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. The firm announced on Wednesday that it was eliminating about 24% of its workforce, or over 250 jobs, as it restructures departments and consolidates teams amid a tough housing market.

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Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. That is a lot of bread!

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Housing Wire

DECEMBER 21, 2021

HousingWire Editor-in-Chief Sarah Wheeler had the opportunity to catch up with Autumn Barkhuff, CoreLogic Principal of Program Management, to talk about potential housing market trends in 2022 and how real estate analytics can enable decision making. “So

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Housing Wire

OCTOBER 18, 2022

Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S. due to the slowdown in the housing market, according to the firm. Real estate valuation analysts are most affected by the cut in Roseville, with 25 out of a job.

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Appraisal Buzz

APRIL 8, 2024

As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Lack of Transparency: Traditional appraisal methods often lack a clear audit trail, making it difficult to trace back decisions or valuations.

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Housing Wire

AUGUST 2, 2023

Department of Housing and Urban Development (HUD) on Wednesday announced a new collaboration with the National Association of Real Estate Brokers (NAREB) designed to increase the housing industry’s awareness of appraisal bias. housing and home property valuation. housing and home property valuation.

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Housing Wire

NOVEMBER 28, 2023

The ongoing housing market decline, which saw existing-home sales fall 36% in 2022 alone (on a seasonally adjusted annual basis) and 41% overall to September’s low, is the sharpest (though not the deepest) in the history of this industry. Retain and develop. Spend less money than you make.

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Clear Capital

NOVEMBER 29, 2022

Today, we’re thrilled to announce the launch of Interactive ClearAVM (automated valuation model). ClearAVM is an AI-based, investment-grade AVM that produces reliable, highly-accurate market value predictions and uses machine learning to deliver property valuations on more than 139 million addresses across the United States.

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Appraisal Buzz

MAY 6, 2024

ICON, an Austin based firm, has developed a 3D printed wall system. These homes can endure many of the climate risks very well and could transform affordable housing as we know it. Areas more exposed to such risk are likely to see increased volatility in valuations.”

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Cleveland Appraisal Blog

MAY 26, 2023

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. The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. All three are market-based approaches.

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Housing Wire

JULY 28, 2021

An Oakland homeowner says the home valuation process failed her due to the color of her skin, according to a complaint filed with U.S. Department of Housing and Urban Development. Cora Robinson, who is Black, claims that appraiser Thomas Kearney violated the Fair Housing Act by undervaluing her home by over $400,000.

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Appraisal Buzz

DECEMBER 6, 2021

With the current red hot housing market, demand for appraisers is outstripping the reduced supply, which is pushing up fees and pushing out appraisal completion times. Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation.

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Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. They can be, in essence, the “boots on the ground” for investors and developers alike.

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Housing Wire

OCTOBER 11, 2023

“Investors have a view of this sector in general; every company has a low valuation, and certainly in mortgages,” Martell said. “And there are some winners currently in the housing market that are doing better (…). .” loanDepot’s stock closed at $1.47 on Wednesday. ”

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Clear Capital

MAY 24, 2022

Using an Automated Valuation Model (AVM) for real estate valuations isn’t new in the mortgage industry. Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. The housing needs are changing.” .

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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Appraisal Buzz

SEPTEMBER 19, 2022

Valuation Expo 2022 at the Mirage Hotel in Las Vegas was a record-breaking success! With our highest numbers recorded for attendance in the last 10 years, Valuation Expo provided everyone with the connections they wanted and need to build their business. There was a lively debate about where this housing market is heading.

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Housing Wire

SEPTEMBER 20, 2021

But when homebuyers face a gap between the amount they are willing to pay for a house and its appraised value, they often must weigh paying the difference out of pocket. The Department of Housing and Urban Development has received only a handful of such complaints in recent years.

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Housing Wire

JUNE 24, 2022

With the firm entering the mortgage tech industry, the lender will offer some of its proprietary, in-house technology, developed under the Mid America Mortgage brand, across the industry for different lenders who want to build an end-to-end digital mortgage process.

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Appraiserblogs

MARCH 7, 2024

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

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Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

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Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries. Total year-end sales volume ended at 5.64 Therein lies the problem.

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Housing Wire

SEPTEMBER 7, 2021

With more than 20 years of industry experience, Brandao has spent her career assessing the needs of the mortgage industry and responding with unique products to support the ever-changing demands of the housing market. .

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Housing Wire

JULY 15, 2021

Online mortgage marketplace Morty announced the close of a $25 million Series B financing round, pushing the total company valuation to $150 million. “The past twelve months have been a transformative time for the housing market,” Apsel said. The company is currently licensed in 36 states and Washington D.C.,

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Housing Wire

NOVEMBER 11, 2021

One of the updates to the program is enhanced value determinations, which will now “use a sales comparison approach” and allow for qualified FHA roster appraisers to perform valuations, the FHA said. How Freddie Mac is addressing affordable housing challenges. Presented by: Freddie Mac.

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Housing Wire

OCTOBER 4, 2023

Top recommended AI application ideas included compliance, underwriting and property valuation. About 22% of surveyed lenders responded they started deploying AI or ML on a limited or trial basis, a jump from only 13% in 2018. Lending institutions included mortgage banks, depository institutions and credit unions.

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Housing Wire

MAY 2, 2022

During the pandemic, the Federal Housing Finance Agency (FHFA) began allowing for desktop appraisals, or an appraisal that can be performed from a desktop without a physical property inspection. The webinar was attended by nearly a thousand industry participants, including lenders, valuations experts and third-party fintech companies.

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Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Despite uncertain economic times, the housing market experienced a surge during the pandemic.

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Appraisal Buzz

OCTOBER 3, 2022

According to the Uniform Standards of Professional Appraisal Practice (USPAP), the rules that all professional appraisers are required to abide by, appraisers must take into consideration all market trends and other influences on property value in their valuation opinions. USPAP Rule 1-3 (d) (v) makes this clear. Of course not.

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Housing Wire

JANUARY 20, 2021

Brian Deese, Biden’s choice to lead the National Economic Council , said the president will call upon the Centers for Disease Control and Prevention and the departments of Veterans Affairs , Agriculture and Housing and Housing and Urban Development , to aid in an immediate extension of their federally backed mortgages.

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Housing Wire

FEBRUARY 5, 2021

He’ll be speaking on the Operational Strategies panel, with Lisa Patterson, COO of Homepoint, and Vanessa Montanez, sales and business development manager at US Bank. The focus of the Spring Summit is The Year-Round Purchase Market.

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D Fritz Appraisals

AUGUST 3, 2023

Uptake of the Missing Middle Housing Initiative is Off to a Slow Start Victoria, BC, has been hailed as ambitious for its adoption of the progressive Missing Middle Housing Initiative in early 2023. So why, a few months into the initiative, have no missing middle housing projects broken ground?

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Cleveland Appraisal Blog

JUNE 18, 2022

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

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Housing Wire

JULY 12, 2021

the housing market in the U.K. market and were surprised to see how we could make it so much better for consumers buying and financing a home for the first time. We found a kindred spirit in the team at Trussle who have developed a platform that we can work alongside to help every Briton own their own home.”

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Housing Wire

NOVEMBER 21, 2022

CoreLogic is proud to sponsor Convergence and lead the development of a novel solution to this thorny supply challenge. The front end of the development cycle (from initial concept, to planning, permitting, and finally, a “shovel-ready” project) can take double-digit months or even years to complete.

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Housing Wire

MARCH 30, 2021

Housing and Urban Development Secretary Marcia Fudge put an end to speculation that the agency would move to reduce the Federal Housing Authority ‘s mortgage insurance premiums by 25 basis points. Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry.

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Housing Wire

MAY 23, 2022

Bost said in a statement that the VA appraisal requirements are a strain on veterans trying to compete in a hot housing market and that this legislation would make VA borrowers more competitive. “VA VA home loans have given millions of veterans and their families the opportunity to purchase a home. Sponsored Video.

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