Appraisal Buzz

FEBRUARY 24, 2022

The Consumer Financial Protection Bureau (CFPB) recently outlined options to ensure that computer models used to help determine home estimates are accurate and fair. When underwriting a mortgage, most lenders require an appraisal, which is the estimated value of the home.

Valuation 195

Valuation Appraisal Business Mortgage 195

Housing Wire

MAY 14, 2024

Atlas VMS , the appraisal and valuation company led by Erik Morin , announced this week the appointment of Joe Pravettone as chief appraiser. Joe’s unparalleled expertise and proven leadership will be instrumental in advancing our mission of delivering exceptional valuation management services to our clients.“ “I

Appraisal 423

Appraisal Valuation Retail Clients 423

Appraiserblogs

MARCH 22, 2023

At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations.

Valuation 109

Valuation Appraisal Mortgage Marketing 109

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

Valuation 414

Valuation Reconsideration of Value Tools Technology 414

Housing Wire

MARCH 26, 2024

The home was appraised for $750,000, almost 60% higher than the initial appraisal performed. A spokesperson for loanDepot told HousingWire that the company “strongly opposes bias in the home finance process.” ” The settlement agreement does not resolve or release any claims against 20/20 Valuations and Lanham.

Appraisal 428

Appraisal Reconsideration of Value Valuation Mortgage Appraisal 428

Houston Properties

FEBRUARY 12, 2024

Houston Home Calculator: Get a custom valuation report & know the price of your Houston home and the property and real estate values in your area.

Valuation 36

Valuation Real Estate 36

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. HW: With higher rates, the market for home equity lending continues to grow.

Valuation 404

Valuation Appraisal Process Appraisal Lending 404

Housing Wire

SEPTEMBER 26, 2023

Plunk , an AI-powered home analytics platform, has partnered with two real estate industry marketing companies, Union Street Media and Realforce , to scale its real-time data and analytics across multiple digital channels. Plunk’s platform offers real-time insights into home valuation , risk assessment, and remodeling possibilities.

Real Estate 433

Real Estate Marketing Valuation Technology 433

Housing Wire

MAY 14, 2024

In January, the company announced a strategic partnership with Radian subsidiary Homegenius , connecting its AI-powered home search platform with FinLocker’s financial readiness platform. ” FinLocker raised roughly $20 million in 2020 in its Series A round ( TransUnion was one of its early backers ) and $2.25

Tools 422

Tools Technology Development Home Value 422

Housing Wire

AUGUST 8, 2023

Plunk , an AI-powered home analytics platform, has introduced a new tool called Plunk Pro that aims to transform the real estate market by offering real-time insights into home valuation, risk assessment, and remodeling possibilities. This content was generated using AI and was edited by HousingWire’s editors.

Tools 370

Tools Valuation Real Estate Home Value 370

Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. These homes can endure many of the climate risks very well and could transform affordable housing as we know it.

HOA 370

HOA Insurance Legal Fees Valuation 370

Housing Wire

NOVEMBER 15, 2023

Plunk , an AI-powered home analytics platform, announced a proptech partnership with BHR , a housing data aggregator. Property research, comprehensive valuation and remodeling insights will all be available in one place. RealReports pulls information from over 30 data providers.

Valuation 414

Valuation Real Estate Technology Tools 414

Housing Wire

JANUARY 3, 2024

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. Given these characteristics and others, brokerage valuations are subject to what I call a, “What have you done for me lately?” Like selling a home, comps are heavily considered.

Valuation 414

Valuation Brokerage Housing Market Agents 414

Housing Wire

FEBRUARY 5, 2024

RealReports is a real estate platform that gathers property data , ranging from climate risk to valuation, in one place. RealReports also announced a partnership with Plunk , an AI-powered home analytics platform, last November.

Real Estate Agent 424

Real Estate Agent Real Estate Valuation Modernization 424

Housing Wire

NOVEMBER 3, 2023

He continued: “The RealScout platform works seamlessly with existing tools and data sources our affiliated agents use today, and the platform is proven to help agents reach and expand their sphere of influence and get more people into the homes they want with less effort.” How does it work ?

Real Estate 414

Real Estate Real Estate Agent Valuation Agents 414

Housing Wire

APRIL 24, 2023

Because of rules put in place following the Great Financial Crisis, lenders subcontract the appraisal to third-party valuation companies, which are independent and provide a valuation that often determines whether the loan is funded. Lanham listed technical arguments for providing a valuation of $475,000. ”

Appraisal 404

Appraisal Valuation Legal Mortgage 404

Housing Wire

AUGUST 8, 2023

Validate Validate is an innovative, digital, borrower-driven mobile app that provides fast, easy, reliable and objective property valuations for home equity lending.

Valuation 370

Valuation Lending Mortgage 370

San Jose Real Estate

NOVEMBER 21, 2022

A study of 8 online home valuation sites and how different the answer is to the question "what's my home worth?".

Valuation 57

Valuation Real Estate Marketing 57

Housing Wire

SEPTEMBER 12, 2023

Rent-to-own startup Divvy Homes issued pink slips to nearly 100 U.S. This is the third round of layoffs Divvy Homes had in 12 months as rising interest rates have made it challenging for the proptech startup that offers a path to homeownership via a rent-to-own program.

Valuation 392

Valuation Landlords Investing Buyers 392

Appraisal Buzz

MAY 6, 2024

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

Reconsideration of Value 195

Reconsideration of Value Valuation Appraisal Appraisal Process 195

Housing Wire

AUGUST 25, 2022

Between lack of inventory, record high prices, rising interest rates and significant affordability issues, challenges for the purchase and refi markets are leading to a time of opportunity for home equity lending. It may even be enough to dissuade some from initiating the home equity loan process.

Lending 393

Lending Valuation Appraisal Process Appraisal 393

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). ” Another trade group weighed in on the newly proposed rule.

Valuation 370

Valuation Appraisal Government Real Estate 370

Clear Capital

MAY 4, 2021

Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market.

Home Value 69

Home Value Valuation Modernization Appraisal Process 69

Housing Wire

DECEMBER 15, 2022

Class Valuation , one of the largest appraisal management companies in the U.S., To partner with an industry leader like Class Valuation will benefit both our lending and appraisal partners,” Robert Strong, CEO of PropertyVal, said in a statement. It’s at least the third acquisition Class Valuation has made this year alone.

Valuation 370

Valuation Appraisal Lending Real Estate 370

Housing Wire

NOVEMBER 3, 2023

The process of finding, buying and owning a home today is disjointed, antiquated and messy. That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey.

Real Estate Agent 404

Real Estate Agent Real Estate Insurance Valuation 404

Housing Wire

MARCH 1, 2023

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

Mortgage 382

Mortgage Valuation Technology Appraisal 382

Housing Wire

FEBRUARY 1, 2022

Class Valuation , one of the largest appraisal management companies in America, just made another acquisition. The AMC announced late last week that it has acquired fellow Detroit-based AMC Metro-West and its subsidiary Valuation Link. I am incredibly proud of Valuation Link and Metro-West and all we’ve accomplished.

Valuation 370

Valuation Appraisal Real Estate Investing 370

Housing Wire

AUGUST 3, 2022

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. Class Valuation said it would bring on AppraisalTek’s 75 full-time employees. The acquisition is Class Valuation’s fifth in recent years.

Valuation 393

Valuation Appraisal Modernization Technology 393

Housing Wire

OCTOBER 24, 2023

Features of the new RealScout Pro+ include Auto Nurture, Home Value Alerts and market activity alerts. The two seller or future seller nurture features in the RealScout Pro+ launch include Home Value Alerts and market activity.

Sellers 401

Sellers Home Value Client Relationships Agents 401

Housing Wire

AUGUST 8, 2023

Real estate valuation technology company Clear Capital unveiled an automated underwriting risk analyzer solution called AURA on Tuesday. “AURA is an automated tool that automatically reviews appraisals and delivers accurate property analysis, speeding the process for lenders and helping homebuyers get into their dream homes faster.”

Appraisal 370

Appraisal Valuation Technology Investors 370

Housing Wire

SEPTEMBER 13, 2023

Local Logic , a location intelligence platform that digitizes the built world, has teamed up with Plunk , an AI-driven analytics company, to empower end-users with the technology and insights they need to accelerate and improve home purchase decisions, the company announced on Tuesday.

Real Estate 433

Real Estate Valuation Investors Technology 433

Housing Wire

SEPTEMBER 8, 2023

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. “Revive Vision AI” aims to provide a more precise value assessment than traditional automated valuation models (AVM) by analyzing property photos.

Real Estate Agent 414

Real Estate Agent Tools Real Estate Agents 414

Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

Appraisal 450

Appraisal Valuation Appraisal Process Technology 450

Housing Wire

SEPTEMBER 8, 2021

Appraisal management company Class Valuation , a subsidiary of investment firm Gridiron Capital , acquired Kansas City, Missouri-based Pendo Management for an undisclosed sum. John Fraas, CEO of Class Valuation, said that combining the two firms “tech-enabled workflows and complementary areas of expertise” would help the consumer. “We

Valuation 370

Valuation Appraisal Process Appraisal Clients 370

Housing Wire

NOVEMBER 22, 2023

However, the report states there’s no final decision on the timing and valuation. billion valuation in a venture-backed funding round in 2021. In June, it rolled out a wholesale lending platform that gives loan originators access to the company’s home equity line of credit offering. Figure had a $3.2

Lending 424

Lending Valuation Technology Retail 424

Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

Valuation 370

Valuation Technology Real Estate Appraisal 370

Midtown Appraisal Group

JANUARY 11, 2022

Where data, experience and insight meet In previous posts, we’ve talked about how appraisers use data and comparable sales in order to arrive at a valuation for properties.

Valuation 107

Valuation Appraisal Mortgage 107