This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The post Clear Capital launches APIs to make adopting modern valuations solutions easier appeared first on HousingWire.
Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets. Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S.
We’ve been very involved in appraisal modernization [and] investment over the past five years,” Kenon Chen, EVP of corporate strategy at Clear Capital, said. “We’re We’ve been a company that’s been investing very heavily in bringing data analytics and technology into the valuation space.
To be candid, it seems we’ve been in an almost continuous refinance cycle since 2001, with only one, albeit powerful, default counter cycle to break up that period. Having a modern, streamlined process makes a potential lending client’s decision much easier. They want redundancies and policies that ensure compliance.
According to Cameron, the recent downturn has delivered the biggest and fastest rate increase in modern history — and the sharpest volume and revenue decrease the mortgage business has ever seen. Founded in 2001 as a retail originator, Interfirst Mortgage expanded into wholesale in 2008 and added a correspondent channel in 2011.
Greg: : Unfortunately, there are no short-term solutions in the crystal ball, especially as we continue to recover from the most impactful world-wide event in modern history. Buzz: Can we have your background in the industry? Buzz: What factors determine these shortages and how can we move past them? .
According to the National Association of Realtors , in 2020, some 87% of homebuyers purchased their home through a real estate agent or broker, and that number has steadily increased each year since 2001. For sellers, they offer HomeSwap which is a modern-day bridge loan so consumers can buy a home without selling their other home first.
Clear Capital Expands Relationship with CoreLogic in Support of Modern Appraisal Readiness Clear Capital’s Universal Data Collection product available to be ordered, fulfilled through CoreLogic Valuation Workflow Solutions Reno, Nev. CoreLogic’s Valuation Workflow Solutions power over 1,400 of the nation’s mortgage lenders.
In support of the appraisal modernization policy changes, it’s imperative that we are able to provide lenders with an efficient and seamless experience,” said Kenon Chen , EVP of Strategy and Growth at Clear Capital. For borrowers, this modernization can provide upfront value certainty and reduced costs for eligible loans.
Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev.
Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Through Application Programming Interface (API) tools, partners can readily integrate modern valuation tools directly into their own systems to enhance their customers’ experience. March 1, 2022 —. Media Contact: Ryan Hall. 949-280-4704. ###.
Each API connects directly into existing systems through a single integration for lenders, investors, and system providers, making it easier to adopt and deploy modern property valuation solutions. ” Over the past year, the government-sponsored enterprises (GSEs) have made sweeping changes around modern valuation solutions, and ?? .”
Direct integrations such as AURA equip our customers with market-leading solutions today, and position them for the appraisal and valuation modernization changes being implemented by the agencies.”
Their nationwide network of experienced real estate professionals and appraisers, paired with the company’s proven experience and modern appraisal solutions, will add tremendous value for our lender clients,” said Ben Wiant , Vice President of AppraisalWorks. Media Contacts: Correne Jackman. AppraisalWorks. cjackman@appraisalworks.com .
Backed by a vast experience in GSE appraisal modernization, Clear Capital’s ClearInsight+ and Hybrid Appraisal are designed to address each scenario and support a complete Freddie Mac ACE+ PDR implementation among mortgage lenders nationwide. Media Contact: Ryan Hall. Caliber Corporate Advisers for Clear Capital. 949-280-4704. ###.
Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.
The acquisition is part of Clear Capital’s ongoing efforts to bring more consistency and accuracy to home appraisals through innovative technology, improved processes, and policy modernization. Part of Clear Capital’s workforce expansion focuses on building out its information and product teams. Media Contact: Ross Stevens. 803-549-7529.
These industry-leading APIs connect through a single integration for lenders, investors, and system providers, making it easier to adopt and deploy modern property valuation solutions.
New technology furthers Clear Capital’s efforts to modernize the appraisal process. Our commitment to excellence — wherever it leads, whatever it takes® — is embodied by more than 1,400 team members across four brands (Clear Capital, Clario , CubiCasa , and REO Network ) and has remained steadfast since our first order in 2001.
This modern framework enables industry participants to integrate with ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology.
From a rich culinary scene to a thriving arts scene, Lafayette combines some of the best elements of the South with a modern perspective. Whether you want an older home with plenty of character or a more modern build, plenty of options are available to make it easy for you to call Lafayette home.
With over 300 years of history to explore and many modern amenities, Baton Rouge is perfect for future homeowners looking for a mix of the past and present. Since creating our business in 2001 , we have made the home-buying experience seamless. Baton Rouge is the capital of Louisiana and the heart of the state.
Reggora , an appraisal management software company that is modernizing residential real estate valuation for lenders, appraisers, and borrowers, announced today that it has entered into a strategic partnership with Clear Capital ® , a national real estate valuation technology company, to offer valuation quality control. About Reggora.
To further support appraisal modernization and enhance data quality and consistency in property data collection, Fannie Mae and Freddie Mac partnered to develop UPD under the Uniform Mortgage Data Program ® (UMDP ® ) , responding to industry feedback requesting market standardization and fungibility.
Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures. The kitchen also looks like a step back in time but it’s been updated with modern appliances: a fridge and an oven.
With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. percent, matching October 2022’s rate and the highest rate since 2001,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.
NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ percent, with points increasing to 0.96
Built in 1929, the residence had a complete makeover in 2001 with wonderful features – bedroom fireplace, built-ins, skylights, massive outdoor pool and spa tub. List: $14.99M ($3005/sq. Down the road to Medina, this manse is magical – a 5-bed, 4.75-bath bath , 5546 sq. 2-story, carriage-style stunner. Please wear soft-soled shoes.
Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. Clear Capital’s automated status updates keep the lender informed in real-time.
million housing units since 2001. The modern masterpiece is looking for its first owner, if $6.498M ($1084/sq. There are modern touches wherever you look. There is a strong need for a once-in-a-generation response to address decades of underinvestment in housing. The nation has faced a shortfall of 5.5 million to 6.8
The seemingly mundane asphalt-covered piece of real estate silently champions the ebb and flow of modern living. Introducing a modern, steel, glass and concrete residence in Seattle’s Washington Park neighborhood. From putting green to billiard room, there is so much to see and do in this 2001-built traditional home.
Vaulted ceilings and skylights in select rooms open up this 1939-built abode that feels fresh and modern. Major League Baseball All-Star Game, July 11 This year marks the first MLB All-Star Game in Seattle since 2001 and only the third in our city’s history. Or about a stately house in Magnolia? It’s a 4-bed, 3.75-bath bath , 4197 sq.
Combination of national valuation tech company and innovative proptech startup will accelerate appraisal modernization and further democratize property data and insights. ClearInsight is widely used in national appraisal modernization programs. We’re thrilled with the CubiCasa product, but also with their tremendous team,” Allen said.
Will I have to pay the same rates as the Oakland hills, which is very high risk and had a major fire in 2001? Properties in new developments may command premiums due to modern amenities, energy efficiency, and lower maintenance costs, but appraisers must also consider competitive pressures from older homes nearby.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content