Eppraisal

AUGUST 22, 2023

The world of real estate has undergone a technological transformation over the past 10 to 20 years, with Automated Valuation Models (AVMs) emerging as powerful tools for property valuation. It's not uncommon to find agents using them as part of their marketing, as a first step of introduction to a potential client.

Real Estate 36

Real Estate Real Estate Agent Valuation Sellers 36

Housing Wire

DECEMBER 20, 2021

The recent experience with state distribution of rental assistance and unemployment insurance is perhaps a preview of the challenges ahead. States, overwhelmed with claims and understaffed, also had problems paying unemployment insurance. Up to the task? 15 for state assistance have been paid to claimants.

Mortgage 351

Mortgage Government Contracts Insurance 351

Walitt Solutions

JULY 28, 2019

However, given current changes in the valuation space, nothing is further from the truth: valuation, specifically the collection of data that supports a valuation method, has never been one-size-fits-all. Are these “other” inspection-and-valuation processes appropriate for lending?

Appraisal 28

Appraisal Inspection Valuation Lending 28

Housing Wire

JUNE 8, 2022

Founded in October 2020 by former Zillow executives who envisioned a way to accelerate the mortgage approval process, the Tomo notched a valuation of $640 million after raising $40 million in Series A funding in March. I suspect the ever-rising valuation of fintech companies is over for a while.”. million in the first quarter of 2022.

Mortgage 360

Mortgage Technology Loan Officers Investing 360

Housing Wire

MARCH 9, 2021

How hybrid title and valuations help increase lending efficiency. And the issue is only compounded by the fact that every state (and seemingly, every city) has its own rules and requirements to issue title insurance and hold a closing. It’s also a selling point to your potential lending clients. Presented by: Altisource.

Marketing 427

Marketing Technology Lending Business 427

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Data before 1971 is minimal.

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

OCTOBER 14, 2022

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). Lenders want fire insurance for all mortgage loans. Or insurance problems for flooding, hurricanes, or other natural disasters.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B billion tax fraud scheme. Right now, nothing compares to it.”

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Never use a lending form (such as a 1004) for estate work. My comments: MORTGAGE LENDING IS VERY SLOW NOW. baths, 2,973 sq.ft.,

Appraisal 81

Appraisal Contracts Training Architecture 81

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. Kenon Chen.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD.

Insurance 357

Insurance Modernization Lending Mortgage 357