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After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. Seriously, the value-add provided by AMCs to the appraisalprocess in the delivery of actual appraisals might be 5%, but no chance in hell it is 75%.
Dan joined Clear Capital in 2009 as a QA Analyst and has consistently risen through the ranks, achieving the role of VP of Product in 2023. During his tenure, he has played an instrumental role in Clear Capital’s work alongside Fannie Mae and Freddie Mac to refine and modernize the appraisalprocess.
NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M Excerpts: The 16,814-square-foot home sits on a more-than-third-acre, lakeside lot.
ValueLink Software , the industry-leading provider of valuation management technology, today announced that it offers mortgage lenders automated ordering of Clear Capital ‘s Collateral Desktop Analysis (CDA®) through their appraisal management platform. Clear Capital is proud to be at the forefront of this movement.”
” (Chapter 7) This excerpt vividly illustrates the prospective advancements in AI-powered appraisalprocesses. This was in 2009 in the throes of the Great Recession. But in 2009, Simonson bought a house. Termination of Cindi Chance sent a message that AI does not care about residential appraisers.
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