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!

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Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic. Scott Murphy, CEO of D.S.

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Housing Wire

JULY 18, 2022

This fall will make a year since the announcement that the GSEs would begin to permanently accept desktop appraisals for conventional loans. The surprise that took a lot of the lending industry was they were expecting this new desktop to sort of mirror the COVID flexibility of the past,” Walser explained.

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Housing Wire

DECEMBER 16, 2021

The FHFA recently announced that desktop appraisals will become permanent. This change will give lenders a wider variety of appraisal options for each loan type, leading to greater agility and flexibility while they balance cost, turn time and the quality of loans. To learn more about ValueNet, click here.

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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.

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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.”.

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Appraisal Buzz

MAY 18, 2022

Desktop Appraisals have evolved so much in the past 3 years alone — how exactly can appraisers keep up on the changes and impact on the appraisal industry? Join us for our upcoming webinar, “ Desktop Appraisals – Yes, No, Maybe? ” Have all of your burning questions about Desktop Appraisals answered and more!

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Appraisal Buzz

JANUARY 24, 2022

LOUIS — January 24, 2022 — With Fannie Mae and Freddie Mac accepting desktop appraisals beginning in March, Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills in response. Additional webinars will be scheduled on an ongoing basis.

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Appraisal Buzz

JUNE 17, 2022

The COVID-19 pandemic has accelerated the shift to desktop appraisals. As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Below are five remote inspection tools worth.

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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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Appraisal Buzz

APRIL 20, 2022

has launched its new nationwide desktop appraisal data collection service to fully enable the new property valuation method called desktop appraisal endorsed and approved by Fannie Mae and Freddie Mac that started on March 19, 2022. Asteroom Inc.

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Appraisal Buzz

NOVEMBER 17, 2021

In today’s Buzzcast, we dive into the new technology that has emerged and how desktop appraisals are influencing the future of the industry. Today we have Jim Morrison, VP of Marketing and Sales for Allterra Group, and Tony Pistilli, Director of Valuation Operations at Accurate Appraisal Group.

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Appraisal Buzz

APRIL 19, 2022

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. Appraisers prefer Asteroom’s data because it includes a 3D tour that allows the appraiser to view the property remotely in its entirety for accurate and reliable appraisal results.

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Appraisal Buzz

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. McKissock does not endorse any position regarding whether appraisers should accept or reject desktop appraisal assignments. Our goal here is to.

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Appraisal Buzz

SEPTEMBER 6, 2022

Appraisers Can Complete Virtual Inspections Independently, Be Their Own Bosses, and Prepare for a Digital Future. Appraisers will now be able to register for full access to RemoteVal for both desktop and hybrid assignments at remoteval.net. Incenter Appraisal Management is also reachable by phone at 866-222-6205.

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Appraisal Buzz

MARCH 2, 2022

To view it please enter your password below: Password: The post Protected: Incenter Appraisal Management’s RemoteVal™ Prepares Lenders and Appraisers for Desktop Appraisals appeared first on Appraisal Buzz. This content is password protected.

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Appraisal Buzz

NOVEMBER 23, 2021

On Wednesday, December 8, 2021, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “Fannie Mae Q4 2021 Appraisal Update.” In this special interactive webinar, you’ll hear information on desktop appraisals and measuring and calculating GLA. Join us on Wednesday, Dec.

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Appraiserblogs

JULY 25, 2022

Can someone explain how we should voluntarily follow ANSI standard on desktop appraisals? Appraisers, Fannie Mae has released a new FAQ document to help you understand how to implement and adhere to their ANSI measuring and reporting requirement. Q13 discusses DESKTOP appraisals, for which NO adherence to ANSI is required.

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Appraisal Buzz

JUNE 1, 2022

BLOG VIEW: In January 2022, the government sponsored enterprises (GSEs) which consist of both Fannie Mae and Freddie Mac, announced that they would include a desktop appraisal option to its sellers. When this took effect in March, it opened the door to a potentially permanent change in the way appraisals are developed and completed.

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Appraisal Buzz

JUNE 1, 2022

BLOG VIEW: In January 2022, the government sponsored enterprises (GSEs) which consist of both Fannie Mae and Freddie Mac, announced that they would include a desktop appraisal option to its sellers. When this took effect in March, it opened the door to a potentially permanent change in the way appraisals are developed and completed.

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Appraiserblogs

FEBRUARY 10, 2022

Are desktop appraisals with third-party inspectors protecting the public, or are these products about to destroy the very profession I love so much. The Uniform Standards of Appraisal Practice (USPAP) are the key to maintaining public trust in real estate transactions. Desktop Appraisals, Panaceas for….

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Appraiserblogs

OCTOBER 29, 2021

…I’ve discovered a potential anomaly in Desktop reports (and Hybrids also) which might shock some appraisers… Desktop Appraisals, Panaceas for Faster Reports. Appraisers, I have a… The post Desktop Appraisals, Panaceas for Faster Reports appeared on Appraisers Blogs.

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JMV Lending

JANUARY 20, 2022

The post Desktop Appraisals Coming Soon; Flips too appeared first on JVM Lending. “Flips” Still A Thing A “flip” is a home that has was recently purchased and then subsequently listed for sale – typically at a higher price point – within a specific time period (3 to 12 months, depending on investors or guidelines).

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Padove Appraisal Service

APRIL 9, 2020

Because of current COVID-19 concerns, many prudent appraisers, and property owners are not completing appraisals with a traditional, interior walk through. In many cases, state and local “shelter in place” orders don’t permit this type of appraisal. Who knows the property better than the homeowner?

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JMV Lending

JANUARY 20, 2022

Desktop Appraisals Are Coming! An appraiser recently charged us $2,000 for a basic appraisal in suburbia with a slightly larger lot and a moderately short time frame – because we could not find anyone else, and he knew it. BUT – with refis drying up and appraisals getting waived or easier, that appraiser is not […].

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Appraiserblogs

OCTOBER 21, 2021

The desktop appraisals are not necessarily more reliable, which could become an adverse issue for appraisers in the future… Appraisers, we learned about this late on Monday, Oct. the desktop appraisals) put in place for appraisers after COVID-19 hit, have ended. 18, 2021: Sandra L.

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Housing Wire

MARCH 18, 2024

Valuation Selector helps lenders and investors identify the most suitable valuation method (AVM, AVM with inspection, desktop exterior, desktop interior or full appraisal) for a property, depending on its complexity.

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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.

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Appraisal Buzz

MARCH 25, 2024

Truv , a provider of automated employment and income verification technology for mortgage lenders, banks and credit unions, is now a conditionally authorized report supplier for mortgage lenders using Fannie Mae’s Desktop Underwriter (DU) validation service.

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McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. McKissock does not endorse any position regarding whether appraisers should accept or reject desktop appraisal assignments. What is the data source disclosure on the 1004 Desktop/70 D form?

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McKissock

JUNE 17, 2022

The COVID-19 pandemic has accelerated the shift to desktop appraisals. As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Below are five remote inspection tools worth looking into.

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AmeriMac

JUNE 14, 2023

If you’re in the market to buy or sell a property, you’re likely familiar with appraisals. They are a crucial step in determining the value of a property, and desktop appraisals have recently gained popularity as an alternative to traditional appraisals. What Is A Desktop Appraisal?

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Housing Wire

AUGUST 28, 2023

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.

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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.

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Housing Wire

AUGUST 3, 2022

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. According to a Class Valuation press release, AppraisalTek operates in all 50 states, as well as the District of Columbia, and has a “significant staff appraiser impression” in Arizona.

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Housing Wire

SEPTEMBER 16, 2022

House of Representatives this week passed a bill that streamlines the appraisal process for U.S. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether.

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