 50% of the appraisal cost back to the customer. It’s expected to achieve a valuation of $16.1 Are borrower-assisted inspections here to stay?

Appraisal 351

Appraisal Real Estate Agent Inspection Valuation 351

Appraisal Buzz

JUNE 14, 2021

Fannie and Freddie are slowly rolling back some of the COVID-era regulations that have facilitated getting appraisals done during the pandemic. Appraisers are starting to get one-off requests from Fannie and Freddie for more information and an interior inspection, even though the property already had a COVID-alternative accepted.

Appraisal 435

Appraisal Appraisal Process Technology Housing Market 435

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Appraisal Buzz

DECEMBER 20, 2021

. — December 16, 2021 — Deephaven Mortgage today announced an alliance with Incenter Appraisal Management to give Non-Agency/Non-QM brokers a new competitive advantage by offering remote appraisal services for Deephaven’s loans. Deephaven was founded in 2012 and led the rebuilding of the non-government mortgage market.

Appraisal 195

Appraisal Mortgage Technology Appraisal Process 195