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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? It takes a while for them to train like this, but in reality, I like training them this way.

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The appraiser can’t be replaced by technology – Here’s why

Housing Wire

Appraiser training, education and data availability are critical components to improving the accuracy, credibility and integrity of appraisals.” These entities make many other comments about technology, workforce options, modernization and the need for change. ” The Value of the Human Appraiser. .”

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Clear Capital expands its partnership with ValueLink

Housing Wire

Real estate valuation technology company Clear Capital announced on Wednesday that it has expanded its partnership with ValueLink , a valuation management platform, to offer better support for appraisal modernization policy changes. Clear Capital is a national real-estate valuation technology company.

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Xactus’ valuation solution approved to fulfill Fannie Mae’s property data collection orders

Housing Wire

Appraisal Firewall X connects mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions, the company said in a release. ” Fannie Mae’s program is part of its ongoing efforts to modernize the valuation component of the mortgage industry. .

Valuation 381
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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

Fannie Mae’s value acceptance+property data extends an appraisal waiver provided the property data is gathered by a vetted and trained third party and a floor plan is delivered to a desktop underwriter.

Valuation 315
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This company is setting its sights on same-day appraisal turn times

Housing Wire

Chris Knight: The shortage of appraisers is not going to be remedied without focusing on the larger issue—the lack of focus on recruiting and training new appraisers. Australians have a different appraisal training process compared to the apprenticeship model in the U.S. Since early 2020, we’ve trained more than 150 cadets.

Appraisal 370
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How is the industry adapting to desktop appraisals?

Housing Wire

HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. The quality and accuracy of modern appraisals have proved to be on par with, or better than, the traditional process, all while reducing turn time by 5 days on average.

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