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?

Is Appraisal Modernization Stymied?

George Dell

Modernization means bring in modern methods. The post Is Appraisal Modernization Stymied? Appraisal Modernization Series Critical Thinking Future of AppraisalWhat are they? Why aren’t they here? Is it really that hard? We have big financial resources. We have motive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Opinion: The path to modernizing the appraisal process

Housing Wire

The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. The modern appraisal movement is accelerating.

Statistics: Part of Modernized Valuation?

George Dell

Modernized Appraisal is a necessary part of coming lending regulation. The post Statistics: Part of Modernized Valuation? Critical Thinking Statistics Appraisal Modernization Series ModelingSome think old methods are just fine.

Postpone Modernization? Part IX

George Dell

Postpone appraisal modernization. The post Postpone Modernization? Appraisal Modernization Series change Critical ThinkingWe can do that later. Change and improvement should, normally, come from a profession.

Modernizing Appraisal: How Do I Prepare?

George Dell

We have heard a lot about “modernizing” the appraisal process, particularly from the GSE’s (Fannie Mae and Freddie Mac). The post Modernizing Appraisal: How Do I Prepare? Appraisal Modernization Series Appraiser Education USPAP change Future of Appraisal

How modernized servicing creates customers for life

Housing Wire

The modernization of mortgage originations in recent years has made customers expect a smart, push-button experience. Because Sagent’s modern platform lets lenders simply configure (rather than re-code) for real-time compliance changes.

In the race to modernize title, firms double down on software

Housing Wire

The post In the race to modernize title, firms double down on software appeared first on HousingWire. Qualia CEO Nate Baker.

FHA unveils Automated Underwriting System as part of modernization initiative

Housing Wire

The AUS is built upon FHA’s Catalyst technology platform – a modernization initiative the company says will build trust through “reliable and accurate data, facilitating modern systems for the FHA program participant community.” It is modernization of the entire process.

Sagent’s Playbook to Modernize $1 Trillion in Mortgage Servicing

Appraisal Buzz

This month marks an exciting milestone in Sagent’s modernization of mortgage servicing for America’s top banks and lenders. Below, I quickly detail these topics … The post Sagent’s Playbook to Modernize $1 Trillion in Mortgage Servicing appeared first on DSNews.

Appraisal modernization: What is going on with the forms?

Housing Wire

Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Sagent’s CARE platform sets the tone for consumer-first servicing modernization

Housing Wire

Consumer-First Servicing Modernization: Servicing comprises the vast majority of a customer’s borrowing lifecycle, and Sagent CARE brings the same modern experience borrowers get in the origination space to servicing, where lifetime customer relationships are managed and grown. Sagent CARE sets the tone for consumer-first servicing modernization for three reasons: Retain strong borrowers looking for savings, new homes, new loans, debt consolidation and other advice.

Reggora platform selected to modernize appraisal operations

Valuation Review

Reggora, an appraisal software company, announced Guaranteed Rate has selected its appraisal management technology to support the production of all loans requiring an appraisal. Proper Rate, a Guaranteed Rate Joint Venture, will implement Reggora’s software to streamline its appraisal process

CUNA supports GSE appraisal modernizations

Valuation Review

The Credit Union National Association (CUNA) recently submitted two comment letters to the Federal Housing Finance Agency, one dealing with Fannie and Freddie’s appraisal policies and the other pertaining to the GSE’s housing goals. Read on for more comments from CUNA on these appraisal matters

Appraisal modernization: The times they are a-changin’

Clear Capital

Unfortunately, several myths and misconceptions around appraisal modernization persist, resulting in many within our field being unable to move forward and embrace needed change. . The post Appraisal modernization: The times they are a-changin’ appeared first on ClearCapital.com, Inc.

How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

Whether through machine learning tools that create quick and accurate measurements, or digital platforms that allow lenders and appraisers to interact directly, technology is helping modernize previously inefficient workflows, which enable appraisers to add efficiencies to the appraisal process. .

AMC responds to FHFA stance on appraisal modernization

Valuation Review

In a letter sent to the Federal Housing Finance Agency (FHFA) Office of Housing and Regulatory Policy, Class Valuation outlined its thoughts on the agency’s Request for Information (RFI) on appraisal modernization. A perspective from an AMC company. Read on to learn more

Fannie Mae’s Lyle Radke to speak at HW Annual

Housing Wire

Appraisal modernization efforts could mean big changes for property valuations, which is why HousingWire invited Lyle Radke , director of collateral policy at Fannie Mae , to speak at HW Annual Sept.

When selling way above anything else (Q&A)

Sacramento Appraisal Blog

Market Trends Resources Appraisal Bay Area buyers high-end market House Appraisal MCM Mid-Century Modern modern homes overpaying pandemic backyard price premium during pandemic Real Estate Appraiser Sacramento Real Estate Market Ted DeFazio

How About Loan Conditions?

George Dell

Editor’s Note: This post is an intersection of Modernization and Risk. Appraisal Modernization Series Loan Conditions Series RiskHow about “loan conditions”? Clients only need a value in order to quantify risk. Is this scary?

KODA: Respecting Rich Traditions Within Modern Living

Will Springer Realtor

The many cultural threads of the ID weave a tapestry of modern living with a nod to the customs and traditions of the community. The post KODA: Respecting Rich Traditions Within Modern Living appeared first on Will Springer.

Rocket Mortgage’s Rachel Robinson to speak at HW Annual

Housing Wire

As the housing economy becomes increasingly digital, appraisal modernization may hold the key to not only providing a better experience for borrowers and lenders but also reducing potential appraisal bias.

Learning from the Appraisers Down Under

Appraisal Buzz

Buzz Video appraisal appraisal buzz appraisal buzz buzzcast appraisal modernization appraiser appraisers appraising buzz video Buzzcast housing market valuation expoIn today’s Buzzcast, we dive into the current appraisal market and what U.S.

An Appraisal Bias Enigma?

George Dell

Appraisal Modernization Series Bias Series USPAP bias Future of AppraisalAre valuation procedures a set up for bias failure? Let’s look to see what systemic issues there may be regarding bias in valuation. This is an enigma of multiple overlapping issues.

A Modern Home on Lake Minnetonka

Anthem Valuation

link] age materials in residential housing construction emphasis durability and modern design. The post A Modern Home on Lake Minnetonka appeared first on Anthem Valuation Blog Families are looking for more functionality in their homes along with durability.

Appraisers: Pay Attention to Policy

Appraisal Buzz

Features News appraisal appraisal buzz appraiser appraisers appraising covid-19 fannie mae freddie mac GSE modernization policy USPAP

Is Appraisal Inherently Biased?

George Dell

It is not designed to use modern methods toward objective, unbiased results. Appraisal Modernization Series Bias Series bias Critical Thinking Future of AppraisalLegacy appraisal practice “the valuation process” is well established. Therein lies the problem.

Even Today, No Algorithm Can Fully Replace Appraisers

Appraisal Buzz

It can lead a person to favor his or her own opinion over those of others, especially when those others are suggesting that our industry needs to modernize. What should our strategy be for modernizing our profession? In hindsight, I didn’t choose the easiest profession.

Clear Capital announces property data collection app to support appraisal modernization programs

Clear Capital

Automating the creation of a floor plan will unlock massive potential for appraisal modernization,” said Dan McAlister, product director for valuation solutions at Clear Capital. “It ClearInsight includes a revolutionary floor plan automation tool to spur industry transformation. RENO, Nev.

Embracing New Technology and Desktop Appraisals

Appraisal Buzz

Buzz Video appraisal appraisal buzz appraisal buzz buzzcast appraisal modernization appraiser appraisers appraising buzz video technologyIn today’s Buzzcast, we dive into the new technology that has emerged and how desktop appraisals are influencing the future of the industry.

Critical Appraisal Theory?

George Dell

Appraisal Critical Thinking Appraisal Modernization Series bias Future of AppraisalI was curious about what is “critical race theory”. I didn’t understand what it was about. The Sunday paper article – yes, I still read the morning newspaper every morning.

Magnificent Mid-Century Modern Estate Sale- June 11 + 12

Magnusson Group

Modern brass and rosewood billiard table, vintage cocktail shakers, art books, stamp collections. The post Magnificent Mid-Century Modern Estate Sale- June 11 + 12 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Electronic Signup for Entry Numbers.

Is There a Loan Conditions Adjustment?

George Dell

Appraisal Appraisal Modernization Series Loan Conditions Series Critical Thinking Loan Condition SeriesAppraisers have adjustments for “market conditions” and “sale conditions.” Why not “loan conditions?” There are similarities and differences. This is Part II in this series.

The Goodwin: Newest Belltown Condo Uniquely Positioned for the Modern Buyer

Will Springer Realtor

The Goodwin is the newest Belltown residential choice that is uniquely positioned for the modern buyer. Units feature quartz countertops, modern cabinetry, Miele stainless appliances and Maytag washer/dryers, as well as vinyl plank flooring and large, back-lit bathroom mirrors.

Interior Design Trends of 2021: What’s Out, What’s In.

REX Real Estate

I think we can all agree that 2020 was a long year with more… Home Improvement Lifestyle REXTrends cabinets design farmhouse style floors furniture interior design mid century modern minimalism modern

The Fall 2021 Appraisal Buzz Magazine has Arrived

Appraisal Buzz

Features News AI appraisal appraisal buzz appraisal modernization appraiser appraisers appraising buzz video Buzzcast cost approach racial bias valuation expoOur latest edition of the Appraisal Buzz Magazine is now showing up in mailboxes all across the country!

“Reducing bias is the new gold standard for appraisals” session

Clear Capital

Both of these issues accelerate the importance of appraisal modernization. What is appraisal modernization? Events & Conferences Appraisal Modern Appraisal racial bias valuationVideo source: HousingWire.

Ranch Style Homes

San Jose Real Estate

Love it or hate it, you can’t escape it: the Ranch. By far the most abundant architectural style among Silicon Valley homes is the ranch. A recent resurgence in interest in this unique and pervasive house design suggest it is regaining popularity, and there are plenty of reasons to love it!

Interior Design Trends of 2021: What’s In, What’s Out.

REX Real Estate

I think we can all agree that 2020 was a long year with more… Home Improvement Lifestyle REXTrends cabinets design farmhouse style floors furniture interior design mid century modern minimalism modern

“Post-COVID-19 Home Values & Valuation” panel session

Clear Capital

To learn more about what is on the horizon for modernizing the appraisal process, download our white paper “ Why We’re Heading Into a Golden Age for Appraisal Modernization.” Events & Conferences Appraisals COVID-19 Modern Appraisal OwnerInsight

“How digitizing appraisal inspections can reduce risk and bias” tech talk

Clear Capital

The modern appraisal embraces data and technology to gather data differently. Watch this Tech Talk from Mortgage Innovators Conference 2021 to learn how appraisal modernization can help unlock a better, faster, and cheaper appraisal process while closing the gap in unfair lending practices.

How Did Farmhouse Style Become a Trend?

REX Real Estate

When someone says “modern farmhouse,” I instantly think of Chip and Joanna Gaines –… Home Improvement Lifestyle REXTrends farmhouse style modern wood

What! No Report?

George Dell

Does modernized appraisal require a modernized report? No report. Can it be? And how about non-appraiser appraisals (valuations)? Here we use the word ‘appraisal’ in its generic public meaning.)