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LERETA Promotes Mitch Bledsoe to Chief Technology Officer 

Appraisal Buzz

Mitch Bledsoe has been promoted to chief technology officer for LERETA , which provides real estate tax and flood services for mortgage servicers. Bledsoe, who joined LERETA in 2022, was previously senior vice president of enterprise technology.

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Lenders see appraisal modernization as a top priority

Housing Wire

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. However, they have several more pressing priorities when it comes to what they’re investing in.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

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? Technology. Many stakeholders in the profession have given their opinions on what that means.

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Built Technologies closes $88 million Series C funding round

Housing Wire

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Modern construction finance requires new infrastructure altogether. and Canada. and Canada.

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Class Valuation acquires AMC Valuation Connect

Housing Wire

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Terms of the deal were not disclosed.

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CMO Coleen Bogle on strategic leadership in a higher rate environment

Housing Wire

One of our key initiatives has been to revitalize The Money Store brand, giving it a fresh, modern appeal. We’ve also implemented project management technologies and streamlined processes to improve workflow and turnaround times for loan officer requests, effectively halving the time it takes to fulfill them.

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RealReports raises $2 million in seed funding

Housing Wire

TTV Capital , Moderne Ventures , Erez Capital and other venture capital firms led the round of investment. With this capital infusion, the company aims to accelerate its product development, grow its team and pursue market penetration with real estate brokerages, MLS associations and other proptech companies nationwide.