Appraisal, Modernization, Tools and Valuation

Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

OCTOBER 18, 2021

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?

Modernization

Modernization Valuation Appraisal Training

Clear Capital’s Kenon Chen on appraisal modernization

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?

Modernization

Modernization Appraisal Valuation Investing

Lenders see appraisal modernization as a top priority

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

Modernization Appraisal Lending Investing

Clear Capital launches UDC to support appraisal modernization

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

Modernization Appraisal Real Estate Valuation

Class Valuation’s CIO on solving the appraisal conundrum

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? SR: We’ve leveraged AI for years.

Appraisal

Appraisal Technology Modernization Real Estate Agent

Appraiser-Controlled Desktop and Remote Valuations

Appraisal Buzz

MARCH 21, 2022

Now that the GSEs have approved desktop valuations for purchase, appraisers need a way to collect trustworthy, verifiable data while also submitting floor plans on reports! Join us for our upcoming webinar on March 22 nd at 2 pm, “ Appraiser-Controlled Desktop and Remote Valuations ” with Mark Walser and Lisa Ratzke!

Valuation

Valuation Appraisal Inspection Technology

SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

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

Valuation Inspection Modernization Training

Clear Capital and CoreLogic expand partnership

Housing Wire

APRIL 20, 2023

Real estate valuation technology provider Clear Capital announced on Thursday an expansion of its partnership with CoreLogic. Through the expanded partnership, Clear Capital’s recently launched Universal Data Collection product will be available for order and fulfillment through CoreLogic’s suite of Valuation Workflow Solutions.

Modernization

Modernization Valuation Tools Appraisal

What should lenders consider in 2024 for collateral risk?

Housing Wire

FEBRUARY 20, 2024

Appraisal modernization is vital. Gareth Borcherds , managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. Reduction in reliance on full appraisals. Higher quality appraisals.

Modernization

Modernization Tools Appraisal Technology

Clear Capital expands its partnership with ValueLink

Housing Wire

MAY 10, 2023

Real estate valuation technology company Clear Capital announced on Wednesday that it has expanded its partnership with ValueLink , a valuation management platform, to offer better support for appraisal modernization policy changes. Clear Capital is a national real-estate valuation technology company.

Valuation

Valuation Modernization Technology Appraisal

Ascent Software Group acquires property data collection platform Value Acceptance

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). Terms of the ASG-Value Acceptance deal were not disclosed.

Valuation

Valuation Modernization Clients Appraisal

How Tech is Working on the Solution to the Appraiser Shortage

Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

Appraisal

Appraisal Appraisal Process Valuation Technology

Xactus Names Danielle Walker SVP, Business Development

Appraisal Buzz

MAY 2, 2024

She also previously served as sales and product manager for one of Xactus’ divisions, Appraisal Firewall. Danielle will continue to play a pivotal role in helping Xactus advance the modern mortgage.” The post Xactus Names Danielle Walker SVP, Business Development appeared first on Appraisal Buzz.

Development

Development Business Valuation Modernization

The risks and benefits of non-traditional appraisal methods

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

Appraisal Valuation Inspection Modernization

Class Valuation Hires Industry Leader to Grow DataMaster

DataMaster

SEPTEMBER 29, 2023

29, 2023 – Class Valuation is pleased to announce that Jennifer Tossavainen has joined the company as managing director of DataMaster, the gold standard for property data management software. Class Valuation’s recent hire demonstrates its commitment to driving appraisal innovation through DataMaster’s platform. TROY, MI — Sept.

Valuation

Valuation Real Estate Modernization Appraisal Process

Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

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.

Valuation

Valuation Appraisal Appraisal Process Technology

Best practices to speed up the appraisal process

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. New products speeding up the process.

Appraisal Process

Appraisal Process Appraisal Logistics Valuation

How is the industry adapting to desktop appraisals?

Housing Wire

AUGUST 23, 2022

Desktop appraisals became a permanent option for certain loans earlier this year. HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. How willing are appraisers to adopt desktop and hybrid appraisals?

Appraisal

Appraisal Modernization Appraisal Process Technology

Going to Extremes

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

HOA Insurance Legal Fees Valuation

Progress now or perfect later: Improving the appraisal process

Housing Wire

FEBRUARY 24, 2023

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. Another common theme is reducing the amount of subjectivity within the appraisal forms and data standard.

Appraisal Process

Appraisal Process Appraisal Reconsideration of Value Valuation

The appraiser can’t be replaced by technology – Here’s why

Housing Wire

APRIL 20, 2021

The public response to the recent Federal Housing Finance Agency (FHFA) Request for Information on appraisal-related issues was significant, with 164 unique written comments. ” From the National Association of Home Builders (NAHB): “NAHB is a strong proponent of a sound and effective appraisal industry. .”

Technology

Technology Appraisal Valuation Lending

Clario Appraisal Partners With Dod Skillbridge Program

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.

Appraisal

Appraisal Valuation Training Real Estate

Clear Capital Expands Relationship with CoreLogic in Support of Modern Appraisal Readiness

Clear Capital

APRIL 20, 2023

Clear Capital Expands Relationship with CoreLogic in Support of Modern Appraisal Readiness Clear Capital’s Universal Data Collection product available to be ordered, fulfilled through CoreLogic Valuation Workflow Solutions Reno, Nev.

Modernization

Modernization Appraisal Valuation Real Estate

A View on Risk: Desktop Appraisals

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

Appraisal Inspection Development Technology

Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

JANUARY 25, 2023

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. We looked at this as not just an adjustment to the current market climate, but also looking at the current shift that’s happening in the valuation industry.

Valuation

Valuation Technology Modernization Appraisal

Clear Capital and ValueLink Expand Partnership to Support Recent Appraisal Modernization Policy Changes

Clear Capital

MAY 10, 2023

In addition to immediate national scalability and coverage, UDC is available at a fraction of the cost of a traditional appraisal, and completed in half the time. “In ValueLink Software provides industry-leading appraisal management solutions for lenders, appraisal management companies and appraisers.

Modernization

Modernization Appraisal Valuation Real Estate

Clear Capital and LenderX Partner to Deliver Collateral Review for Appraisal Modernization

Clear Capital

AUGUST 30, 2023

AURA is the first AI-driven appraisal review solution in API format that enables lenders to automatically assess images, text and floor plans. LenderX is the first Clear Capital partner to provide lenders with access to AURA, giving them a competitive advantage in streamlining the traditional and hybrid appraisal review process.

Modernization

Modernization Appraisal Valuation Real Estate

Clear Capital acquires Finnish digital floor plan firm

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. How do remote valuation solutions benefit appraisers? The appraisal-valuation space has seen quite a bit of mergers and acquisitions and disruptions in the last year.

Valuation

Valuation Technology Appraisal Modernization

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes

Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev.

Modernization

Modernization Appraisal Valuation Real Estate

Staying Relevant in the Appraisal Industry

Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Buzz: What is your background in the appraisal industry? Buzz: What is your background in the appraisal industry?

Appraisal

Appraisal Inspection Valuation Real Estate

Fannie Mae ‘Census Block Grid’ Adjustment Raises Redlining Concerns

Appraiserblogs

APRIL 23, 2024

“FNMA’s collateral underwriter tool has a line item adjustment it makes on every comparable called Census Block Grid.” The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. Related Posts: The One-Mile Rule: Prudent Policy or Modern Day Redlining?

Tools

Tools Modernization Home Value Appraisal

Outlining a Productive Conversation

Appraisal Buzz

AUGUST 30, 2021

You say you care about collateral valuation, you are aware of the plight of professional fee appraisers in a world that seems to be losing sight of their value, you understand the lender drive to reduce risk in their transactions. — The Appraisal Report: a tool undergoing a facelift. Maybe a handful.

Modernization

Modernization Valuation Real Estate Appraisal

Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

Modernization

Modernization Technology Appraisal Mortgage

2020 HW Tech Trendsetter: Jeff Allen

Housing Wire

DECEMBER 1, 2020

Jeff Allen brings more than 15 years of real estate valuation, data and analytics experience to the Clear Capital executive leadership team. OwnerInsight enables safe social distancing in the appraisal process by empowering homeowners to securely provide high-quality information and images of their homes without having an appraiser on-site.

Valuation

Valuation Real Estate Modernization Appraisal Process

Clear Capital Calls on Companies to Join the Clear Capital Partner Network Focused on Appraisal Modernization

Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital invites partners to join them in achieving a shared goal of bringing appraisals along on a digital transformation journey. March 1, 2022 —. Innovation for All.

Modernization

Modernization Appraisal Valuation Technology

A loan officer’s ultimate guide to appraisal modernization

Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them?

Modernization

Modernization Appraisal Inspection Valuation

PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.”

Valuation

Valuation Property Appraisal Training Appraisal

AppraisalWorks™, Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders

Clear Capital

NOVEMBER 3, 2022

AppraisalWorks , Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders. Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation.

Valuation Review

Valuation Review Valuation Appraisal Modernization

Clear Capital’s ClearInsight app named ‘Property Valuation Tool of the Year’ in 2021 PropTech Breakthrough Awards

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. Company recognized for innovation in global real estate technology industry. August 30, 2021 —. About Clear Capital.

Valuation

Valuation Tools Real Estate Technology

Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Valuation

Valuation Technology Development Real Estate

Now Available: Easy BPO Ordering with Property Valuation API

Clear Capital

AUGUST 24, 2022

Now you can order BPOs through your system utilizing Property Valuation API — Clear Capital’s all-in-one valuation suite — and receive the BPO results as data and/or an easy-to-read pdf report. And with Property Valuation API, you can easily initiate a hold, cancel, or request a revision effortlessly if something changes.

Valuation

Valuation Real Estate Modernization Training

Non-Arms Length Sales for Appraisers

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

Appraisal

Appraisal Real Estate Real Estate Agent Contracts

Black Knight’s REvolution suite helps streamline a time-consuming process

Housing Wire

MAY 31, 2021

One of the most challenging aspects in a real estate transaction is the valuation process. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery.

Inspection

Inspection Valuation Real Estate Real Estate Agent

Appraisal waivers: What lenders should know

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

Appraisal

Appraisal Inspection Real Estate Agent Training

Modernizing Appraisals: Collaborative Valuation

Clear Capital’s Kenon Chen on appraisal modernization

Trending Sources

Lenders see appraisal modernization as a top priority

Clear Capital launches UDC to support appraisal modernization

Class Valuation’s CIO on solving the appraisal conundrum

Appraiser-Controlled Desktop and Remote Valuations

SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Clear Capital and CoreLogic expand partnership

What should lenders consider in 2024 for collateral risk?

Clear Capital expands its partnership with ValueLink

Ascent Software Group acquires property data collection platform Value Acceptance

How Tech is Working on the Solution to the Appraiser Shortage

Xactus Names Danielle Walker SVP, Business Development

The risks and benefits of non-traditional appraisal methods

Class Valuation Hires Industry Leader to Grow DataMaster

Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

Best practices to speed up the appraisal process

How is the industry adapting to desktop appraisals?

Going to Extremes

Progress now or perfect later: Improving the appraisal process

The appraiser can’t be replaced by technology – Here’s why

Clario Appraisal Partners With Dod Skillbridge Program

Clear Capital Expands Relationship with CoreLogic in Support of Modern Appraisal Readiness

A View on Risk: Desktop Appraisals

Clear Capital cuts 24% of its workforce in restructuring

Clear Capital and ValueLink Expand Partnership to Support Recent Appraisal Modernization Policy Changes

Clear Capital and LenderX Partner to Deliver Collateral Review for Appraisal Modernization

Clear Capital acquires Finnish digital floor plan firm

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes

Staying Relevant in the Appraisal Industry

Fannie Mae ‘Census Block Grid’ Adjustment Raises Redlining Concerns

Outlining a Productive Conversation

Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

2020 HW Tech Trendsetter: Jeff Allen

Clear Capital Calls on Companies to Join the Clear Capital Partner Network Focused on Appraisal Modernization

A loan officer’s ultimate guide to appraisal modernization

PAVE Task Force Releases Recommendations to Promote Valuation Equity

AppraisalWorks™, Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders

Clear Capital’s ClearInsight app named ‘Property Valuation Tool of the Year’ in 2021 PropTech Breakthrough Awards

Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk

Now Available: Easy BPO Ordering with Property Valuation API

Non-Arms Length Sales for Appraisers

Black Knight’s REvolution suite helps streamline a time-consuming process

Appraisal waivers: What lenders should know

Stay Connected