Housing Wire

JUNE 1, 2023

Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” And the design and development of the models and algorithms can reflect the biases and blind spots of the developers.”

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Housing Wire

AUGUST 8, 2023

Real estate valuation technology company Clear Capital unveiled an automated underwriting risk analyzer solution called AURA on Tuesday. Through the AURA API solution, technology partners can provide lenders with a consolidated version of all the necessary data to assess the risk associated with an appraisal.

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Housing Wire

MARCH 13, 2024

While ChatGPT might be making headlines, the true killer apps of the AI revolution will add the technology to software that agents already know and love. Instead of just choosing a room type and furniture style, Reimaginehome lets you choose color themes, create landscape designs, and replace cloudy skies.

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Housing Wire

SEPTEMBER 8, 2023

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

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Real Estate Agent Tools Real Estate Agents 420

Housing Wire

AUGUST 2, 2023

AIR is designed to “safeguard the independence, objectivity, and impartiality of appraisers and other Independent Parties throughout the valuation process for 1 to 4-unit residential properties,” according to Fannie Mae. Fannie Mae approved six vendors for its controversial new valuation initiative a few days later.

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Housing Wire

AUGUST 8, 2023

Plunk , an AI-powered home analytics platform, has introduced a new tool called Plunk Pro that aims to transform the real estate market by offering real-time insights into home valuation, risk assessment, and remodeling possibilities. Users can receive real-time valuation data, predictive investment analysis, and thorough risk assessment.

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Housing Wire

AUGUST 22, 2023

The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). ” Another trade group weighed in on the newly proposed rule.

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Housing Wire

JUNE 6, 2023

Designed to cater to the needs of home equity lenders, fix and flip lenders, and bank default departments, Pinnacle Desktop Appraisals leverages the expertise of real estate professionals utilizing cutting-edge technology to streamline the collection of appraisal data while engaging local appraisers.

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Housing Wire

NOVEMBER 3, 2023

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. Find their dream home faster. Evaluate properties instantly.

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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.

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Appraisal Buzz

APRIL 15, 2024

The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. These forms became fixed in the mortgage industry and have remained the standard for decades.

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Housing Wire

NOVEMBER 6, 2023

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

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Housing Wire

FEBRUARY 20, 2024

The collaboration is designed to allow all of Baird & Warner’s 2,000-plus agents to benefit from RealReports’s wide-ranging property data. RealReports provides property data , spanning from climate risk to property valuation, for every home in the U.S. by drawing from more than 30 data providers.

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Housing Wire

SEPTEMBER 14, 2021

Black Knight is looking to hook mortgage brokers with a new loan origination system designed specifically for them. By providing anytime, anywhere access to advanced LOS technology, LoanCatcher meets brokers when and where they are, giving them the freedom to expand their business and better serve their customers.”.

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Housing Wire

MAY 27, 2022

The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. The designers historically have been unwilling to tell lenders all the factors used and how they are weighted,” Kully said. Presented by: Mortgage Coach.

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Housing Wire

OCTOBER 27, 2021

In an effort to keep homeowners safe while also still providing quality valuations, appraisers have been leaning heavily on technology for the past year and a half. So the most important part of it is being able to do more with less, and technology really gives that kind of gift to our lenders.”.

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Appraisal Buzz

APRIL 6, 2022

Clear Capital , a national real estate valuation technology company, has introduced two new desktop appraisal solutions – Desktop Appraisal and Desktop Data Collection. The post Clear Capital Introduces Two New Desktop Appraisal Solutions appeared first on Appraisal Buzz.

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Real Quantum

APRIL 22, 2022

LIVE WEBINAR | The Best Commercial Appraiser Technology. According to the McKissock 2019 Appraisal Income Guide , appraisers who excel at adopting new technologies earn over $44,000 more per year than appraisers who fail to leverage those tools. At the same time, they have little patience for poorly-designed products.

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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.

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Clear Capital

JULY 13, 2023

Clear Capital solutions combined with ICE’s API technology ensures fast and accurate collection and submission that is designed to meet Freddie Mac and Fannie Mae data standards for property data reports and property data collections respectively. Clear Capital’s automated status updates keep the lender informed in real-time.

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Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.

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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?

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Housing Wire

MARCH 2, 2021

Kutsishin will outline a borrower retention game plan designed to ensure every borrower has the right loan, right now. Speakers joining Kutsishin include UWM CEO Mat Ishbia , Figure Technologies CEO and co-founder Mike Cagney , MBA ’s Lisa Haynes , Blend CEO Nima Ghamsari , Mortgage Champions CEO Dale Vermillion and many more.

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Housing Wire

FEBRUARY 3, 2021

Figure Technologies CEO and co-founder Mike Cagney will be speaking on mortgage disruption and the outlook for 2021 at HousingWire’s Spring Summit on March 4. Prior to Figure, Cagney cofounded Social Finance (SoFi).

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Housing Wire

FEBRUARY 12, 2021

Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders.

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Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” Here are six misconceptions surrounding what AVMs currently do for appraisal valuation: 1. ” Amazing, right?

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Housing Wire

AUGUST 5, 2022

HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . HW: How can appraisal modernization enhance the valuation process?

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Housing Wire

AUGUST 2, 2022

HousingWire recently spoke with Kosta Ligris, CEO and co-founder of Stavvy, about how the mortgage tech journey has expanded beyond eClosings and is reaching all corners of the mortgage industry, from appraisal and valuation to internal workflows and processes. .

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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. Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA.

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Housing Wire

FEBRUARY 8, 2021

The summit brings together experts like Mohtashami who can speak to the topics that are critical to success in another unprecedented year, including: What mortgage tech is solving now Servicing challenges in a pandemic period Operational strategies in the current market The brave new world of valuations eClosing/RON update A new regulatory regime.

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Valuation Review

SEPTEMBER 13, 2021

AppraisalWorks, a provider of real estate appraisal technology, announced innovations to its flagship appraisal management technology platform. The platform is designed to streamline the real estate appraisal process, helping lenders and servicers achieve lower costs, faster turn times and greater transparency.

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Housing Wire

SEPTEMBER 6, 2023

Here is just one example among many: Proportunity helps would-be property owners to get a fair and up-to-date valuation of residential real estate. Agents must not fall behind the very same technological advancements that buyers are using to their advantage. That makes AI a part of the team as well, and it ought to be embraced as such.

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Housing Wire

NOVEMBER 3, 2021

million and puts the proptech at a roughly $590 million valuation, people with knowledge of the matter told Bloomberg. The software is built on Kubernetes, an open-source automation platform designed by Google and a familiar program to Valon co-founders Andrew Wang and Eric Chiang, who had both previously worked for the internet search giant.

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Housing Wire

AUGUST 31, 2021

Unfortunately, most valuation management technologies follow a one-size-fits-all approach, making it difficult for mortgage lenders, credit unions, AMCs and appraisal firms to work together. In today’s mortgage industry, many organizations have a unique real estate appraisal process that fits their exact business model.

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Appraiserblogs

MARCH 7, 2024

Despite its roots in a methodology designed to support appraisers, Value. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market.

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Housing Wire

FEBRUARY 5, 2021

The summit brings together experts who can speak to the topics that are critical to success in another unprecented year, including: What mortgage tech is solving now Servicing challenges in a pandemic period The brave new world of valuations eClosing/RON update Mortgage disruption outlook A new regulatory regime.

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Housing Wire

FEBRUARY 23, 2021

The summit covers topics that are critical to success in another unprecedented year, including: What mortgage tech is solving now Servicing challenges in a pandemic period Operational strategies in the current market The brave new world of valuations eClosing/RON update A new regulatory regime.

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