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). When announcing the proposed rule, Vice President Kamala Harris weighed in.

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Valuation Appraisal Government Real Estate 370

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. In 2018, the firm acquired Class Appraisal, a real estate asset valuation and appraisal management solutions provider. . Terms of the deal were not disclosed.

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Logistics Legal Investors Technology 360

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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Valuation Property Appraisal Training Appraisal 91

Appraisal Buzz

JULY 11, 2022

Part one of this series on the subject of Appraisal Review provided an overview of the risk management concepts used by many lenders today to manage risk associated with real estate lending. But any expectation that such a robust tool can be developed and utilized effectively is neither feasible nor plausible.

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Tools Appraisal Development Real Estate 195

Housing Wire

JUNE 9, 2021

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. For appraisers, we have developed an end-to-end, encrypted, AI-driven platform to streamline scheduling, manage payments, and facilitate direct, real-time communication between stakeholders.

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Appraisal Property Taxes Technology Valuation 393

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

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Valuation Technology Development Real Estate 268

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. An improperly used axe can injure the user or be damaged through misuse rendering the tool useless.

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Technology Appraisal Valuation Lending 393

Housing Wire

SEPTEMBER 25, 2020

billion valuation, CEO Mat Ishbia today unveiled a new tech tool that he claims will bring “game-changing flexibility” to brokers. In an interview with HousingWire, Ishbia said the product has been in development for about a year. It was tested by a few select brokers in recent months.

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Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? Taylor Stork, chief operating officer at Developer’s Mortgage Company , agrees. It’s not subprime lending.

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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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Appraisal Inspection Valuation Real Estate 195

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

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Tools Valuation Inspection Investors 392

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. “So, the roadshow was very, very well received.”

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Insurance Investors Technology Real Estate Agent 382

Housing Wire

AUGUST 12, 2020

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. Stay tuned for updates.

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Investing Loan Officers Technology Development 488

Housing Wire

SEPTEMBER 23, 2021

Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. However, some remote solutions put an added burden on the homeowner. Others don’t provide appraisers with accurate enough data.

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Housing Wire

OCTOBER 14, 2022

Now retired, Mohtashami has years of direct lending experience and his astute analysis of economic data allows him to present a unique, informed and unbiased perspective on the financial markets. His work focuses on helping Freddie Mac develop its economic outlook, including forecasts of trends in the economy and housing markets.

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Housing Market Marketing Real Estate Finance 470

Clear Capital

JUNE 14, 2022

We’re excited to announce that property rental data is now available in ClearProp , the lending-grade, industry-leading valuation tool. You can experience at no cost*, ClearProp’s deep rental property and interactive valuation data by registering at portal.clearcapital.com. ClearProp enables data-rich property research

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Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. It also offers a lot of other great tool options.

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Business Appraisal Real Estate Agent Clients 393

Housing Wire

AUGUST 11, 2020

The most abhorrent racist practices, such as redlining, are officially prohibited, yet bias creeps into mortgage lending in myriad ways. One tool I used for a time to level this playing field was seller-funded down payment assistance. This makes it more important than ever to consider how the U.S. It’s a serious challenge.

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Government Sellers Development Mortgage 414

The Robert Weiler Company

SEPTEMBER 30, 2020

In most instances, such as public development projects or litigation cases, the commercial appraisal review is a mandatory examination of an appraisal report to spot mistakes, address errors in a CRE appraiser’s judgment or update information based on changing conditions due to the passage of time. Grant Applications.

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Clear Capital

OCTOBER 27, 2021

National real estate valuation technology company well-positioned to experience continued growth in 2021. October 26, 2021 — Clear Capital, a national real estate valuation technology company, today announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

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Valuation Real Estate Technology Tools 69

McKissock

MARCH 2, 2021

As an experienced appraiser, you’ve likely encountered pressure to hit the purchase price or develop your appraisal based on a predetermined value. Get access to videos like this and hundreds of professional development resources and tools with our Unlimited Learning Membership. This, of course, is unethical.

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Appraisal Contracts Market Value Clients 103

Clear Capital

SEPTEMBER 24, 2021

You can access ClearProp’s deep property data and interactive valuation report through an API, in addition to the previously announced ClearProp availability through portal.clearcapital.com. Be it pre-valuation property knowledge, property valuations, or post-valuation review, ClearProp handles due diligence situations with ease.

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Valuation Valuation Review HOA Tools 74

Birmingham Appraisal

FEBRUARY 20, 2024

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. For the above reasons, it is very important for accurate valuations during the home-buying process.

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Agents Appraisal Real Estate Agent Bracketing 86

Portland Appraisal Blog

AUGUST 8, 2020

years ago when there have been many[,] many sales in this development just in the last year?” The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%.

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Appraisal Bracketing Lending Agents 78

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

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Appraisal Agents Valuation Real Estate 70

Simonson Real Estate

OCTOBER 23, 2020

What are Banks Lending On? After looking at how the numbers break down, it begs the question: What are banks lending on in this uncertain and unpredictable market? At Simonson Appraisals, we have found great importance in real-time property-specific conversations to keep the available data ‘fresh’ and accurate. to 7.75%. .

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Appraisal Retail Tenants Real Estate 143

Clear Capital

MARCH 17, 2022

Additionally, when an FHA appraisal is used, the Department of Housing and Urban Development (HUD) requires the home appraiser to guarantee that the subject property meets the minimum standards for health and safety. Now, amazing developments in machine learning are reinventing the appraisal review process. or its subsidiaries.

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Real Estate Appraisal Technology Development 69

Appraisal Buzz

OCTOBER 4, 2021

Our goal is to develop solutions to this persistent problem, including appraisal best practices, uniform standards for automated valuation models, enhanced consumer disclosures, improved value processes, and revised fair lending exam procedures and risk assessments.”.

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Valuation Appraisal Contracts Finance 370

Clear Capital

NOVEMBER 14, 2022

Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital. Delays in responding to revision requests can have a serious impact on all lending parties during the review process.

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Appraisal Lending Bracketing Appraisal Process 69

Housing Wire

OCTOBER 18, 2022

Automated Valuation Models (AVMs) are having a moment. homeowners sitting on more than $30 trillion dollars in home equity, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of their home equity lending. AVMs have been a “workhorse” lending tool for more than two decades.

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Valuation Home Value Technology Lending 298

Clear Capital

JUNE 28, 2022

Reno, NV — June 28, 2022 — Clear Capital , a national real estate valuation technology company, today announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API.

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Valuation Modernization Real Estate Investors 69

Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Real Estate valuation can be a complex exercise in problem solving. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. Technologies are moving fast.

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Housing Wire

AUGUST 21, 2023

469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. 678 TriusLending 869% 2003 A mid-Atlantic real estate investment firm and financing lender focused on short-term private lending and long-term rental loans. 4,105 FirstCloseFirstclose. Source: Inc.

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Real Estate Real Estate Agent Technology Investors 370

Clear Capital

MAY 24, 2022

Using an Automated Valuation Model (AVM) for real estate valuations isn’t new in the mortgage industry. As a leading real estate technology company, Clear Capital pioneers new advances in AVMs for mortgage lending. And we’ve learned a lot over the last decade as we’ve researched and developed more accurate AVM tools.

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Housing Market Valuation Marketing Real Estate 69

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. This is creating significant friction in the lending environment.

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Appraisal Tenants Investors Business 148

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. In September, Ellie Mae was officially acquired by Intercontinental Exchange.

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. Nothing wrong with that. I learned a lot.

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