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Statistics: Part of Modernized Valuation?

George Dell

Modernized Appraisal is a necessary part of coming lending regulation. Descriptive statistics” they called it. The post Statistics: Part of Modernized Valuation? Some think old methods are just fine. Others think advanced quantitative methods are necessary. What to do? Our teachers also showed us pretty […].

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Cindy Chance named CEO of The Appraisal Institute

Housing Wire

The Appraisal Institute has been criticized for a lack of diversity in its ranks and acknowledged a need to modernize. According to the group’s own statistics, 78% of U.S. According to the group’s own statistics, 78% of U.S. Those agencies and GSEs are also pushing more use of automated valuation models (AVMs).

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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. appeared on Appraisers Blogs.

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Is Statistics Always Scary?

George Dell

Statistics is a necessary part of modernized valuation, and it is very much misunderstood. The main problem with statistics is words! The post Is Statistics Always Scary? The post Is Statistics Always Scary? We use […]. appeared first on George Dell, SRA, MAI, ASA, CRE.

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Jim Amorin steps down as CEO of Appraisal Institute

Housing Wire

The residential appraisal space has been rocked by increased federal scrutiny over the past two years, with several agencies studying whether appraisers let racial bias change their valuations. The Appraisal Institute has acknowledged that it needs to modernize. According to the group’s own statistics, 78% of U.S. as Hispanic.

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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry. Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation. AMCs Driving Tech Innovation .

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Member Spotlight: John Brenan

Housing Wire

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. At Clear Capital, Brenan oversees the quality of the company’s appraisal and valuation products and implements changes to continually evolve the program. .

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