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Clear Capital will lay off 27% of its workforce

Housing Wire

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.

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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

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.

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A look behind this year’s Tech100 winners

Housing Wire

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.

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Clear Capital Expands Relationship with CoreLogic in Support of Modern Appraisal Readiness

Clear Capital

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.

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Clear Capital Calls on Companies to Join the Clear Capital Partner Network Focused on Appraisal Modernization

Clear Capital

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.

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Clear Capital and ValueLink Expand Partnership to Support Recent Appraisal Modernization Policy Changes

Clear Capital

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.

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Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes

Clear Capital

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.