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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. . HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?

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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? Technology. Simply stated, good technology is as important as the collaborative process.

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How will appraisal technology evolve in 2022?

Housing Wire

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. How will this affect appraisal technology moving forward? How can technology help mitigate this issue?

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What role does appraisal tech have in creating customers for life?

Housing Wire

As everything continues to accelerate and the FHFA considers making widespread changes to the appraisal process, lenders need to make sure they’re working with technology vendors who are ready to respond to changing market conditions and are prepared for new approaches to valuation. The first is legacy technology.

Appraisal 395
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Best practices to speed up the appraisal process

Housing Wire

They give you the ability to scale the amount of appraisals you can do with the current appraiser population that you have, and that’s an important part of all the modernization initiatives that have been going on,” said Scot Rose, chief innovation officer at Class Valuation. Secondly, make sure you have the right technology in place.

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Is the Transportation Industry Due a Digital Transformation?

GoForrmz

Inefficiency, errors, and delays have become all too common, often causing frustration for all involved in the logistics and supply chain. ” — McKinsey & Company, Travel, Logistics & Infrastructure, 2022 Digitally Transforming Transportation The digital transformation of the transportation industry promises a revolution.

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AI's Impact on Home Construction

Eppraisal

As technology continues to advance, construction companies are embracing AI-powered tools and solutions to revolutionize the way they plan, design, and construct homes. Enhanced Project Planning and Design AI technologies have significantly improved project planning and design in the home construction industry.