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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. Lenders surveyed also think that modernizing appraisals could help enhance appraiser capacity and lower borrower costs.

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House passes bill to modernize VA appraisals

Housing Wire

This legislation is an important first step towards broad modernization of VA appraisal processes and could make veterans’ home purchase offers more viable in today’s competitive housing market.”. The post House passes bill to modernize VA appraisals appeared first on HousingWire. A companion bill in the Senate, introduced by Sen.

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Valuation Modernization and Appraisers

Appraisal Buzz

Today’s Buzzcast interview is with Cristy Conolly, EVP of Valuation Modernization at Class Valuation. The post Valuation Modernization and Appraisers appeared first on Appraisal Buzz. What can we expect in the coming years for the appraisal industry? What are the current market trends? Email comments@appraisalbuzz.com.

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Clear Capital launches UDC to support appraisal modernization

Housing Wire

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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Is Appraisal Modernization Stymied?

George Dell

Modernization means bring in modern methods. The post Is Appraisal Modernization Stymied? What are they? Why aren’t they here? Is it really that hard? We have big financial resources. We have motive. We have huge organizations in place. And we have regulatory clout! Competing valuation products, like AVMs (Automated […].

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Opinion: The time is right for origination modernization

Housing Wire

The industry is buzzing with conversations around appraisal modernization — for good reason. Appraisal modernization reduces origination cycle time, bolsters appraiser capacity and helps lenders deliver a more seamless and transparent borrower experience. Here’s a quick rundown of how this modernization can support your success.

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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? Collaborative valuation is a natural step in modern appraisal firms. Can it be abused?

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