Housing Wire

JUNE 14, 2021

ICE Mortgage Technology will now deploy an “eVault” solution as part of its mortgage closing platform to ensure the secure storage of digital mortgages and notes, it announced late last week. The post ICE, DocMagic team up to offer closing technology appeared first on HousingWire. Digital mortgage platform DocMagic Inc.

Technology 397

Technology Supply Chain Training Valuation 397

Housing Wire

MAY 23, 2023

To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. These additional valuation options will lessen the opportunity for appraisal bias.” Johnson said.

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Technology Appraisal Lending Valuation 384

Housing Wire

APRIL 20, 2021

.” From the Mortgage Bankers Association (MBA): “While MBA supports the ongoing development of such tools, MBA also acknowledges the need for appraisers and lenders to provide some level of oversight and due diligence to preserve the overall quality of the data referenced in future valuations. The axe can do nothing on its own.

Technology 397

Technology Appraisal Valuation Lending 397

Housing Wire

FEBRUARY 27, 2024

Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders. He previously served as the company’s chief data officer.

Tenants 419

Tenants Valuation Clients Training 419

Housing Wire

MAY 10, 2023

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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Valuation Modernization Technology Appraisal 384

Housing Wire

NOVEMBER 8, 2023

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. SingleSource has been providing valuation services nationwide since 2000 and nationwide field services and inspection services since 2006.

Valuation 406

Valuation Inspection Modernization Training 406

Appraiserblogs

MARCH 12, 2021

The most weighted technique in most automated valuation programs comes down to one over-simplified formula, based on a guesstimation from an outside source that has no interest in the real estate system… Dear FHFA: Please accept the following comments in regard to Question A1.4. Thank you for taking the time to review these thoughts.

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Training Valuation Appraisal Process Appraisal 147

Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” We are on a journey of continuous improvement to make the home valuation process more efficient and accurate. “The

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Appraisal Valuation Appraisal Process Technology 458

Housing Wire

SEPTEMBER 23, 2021

The two are well acquainted – Clear Capital already utilized CubiCasa’s digital gross living area technology. The partnership will allow CubiCasa’s automated floor plan sketching technology to integrate with Clear Capital’s ClearInsight Platform, a mobile property data collection application. Presented by: Incenter.

Valuation 384

Valuation Technology Appraisal Modernization 384

Housing Wire

MARCH 13, 2024

While ChatGPT might be making headlines, the true killer apps of the AI revolution will add the technology to software that agents already know and love. Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you.

Real Estate Agent 421

Real Estate Agent Tools Real Estate Agents 421

Housing Wire

FEBRUARY 18, 2022

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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Training Valuation Appraisal Real Estate 384

Appraisal Buzz

JUNE 10, 2021

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. We specialize in real estate valuations for the mortgage lending and financial services industries.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

SEPTEMBER 19, 2023

“With our CubiCasa partnership, we can influence market adoption of floor plans thanks to their easy-to-use technology and valuable data outputs.” CubiCasa’s MLS Partnership Program now boasts 30 participating companies. Other notable MLSs in the program include Bright MLS , the Houston Association of Realtors and Georgia MLS.

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Tools Technology Training Real Estate 421

Valuation Review

APRIL 7, 2021

Valuation Review recently spoke with CEO and veteran appraiser William Fall, who heads the William Fall Group. Fall outlined some of his ideas on current hot topics within the industry dealing with PAREA, education, training and the appraiser’s role when it comes to bias. Read on for more from Fall.

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Training Valuation Review Technology Valuation 60

Housing Wire

NOVEMBER 28, 2023

According to the firm, CubiCasa’s technology reduces the subjectivity and inconsistency of the traditional “hand-drawn sketch” method of determining a home’s size, still used by appraisers today, and empowers even untrained homeowners to produce accurate results.

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Tools Technology Real Estate Training 410

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

Valuation 91

Valuation Property Appraisal Training Appraisal 91

Housing Wire

NOVEMBER 6, 2023

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

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Government Training Tools Design 409

Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: How and why has appraisal management technology evolved over the past year?

Appraisal 396

Appraisal Valuation Inspection Modernization 396

Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor.

Appraisal 370

Appraisal Valuation Technology Real Estate 370

Housing Wire

MARCH 5, 2021

It has a very uncertain future: will in-person appraisals be the norm, or will technology overtake the process completely or partially? “So, trainees go out into the field with little training and the mentors don’t even break even. . These factors combined to throw the appraisal industry in flux.

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Appraisal Valuation Training Technology 432

Housing Wire

FEBRUARY 28, 2021

The company integrates with an existing brokerage website to provide homeowners with three valuations along with insight into the number of real estate buyer leads actively searching for a property just like theirs. These campaigns deliver monthly valuation changes, so the agent is top of mind for when the client needs professional services.

Real Estate 421

Real Estate Brokerage Valuation Clients 421

Clear Capital

AUGUST 24, 2022

Now you can order BPOs through your system utilizing Property Valuation API — Clear Capital’s all-in-one valuation suite — and receive the BPO results as data and/or an easy-to-read pdf report. And with Property Valuation API, you can easily initiate a hold, cancel, or request a revision effortlessly if something changes.

Valuation 69

Valuation Real Estate Modernization Training 69

Housing Wire

JANUARY 18, 2023

The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries. It’s important to make sure that your appraisal department and vendors are trained and understand all the criteria around each option.

Appraisal 384

Appraisal Reconsideration of Value Appraisal Process Technology 384

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Lenders, Lender Technology Providers, Appraisal Management Companies (AMCs), Appraisal Software Providers, and Appraisers will need to devote time and resources to this evolution.

Appraisal 397

Appraisal Design Lending Technology 397

Appraisal Buzz

AUGUST 8, 2022

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. We continue to encourage properly trained new entrants to strengthen the profession in all these ways.

Appraisal 397

Appraisal Training Appraisal Process Business 397

Housing Wire

APRIL 18, 2023

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

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Mortgage Technology Business Investing 370

Housing Wire

SEPTEMBER 6, 2023

Here is just one example among many: Proportunity helps would-be property owners to get a fair and up-to-date valuation of residential real estate. Agents must not fall behind the very same technological advancements that buyers are using to their advantage. That makes AI a part of the team as well, and it ought to be embraced as such.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Marketing 397

Housing Wire

OCTOBER 1, 2022

Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools. Survey respondents were most comfortable with desktop appraisals and least comfortable with automated valuation models (AVMs).

Appraisal 397

Appraisal Real Estate Agent Valuation Training 397

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

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Training Technology Real Estate Valuation 352

Appraisal Buzz

JULY 25, 2022

I provide short and long-term consulting services related to valuation, education, review, and investigations. Buzz: In what ways is new technology impacting the future of appraisal industry in regards to this new process? Adequate training helps ensure a degree of consistency in the collection and reporting of property data.

Appraisal 360

Appraisal Inspection Training Valuation 360

Appraisal Buzz

APRIL 8, 2024

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope.

Technology 418

Technology Appraisal Valuation Supply Chain 418

Clear Capital

MARCH 22, 2023

Written by NEXT Fannie Mae has approved six firms to handle its new valuation process, which removes traditional appraisers from the equation. They include Accurate Group, Black Knight, Class Valuation, Clear Capital, Mueller Services, Inc., and Solidifi.

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Valuation Training Appraisal Technology 36

Housing Wire

JULY 12, 2022

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. The State of Appraisals in 2022. The State of Appraisals in 2022.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Housing Wire

AUGUST 7, 2020

Keller Williams gave credit to its quick technology shifts during the pandemic to keep business going. The brokerage launched an online training initiative , virtual home tour training in collaboration with Facebook , continued expansion worldwide and updated its app to include virtual home tour scheduling. “As

Brokerage 384

Brokerage Training Agents Technology 384

Housing Wire

AUGUST 23, 2022

Like every new process, education, training, and technology are key to success. The lender has greater certainty since a full appraisal is not required, but also technology-enabled property data is being collected to provide transparency for the condition and characteristics of the property for all stakeholders.

Appraisal 370

Appraisal Modernization Appraisal Process Technology 370

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. However, it was deemed as too challenging technologically so it languished. It is trained on text data and learns to identify patterns from that data to generate human-like text responses.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

JUNE 2, 2022

“The way that we like to look at solving that problem is through a click of a button, distributing the loan at an even price to sell that to a cadre of investors,” Al Qureshi, managing partner at Blue Water Financial Technologies , said on Thursday during IMN ‘s third annual Non-QM Forum in California. Scaling is hard.”.

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Lending Investors Mortgage Clients 384