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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in.

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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

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. But all of that takes years of investment to create something that is really battle tested and can have proven results.

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14 indispensable AI tools for real estate agents

Housing Wire

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads. When you buy through our links, we may earn a commission. Visit Top Producer 2.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? Investing smartly in technology can make a huge difference. Can it be abused? Reconciliation.

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Tech firm Polly bulks up to help modernize mortgage industry

Housing Wire

Venture capital firm Menlo Ventures led the latest Series B funding round, which also includes investments from title insurance company First American Financial , FinVC as well as participation from existing investors 8VC , Khosla Ventures and Fifth Wall.

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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

House flipping isn’t just an opportunity for big real estate companies or home improvement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. While house flips represented just 5.7% of US home sales in 2017, that number grew to 8.4%

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What should lenders consider in 2024 for collateral risk?

Housing Wire

Appraisal modernization is vital. Gareth Borcherds , managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. Many reasons given for appraisal modernization stem from appraisal turnaround times.