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Like it or not, desktop appraisals are here to stay

Housing Wire

A recent federally commissioned report further detailed the appraisal industry’s dysfunctional regulatory regime. In October 2021, FHFA Acting Director Sandra Thompson announced to a crowd of mortgage industry professionals that desktop appraisals would become permanent, starting early in 2022.

Appraisal 370
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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. The past year hasn’t been particularly good for tech or housing. The company was No.

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The Apple Peeled - Ask the Experts: Market Dynamics with Jonathan Miller

Miller Samuel

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. The 10-year Challenge (2009 vs. 2019). In 2009, the average discount from listing was 10.2%.

Marketing 221
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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

The bill summary was: Relates to the registration of real estate appraisal management companies or an individual or business entity that provides appraisal management services to creditors or to secondary mortgage market participants including affiliates by the department of state.

Law 367
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Class Valuation Hires Industry Leader to Grow DataMaster  

DataMaster

DataMaster’s proprietary SAAS-based workflow tool helps drive efficiencies in the appraisal process by shortening turn times and increasing accuracy via automation, resulting in improved throughput and earning potential for appraisers. Founded in 2009, Class Valuation is headquartered in Troy, Michigan.

Valuation 148
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ValueLink integrates with Clear Capital to deliver advanced valuation solutions to lenders and AMCs

Clear Capital

“Partnering with Clear Capital enables us to cater to the evolving needs of the mortgage industry by offering a one-stop solution to order and manage traditional and non-traditional valuation products that reduce time, cost, and risk for our customers,” said Farrukh Omar, COO at ValueLink Software. About ValueLink.

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

Clear Capital

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of Operations at ValueLink.