Housing Wire

JULY 12, 2022

Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias. The State of Appraisals in 2022.

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Appraisal Inspection Real Estate Agent Training 403

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Homebuyers and other investors will gain better views of risk and return as hyper local “Forward” projections inform valuations and pricing for a range of assets.

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Cleveland Appraisal Blog

MAY 17, 2024

When you find the right one, make sure they are licensed and insured to avoid any nasty surprises down the line. Flooring updates and modern landscaping can upgrade the home’s aesthetics, increasing its overall value. Ask for referrals, read online reviews, and look at their portfolio of past projects before committing.

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Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

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Real Estate Realty Lending Mortgage 370

McKissock

MARCH 6, 2023

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. This includes warranty that the property is safe, sound, and structurally secure.

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Modernization Valuation Appraisal Lending 72

McKissock

MARCH 6, 2023

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. This includes warranty that the property is safe, sound, and structurally secure.

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Modernization Valuation Appraisal Lending 67

Cleveland Appraisal Blog

OCTOBER 1, 2021

Hop online, plug a term like “ fencing companies near me ” into your favorite search engine, and read reviews to create your short list of licensed and insured contractors. I’ll be back in two weeks with a new blog that is more focused on real estate valuation. Statistics: Part of Modernized Valuation?

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Appraisal Valuation Realtors Modernization 243

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Appraisal Inspection Modernization Business 70

Housing Wire

JUNE 7, 2022

For example, a loan processor may use a modern LOS to order a flood certification, title report, AUS decision or data verifications, but once the order has been placed, what if the data doesn’t arrive? Both lenders and servicers are under constant time pressure to complete their work.

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Lending Mortgage Technology Modernization 282

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.

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Real Estate Real Estate Agent Valuation Sellers 36

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+ Risk to Home Values.

Insurance 79

Insurance Appraisal Contracts Mortgage 79

The Robert Weiler Company

JULY 6, 2021

With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. Amazon is the iconic frontrunner when it comes to the future of modern distribution and smart warehouses. They include showrooms, laboratories, and office space.

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Logistics Tenants Real Estate Modernization 147

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.

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Mortgage Government Contracts Insurance 334

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.

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Appraisal Contracts Insurance Construction 81

The Robert Weiler Company

NOVEMBER 16, 2022

But the reality is that Ohio and the Greater Columbus area have long been a mainstay of technological innovation and, certainly, the precursor to the modern digital age. Some of the largest brands include: Nationwide Insurance. Similar terms include “Silicon Prairie.” Take your pick. Honda Research & Development Americas.

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Business Logistics Supply Chain Technology 147

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?

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Appraisal Inspection Valuation Lending 28

AmeriMac

MARCH 29, 2024

One of the most common types of reverse mortgages is the Home Equity Conversion Mortgage (HECM), which is insured by the Federal Housing Administration (FHA). Accurate valuations also help prevent over-borrowing and ensure homeowners fully understand their financial agreements.

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Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Housing Wire

MARCH 28, 2022

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs.

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Real Estate Marketing Insurance Buyers 373

Appraisal Today

OCTOBER 14, 2022

Lenders want fire insurance for all mortgage loans. What if there is no insurance available, very limited coverage, or only very expensive insurance? Or insurance problems for flooding, hurricanes, or other natural disasters. For example, Florida homeowners have had many problems getting flood insurance.

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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

OCTOBER 13, 2023

Fixed costs of appraising MLS, forms software, E&O insurance, auto expenses, state license, CE, association dues, etc., To read more, click here My comments : Location within a school district can be an important valuation factor. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged.

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Appraisal Law Contracts Business 81

Appraisal Today

JUNE 16, 2023

It also describes the risks of deficient residential real estate valuations, whether through omissions, errors, discrimination or lack of information. The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape.

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Appraisal Contracts Design Mortgage 75

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.

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Sellers Agents Real Estate Buyers 69

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.

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Mortgage Technology Loan Officers Investing 346

Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. Less Onerous Insurance Policies: While it’s valid that multifamily properties have more to insure, often, these policies are easier to read and manage. Otherwise, the proximity to these transit connections would be useless.

Real Estate 78

Real Estate Retail Investing Tenants 78

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. acre lot A unique home with modern architectural features seldom seen in a suburban setting. baths, 2,973 sq.ft., built in 1971, 0.34

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Appraisal Contracts Training Architecture 81

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. Having a modern, streamlined process makes a potential lending client’s decision much easier.

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Marketing Technology Lending Business 420

Housing Wire

SEPTEMBER 17, 2022

“FHA strongly recommends that industry partners pause EAD onboarding and direct integration activities until final determinations are made regarding the electronic appraisal delivery system for loans originated for FHA insurance endorsement,” FHA said in its industry notification.

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Appraisal Property Appraisal Development Insurance 371

Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. By comparison, private mortgage insurance cancels at a 78% loan-to-value ratio. “If

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Insurance Modernization Lending Mortgage 346