Appraisal Buzz
JANUARY 24, 2022
McKissock Learning and Incenter Appraisal Management are equally focused on empowering appraisers to remain the key stakeholders in the appraisal process. This solution already meets most remote inspection and desktop appraisal guidance and is USPAP compliant, putting appraisers and lenders one step ahead.
Housing Wire
FEBRUARY 27, 2024
Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. Xactus provides solutions that include credit reporting, online verifications, fraud detection and property appraisal. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders.
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Housing Wire
MARCH 5, 2021
These factors combined to throw the appraisal industry in flux. It has a very uncertain future: will in-person appraisals be the norm, or will technology overtake the process completely or partially? But compounding the problem is a lack of appraisers entering the profession, Reese said.
Appraisal Buzz
APRIL 15, 2024
The new data set is all encompassing for every property type (residential) that were traditionally divided into 12 separate forms. The appraiser will be led through a process, defined by the scope of work. This scope of work is determined by the type of property and the characteristics of the property.
Housing Wire
AUGUST 31, 2023
A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics.
Housing Wire
NOVEMBER 30, 2021
These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues.
Housing Wire
JUNE 14, 2022
The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Still, there are some kinks to work out of third-party property data collection, which Christensen described as the “Wild West.”.
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