article thumbnail

Appraisal Logistics Announces Two Key Hires

Appraisal Buzz

Nicholas Turansky recently joined Appraisal Logistics as national account director, while Anthony Savala joined the company as senior vice president of sales. Before joining Appraisal Logistics, Turansky served as national sales director for LenderX, a company that provided valuation technology solutions to lenders.

Logistics 195
article thumbnail

Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraisal Logistics Taps Elizabeth Green as Chief Strategy Officer

Appraisal Buzz

Elizabeth Green has joined Appraisal Logistics , a provider of appraisal management technology and compliance solutions for the residential/commercial mortgage industry, as chief strategy officer. Green is an industry veteran and collateral valuation expert who has served the mortgage industry for 30 years.

Logistics 150
article thumbnail

Appraisers raise alarm on AMC revenue-sharing models

Housing Wire

In a shrinking mortgage market, fee pressures are the main challenge for appraisers, according to a new survey from the National Association of Realtors. In 2023, nearly half of appraisers surveyed said fee pressure was their biggest challenge, up 20 percentage points since last year.

Appraisal 369
article thumbnail

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?

article thumbnail

Best practices to speed up the appraisal process

Housing Wire

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? New products speeding up the process.

article thumbnail

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

Housing Wire

While having core systems in place is important, no matter how good a lender’s process is, if there’s an issue with the appraisal, everything could be compromised. According to Reggora co-founder and CEO Brian Zitin, “Lenders need to start paying attention to the appraisal process now, more than ever.”. The first is legacy technology.

Appraisal 393