Housing Wire

APRIL 18, 2024

At Jaro , our commitment to integrating AI automation alongside the traditional appraisal process is not just about keeping pace with technology — it’s about making the process of appraising and valuing properties better for every stakeholder: from lenders, to borrowers, appraisers and everyone in between.

Appraisal 421

Appraisal Mortgage Appraisal Process Tools 421

Appraisal Buzz

JULY 20, 2021

The post Madhavi Sabnis: Today’s AI-Driven Mortgage Platforms Require Employee Training appeared first on Appraisal Buzz. But today’s newer systems can deliver a degree of intelligence and “self-awareness” that far exceeds the rudimentary automation served up by past systems. With AI baked in, the next generation of loan.

Training 370

Training Mortgage Appraisal 370

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.

Appraisal 397

Appraisal Real Estate Agent Valuation Training 397

Appraisal Buzz

MAY 21, 2021

AXIS Lending Academy , a non-profit education program that offers free hybrid education training to people seeking a career in the mortgage industry, recently launched. The free training program educates and prepares candidates for a career in mortgage operations and helps with job placement.

Training 195

Training Mortgage Lending Appraisal 195

Appraisal Buzz

AUGUST 8, 2022

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. All this begs the question, why are there not more supervisory appraisers?

Appraisal 397

Appraisal Training Appraisal Process Business 397

Appraisal Buzz

MAY 1, 2024

In this week’s episode, host Hal Humphreys talks with Kevin Hecht, Appraisal Training and Development Manager and Real Estate Economist for McKissock. What can appraisers expect from the market in the near future? Appraisers that are attending both can get up to 21 hours of CE.

Real Estate 351

Real Estate Marketing Training Valuation 351

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 370

Modernization Valuation Appraisal Training 370

Appraisal Buzz

MAY 25, 2022

HOUSTON, TX (May 25, 2022) – Before opening its doors in January of 2020, Accurity Consolidated laid out very specific goals to create a large wave of revival in the appraisal industry. McKeever described the process of finding someone to train him as “extremely difficult.” It has been the first job that I have loved,” he added.

Appraisal 370

Appraisal Training Appraisal Process Real Estate 370

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.

Appraisal 384

Appraisal Reconsideration of Value Valuation Training 384

Housing Wire

FEBRUARY 1, 2024

There are several factors to cite but I want to highlight a key area that may be taken for granted — that not everyone receives a fair home appraisal. Stifled The Fair Housing Center of Metropolitan Detroit shared that loan denial rates in Detroit, due to the appraised value of a home (a.k.a. She said a lot without explicitly anything.

Real Estate 410

Real Estate Appraisal Insurance Training 410

Appraiserblogs

APRIL 7, 2021

An appraiser shared the following with us. Amrock is requiring all appraisers on their panel to complete a diversity, equity and inclusion training by April 19, 2021. As part of that plan, all Amrock team members have completed an online Cultural Competency Training.

Training 146

Training Appraisal 146

Appraisal Buzz

FEBRUARY 28, 2022

Before we discuss the impact of technology on the future of appraisal data, it’s good to get a historical perspective. Forty years ago, appraisers were storing property data on Property Cards. A lot has changed over the last two decades, but appraisal data and more specifically, appraisal inspections have remained unchanged.

Appraisal 482

Appraisal Inspection Technology Training 482

Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We

Appraisal 458

Appraisal Valuation Appraisal Process Technology 458

Appraiserblogs

APRIL 15, 2024

In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. As a professional real estate… Slandering Appraisers. As Chance acknowledges, the Institute should have done more to.

Appraisal 148

Appraisal Valuation Training Real Estate 148

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

FEBRUARY 9, 2023

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice , who created the two entities about 20 years ago. The Maryland-headquartered Appraisal Buzz sends out newsletters two times a week, featuring articles and submissions from industry leaders, according to its website.

Valuation 370

Valuation Appraisal Training Real Estate 370

Appraiserblogs

MARCH 3, 2023

Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie Mae is explicitly working toward the elimination of appraisers for real property valuations. appeared on Appraisers Blogs.

Training 116

Training Valuation Appraisal Real Property 116

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 370

Appraisal Valuation Training Real Estate 370

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 384

Technology Appraisal Lending Valuation 384

Housing Wire

MARCH 5, 2021

What a two-year stretch it has been for appraisers. The appraisal workforce was already in decline in 2019. These factors combined to throw the appraisal industry in flux. It has a very uncertain future: will in-person appraisals be the norm, or will technology overtake the process completely or partially?

Appraisal 432

Appraisal Valuation Training Technology 432

Appraisal Buzz

JULY 26, 2021

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. This article addresses several issues with the real estate appraisal profession that are worthy of further examination and comment.

Appraisal 370

Appraisal Real Estate Inspection Training 370

Housing Wire

APRIL 30, 2022

In February 2022, Fannie Mae and Freddie Mac added 1004 Desktop/70D Appraisal products to their Selling Guide for new purchase loans. However, for lenders to take advantage of these benefits on behalf of their customers, they need to navigate new GSE requirements, such as ensuring appraisers have access to a digital floor plan.”.

Appraisal 370

Appraisal Valuation Technology Real Estate 370

Appraisal Buzz

JULY 25, 2022

Freddie Mac’s ACE+ PDR has taken effect – how are appraisers going to be impacted? Join us for our upcoming free webinar on July 28 th at 2 pm ET, “ ACE + PDR: What does this mean to you, and what’s the future for appraisal data collection? ” The PDR reflects data physically collected by an appraiser or another data collector.

Appraisal 360

Appraisal Inspection Training Valuation 360

Housing Wire

OCTOBER 2, 2023

Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders. Xactus Appraisal Firewall X provides data for both processes. Xactus Appraisal Firewall X provides data for both processes.

Valuation 410

Valuation Training Modernization Appraisal 410

Housing Wire

JANUARY 18, 2023

From an appraiser shortage to turn-time challenges amid record-breaking volumes, the past few years have been a whirlwind for the appraisal industry. HousingWire recently sat down with Jaro Managing Director Gareth Borcherds to learn what steps housing professionals can take to speed up appraisals.

Appraisal 384

Appraisal Reconsideration of Value Appraisal Process Technology 384

Appraiserblogs

MARCH 12, 2021

With that being said, the last piece of the quality puzzle starts at the... Related Posts: FHFA to Screw Up Appraisals The FHFA is looking for comments on how they can better screw up the appraisal process.

Training 148

Training Valuation Appraisal Process Appraisal 148

Housing Wire

FEBRUARY 1, 2022

With no end in sight to the high demand for housing, the real estate industry faces a serious problem: a dwindling pool of appraisers. HousingWire recently spoke to Chris Knight, CEO and Gabriel Hern, President of Opteon , which consists of a partnered AMC and staff appraiser firm. I began my career as an appraiser in Australia.

Appraisal 370

Appraisal Training Modernization Technology 370

Housing Wire

OCTOBER 29, 2021

JPMorgan Chase recently donated $3 million to the Appraiser Diversity Initiative , putting its financial support behind a growing movement to bring more diversity to the residential appraisal field. In addition to driving sustainable homeownership, we’re working with our partners to root out bias in the residential appraisal process.

Appraisal 370

Appraisal Appraisal Process Training Lending 370

McKissock

JUNE 6, 2022

The use of Microsoft Excel is widespread in the appraisal industry. In a recent survey, Excel was among the top four software tools on which appraisers said they’d like additional training. Are you looking for new and better ways to leverage Excel tools in your appraisal business? View the schedule.

Training 70

Training Real Estate Appraisal Tools 70

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!

Appraisal 302

Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

DECEMBER 14, 2021

Appraisers are not supposed to base their analysis on protected classes, and in the Uniform Residential Appraisal Report, appraisers attest that “race and the racial composition of the neighborhood are not appraisal factors.” Still, there were a number of troubling examples — although the report does not specify how many.

Appraisal 432

Appraisal Valuation Finance Training 432

Appraisal Buzz

APRIL 18, 2022

This article was first published in the Appraisal Buzz Magazine. We are asking for submissions about your wildest appraisal stories! All the way from haunted encounters to animals that have been (unexpectedly) stumbled upon – Share with us and you could be featured in our Fall 2022 Appraisal Buzz Magazine. That’s when.

Appraisal 413

Appraisal Business Retail Legal 413

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. In October , Xactus ’s valuation solution, Appraisal Firewall X, also met federal requirements to fulfill Fannie Mae property data collection orders.

Valuation 406

Valuation Inspection Modernization Training 406

Housing Wire

APRIL 30, 2022

Analyzing Comps can be a pain point for both the client and the appraiser. Historically, appraisers haven’t had visibility into their own peers’ data, even though they’re graded on their consistency with their peers and asked to comment on their peers’ data.

Appraisal 370

Appraisal Training Clients Real Estate 370

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 370

Appraisal Modernization Appraisal Process Technology 370

Housing Wire

JANUARY 24, 2022

That was the startling and totally hypothetical analogy made, based on the current structure of the Appraisal Foundation , in a scathing report released this week. Until recently … the appraisal industry seems to have escaped the type of regulation and scrutiny faced by other participants in the mortgage market,” the authors wrote.

Government 370

Government Appraisal Reconsideration of Value Lending 370

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Not professional appraisers. Appraisers will provide market trends for the properties that compete with the property being appraised.

Appraisal 354

Appraisal Market Value Legal Property Appraisal 354