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Why is now the time for lenders to modernize their appraisal processes

Housing Wire

HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . Tasks like scheduling, property inspection and driving comps adds a great deal of time to the process.

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Best practices to speed up the appraisal process

Housing Wire

Another appraisal innovation is Freddie Mac’s ACE+ PDR product (automated collateral evaluation plus property data report) solution, which involves an inspection-based waiver and has been in effect since July. We are effectively increasing the supply of people who can go and facilitate inspections in the industry,” Zitin said.

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Porch breaks into insurtech with $100M acquisition

Housing Wire

Porch, led by CEO Matt Ehrlichman, acquired home insurance company Homeowners of America , mover marketing and data firm V12 , home inspection company Palm-Tech and roofing contractor software company iRoofing. In all, Porch spend $122 million, according to disclosures made to the Securities and Exchanges Commission.

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Porch acquires mortgage software firm Floify for $90M

Housing Wire

Furthermore, in January the proptech firm acquired home insurance company Homeowners of America for $100 million, mover marketing and data firm V12 , home inspection company Palm-Tech and roofing contractor software company iRoofing.

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[Video] Customer Story: Chemtrade Logistics

GoForrmz

” — Avi Bahl, Corporate Reliability Manager, Chemtrade Logistics. About Chemtrade Logistics Proudly operating since 2001 in 60+ locations in North America and internationally, Chemtrade specializes in manufacturing Sulphur and Water Chemicals (SWC) and Electrochemical (EC) products, which make up their two business segments.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

The problem with trainees in most GSE and agency (FHA, USDA, AND VA) related work is that trainees cannot inspect properties. Note: the VA has recently implemented a program that allows the appraiser to utilize a staff member to inspect as long as the lender is okay with it. The Problem with Trainees. But that is the reality.

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5 Ways Transportation Teams Win With GoFormz

GoForrmz

This is a 72-hour event with increased inspections all throughout North America. During the week officials will be conducting up to 15 vehicle inspections every minute! Don't let inspection forms, checklists, or inventory slow you down during this busy week. Is your transportation team ready?