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AppraisalWorks™, Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders

Clear Capital

AppraisalWorks , Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders. Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation.

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Reports: A few items for appraisers to consider

Valuation Review

These challenges include myriad revision requests attributed to the slightest of details that go overlooked to answering inquiries or complaints from state regulators, GSEs, Investors and Mortgage Insurers, just to name a few.

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Mortgage Connect appoints new executive

Valuation Review

Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors and servicers, recently announced Andrew Bough has joined the company as executive vice president, as well as head of valuations.

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Property rental data now in ClearProp

Clear Capital

We’re excited to announce that property rental data is now available in ClearProp , the lending-grade, industry-leading valuation tool. users can now review nearby rental listings and calculate a comparable-based rental estimate in real-time. Complexity Score — Assesses property complexity to inform valuation suitability.

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Mortgage Connect appoints executive

Valuation Review

Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, servicers and GSEs, recently appointed capital markets veteran Brian Frye executive vice president, servicing and capital markets strategy. Read on for more about this appointment.

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Commercial, multifamily delinquency rates decrease

Valuation Review

The Mortgage Bankers Association’s (MBA) 2021 third quarter report on commercial/multifamily delinquencies showed a decline in these rates for every major capital source since the onset of the pandemic. MBA stated the quarterly analysis focused on delinquency rates for five of the largest investor groups.

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Clear Capital and Cherre Expand Partnership to Strengthen Investor Confidence in Investment, Management and Underwriting Decisions

Clear Capital

Through Cherre’s API, customers now have access to ClearAVM , Clear Capital’s automated valuation model (AVM), where they can map and set rules to automate, standardize and validate data from multiple third parties. It is able to confidently predict values on nearly every residential property in the U.S.