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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

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? But you already know this.

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How will appraisal technology evolve in 2022?

Housing Wire

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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CubiCasa’s free SaaS technology has helped create more than 1 million floor plans to date

Housing Wire

CubiCasa’s innovative SaaS technology digitally maps out a home’s floor plan in as little as five minutes. To continue to modernize the valuation process and achieve its goal of drastically increasing the number of floor plans in the U.S., Users have the ability to leverage CubiCasa’s technology without prior training.

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Xactus’ valuation solution approved to fulfill Fannie Mae’s property data collection orders

Housing Wire

Hybrid appraisals require a vetted and trained third party to inspect the property and gather data — including a floor plan — and deliver it to a licensed appraiser for a desktop appraisal. ” Fannie Mae’s program is part of its ongoing efforts to modernize the valuation component of the mortgage industry. .”

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Lender Toolkit and Reggora partner to streamline mortgage underwriting

Housing Wire

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.”

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A View on Risk: Desktop Appraisals

Appraisal Buzz

Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. During 2020 and 2021 as the Covid-19 pandemic global pandemic disrupted our lives and the way we all do business, regulators, agencies, and the government sponsored enterprises allowed inspection relief in certain circumstances.

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Staying Relevant in the Appraisal Industry

Appraisal Buzz

Technology has made appraising easier, but it is so rapidly changing that it is essential to understand the new playing field it creates. However, with technology gathering information faster, better, and more efficient than past methods, reliance on current technologies can make an appraiser irrelevant in the future.

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