Housing Wire

JUNE 6, 2023

Nationwide Property & Appraisal Services LLC (NPAS), a pioneer in the real estate appraisal sector, announced on Tuesday the launch of its product line, Pinnacle Desktop Appraisals. This service delivers a cost-effective solution that enhances efficiency, accuracy, and impartiality, according to the company.

Appraisal 369

Appraisal Real Estate Valuation Technology 369

Housing Wire

MARCH 1, 2023

The 2023 Tech100 Mortgage winners are continuing to bring innovation to the mortgage process – from origination to closing, and servicing to secondary markets. Their groundbreaking technologies and visionary ideas are transforming the way we buy, sell and finance homes. The following table shows the 2023 winners.

Mortgage 384

Mortgage Valuation Technology Appraisal 384

Housing Wire

DECEMBER 27, 2023

The systems outage has derailed closings across the country over the holidays for homebuyers and sellers using the company’s title services in more than 2,000 locations. Homebuyers, sellers and appraisers have been responding to the company’s LinkedIn announcement on the cybersecurity incident, asking for clarification.

Sellers 496

Sellers Insurance Valuation Clients 496

Housing Wire

MARCH 5, 2024

Housing affordability is at its lowest level in more than a decade, according to the National Association of Home Builders (NAHB), and there are few ways to circumvent the rising costs of housing. Typically, the fees are lower than those for new loans and no appraisal is needed. So, we help them include that marketing for that home.

Mortgage 441

Mortgage Buyers Agents Real Estate Agent 441

Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire: What’s the biggest pain point appraisers are currently facing?

Housing Market 545

Housing Market Appraisal Appraisal Process Marketing 545

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.

Modernization 496

Modernization Appraisal Appraisal Process Finance 496

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Anastasia Corjan reached out to me a little over a year and a half ago to invite me to be an Appraisal Ambassador for them. In the following interview, she shares with us a little about CubiCasa, her journey there, and some tips on how appraisers can attract more non-lender work. This add-on is the most popular among appraisers.

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

Cleveland Appraisal Blog

MAY 12, 2022

In the meantime, I want to visit with you about an awesome software and service that is changing the way real estate professionals measure homes and provide floor plans. The service is called Cubicasa. Then I began to see their videos as well as videos of fellow appraisers who have posted things about this service.

Inspection 341

Inspection Appraisal Tools Advertising 341

Housing Wire

FEBRUARY 6, 2024

The fees are typically lower than those of new loans and no appraisal is needed. Additionally, many servicers find that loan assumptions are not profitable due to insufficient compensation, and they are calling for regulatory updates.

Mortgage 452

Mortgage Sellers Advertising Buyers 452

Housing Wire

OCTOBER 4, 2023

HousingWire recently spoke to Chris McLain, division president of Valuations for Consolidated Analytics , about the current appraisals market, AI innovation in valuations and valuation products for HELOCs and second-lien mortgages. HousingWire: How is the market for appraisals changing in 2024? Then we did more of the same.

Valuation 409

Valuation Appraisal Process Appraisal Lending 409

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. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

Business 393

Business Appraisal Real Estate Agent Clients 393

Housing Wire

JANUARY 12, 2023

The refi boom is in our rearview mirrors and the road ahead looks promising for home equity volume. Who knows how high that volume could go, considering tappable equity is at a historic high of $11 trillion and total home equity at a record $27.8 How do you identify the right home equity partner? Black Knight’s report of a $1.2

Technology 397

Technology Inspection Valuation Tools 397

Chicagoland Appraisal Blog

MARCH 9, 2024

Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Home inspections, which typically span hours, encompass various elements including electrical systems, plumbing, HVAC, roofing, and structural components.

Inspection 136

Inspection Appraisal Real Estate Property Appraisal 136

Housing Wire

AUGUST 22, 2023

The agencies intend to tackle two challenges evident during the Covid-years refi boom: higher costs due to appraiser shortages and concerns regarding bias in home valuations. “Even when appraisers follow the intended approach, it may result in an outcome that disenfranchises people. ”

Valuation 370

Valuation Appraisal Government Real Estate 370

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Appraisal Buzz

MARCH 29, 2024

Andy Insua has joined Planet Home Lending as regional sales manager for the Southeast. Insua has a diverse financial services background in consumer finance, commercial banking, and mortgage banking. The post Planet Home Lending Adds Andy Insua as Regional Sales Manager, Southeast appeared first on MortgageOrb.

Lending 195

Lending Retail Finance Clients 195

Housing Wire

DECEMBER 15, 2022

Class Valuation , one of the largest appraisal management companies in the U.S., It’s picked up PropertyVal , a Maine-based AMC that is among the largest independent residential appraisal firms in the state. “We billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.

Valuation 370

Valuation Appraisal Lending Real Estate 370

Housing Wire

JANUARY 22, 2024

Right-to-list agreement firm MV Realty is no longer allowed to offer brokerage services in North Carolina. Under MV Realty’s Homeowner Benefit Agreement , the homeowner signs over the right to list their home for the next 40 years to MV Realty in exchange for a cash payment ranging from $300 to $5,000.

Realty 456

Realty Real Estate Brokerage Law 456

Housing Wire

APRIL 15, 2024

HousingWire spoke with Gene Millman, president and CEO of REcolorado , the largest multiple listing service (MLS) in Colorado. We view ourselves as a data company and a service provider. That same inventory powers the tools, services, and insights that are used to facilitate the home buying and selling process.

Real Estate 421

Real Estate Business Agents Tools 421

Housing Wire

NOVEMBER 11, 2021

Amrock , a title insurance, property valuations and settlement services provider that is part of the Rocket Companies family, announced Wednesday that longtime CEO, Brian Hughes will be retiring later this month and Nicole Beattie, the current vice president of mortgage servicing at sister company Rocket Mortgage , will take over.

Valuation 408

Valuation Technology Appraisal Clients 408

Housing Wire

MAY 2, 2022

Seattle, Washington-based real estate valuation company True Footage announced the acquisition of Spark for Appraisers , an appraisal technology firm. Spark for Appraisers sells data infrastructure software to appraisers to produce faster and more reliable appraisals. Terms of the deal were not disclosed.

Appraisal 370

Appraisal Valuation Real Estate Technology 370

Housing Wire

JULY 26, 2023

United Wholesale Mortgage (UWM), the country’s largest wholesale lender, expanded its debt service coverage ratio (DSCR) loan options to four after launching its first product in March. Early this month, UWM announced home-affordability mortgage products designed to help underserved borrowers become homeowners.

Real Estate 370

Real Estate Investors Design Buyers 370

Housing Wire

DECEMBER 28, 2020

The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. Low mortgage rates fuel the demand for valuation and settlement services.

Appraisal 458

Appraisal Modernization Valuation Appraisal Process 458

Appraisal Buzz

AUGUST 23, 2021

Evolve Mortgage Services , a provider of on-shore outsourced mortgage services and a complete software platform to support full digital e-mortgages, has released a new e-modification product to support remote online notary (RON) transactions.

Mortgage 370

Mortgage Appraisal 370

Housing Wire

AUGUST 12, 2021

In its quarterly earnings call on Thursday, CEO Jay Farner and CFO Julie Booth described a sophisticated company that has developed a product solution for every piece of the home-buying and home-selling ecosystem. Mortgage, title, appraisal, servicing, iBuying, real estate brokerage , green energy — the gamut.

Mortgage 410

Mortgage Real Estate Agent Real Estate Agents 410

Housing Wire

JUNE 30, 2021

The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Appraisal shortage. This continues to put a great deal of pressure on appraisers who are managing large portfolios during an appraisal shortage.

Clients 384

Clients Valuation Real Estate Appraisal 384

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. Everybody is affected by the appraisal process. SW: How is technology changing appraisals?

Appraisal 421

Appraisal Technology Modernization Real Estate Agent 421

Appraisal Buzz

SEPTEMBER 27, 2021

You can hardly post anything on an appraisal forum or social media without the first 17 comments stating, “I do non-lender work.” Expanding your appraisal practice through non-lender work can lead to many benefits including increased revenue as well as greater independence and efficiency.

Real Estate Agent 370

Real Estate Agent Real Estate Valuation Appraisal 370

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. If your home has an unfinished basement, you might be able to convert this to a living, meditation, or exercise room for somewhere in the ballpark of $17,459 – you can go up much higher, but an economic renovation should fall somewhere in that range.

Investing 332

Investing Renovations Landlords Real Estate 332

Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

Appraisal 448

Appraisal Appraisal Process Valuation Technology 448

Appraisal Buzz

JUNE 10, 2021

Clario becomes the first and only appraisal firm to participate in the program paving the way for the industry. RENO, Nev. — Clario Appraisal Network, Inc., Clario is the first and only appraisal firm to become SkillBridge approved and joins leading companies in other industries, including Lowes, Amazon and ADP.

Appraisal 370

Appraisal Valuation Training Real Estate 370

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?

Modernization 432

Modernization Appraisal Valuation Investing 432

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.

Valuation 396

Valuation Appraisal Modernization Technology 396

Housing Wire

SEPTEMBER 13, 2023

million seed round, allowing the company to officially launch its services on Wednesday. It allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. New York-based mortgage platform Roam has secured a $1.25

Mortgage 431

Mortgage Government Advertising Buyers 431

Appraisal Buzz

MARCH 26, 2024

homes for sale climbed 5% during the four weeks ended March 17, the biggest year-over-year uptick since May 2023, according to Redfin. Mortgage-purchase applications and Redfin’s Homebuyer Demand Index—a measure of requests for tours and other buying services from Redfin agents—are each up roughly 9% month over month. The median U.S.

New Listings 195

New Listings Buyers Marketing Inventory 195

Housing Wire

JANUARY 14, 2022

The tides of the mortgage industry are changing as we head into 2022, and just like the sand under the waves, we can expect the appraisal landscape to shift along with it. Appraisers, like many other service providers, must adapt to market changes to accommodate their clients’ needs. Appraisal demand from generators (i.e.,

Appraisal 410

Appraisal Marketing Mortgage Valuation 410

Housing Wire

FEBRUARY 1, 2022

Class Valuation , one of the largest appraisal management companies in America, just made another acquisition. In a press statement, Class Valuation said Metro-West, founded in 1987, is the largest independent residential appraisal firm in the country, with staff appraisers in over 80 U.S.

Valuation 368

Valuation Appraisal Real Estate Investing 368