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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.
Since the announcement , we have heard from a number of lenders and partners about their excitement over our ability to accelerate the digital journey of our industry, our ability to invest in the modernization of the MSP servicing platform, and the open technology approach we bring to the deal.
Since taking a dip in 2009, there has been a slow, but steady climb with more than 100,000 manufactured homes shipped in 2021, and a post-recession high reached in 2022 with 112,000 manufactured homes shipped, according to a 2023 report by the Joint Center for Housing Studies at Harvard University. They often come with a choice of layout.
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.
In this role, Tossavainen will oversee DataMaster’s day-to-day operations, implement strategies to enhance efficiency, and build upon the company’s vision to grow a technology platform that modernizes the appraisal space. Founded in 2009, Class Valuation is headquartered in Troy, Michigan.
ValueLink Software, the industry-leading valuation technology provider, has announced that it has partnered with real estate valuation and analytics fintech leader Clear Capital to enable its users to order Clear Capital’s suite of valuation products, including hybrid and desktop products. August 17, 2021 —. About ValueLink.
Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed. In addition to the financial crash in 2008/2009 and changes in interest rates, other factors have affected home design, including technological advancements and family dynamics.
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. Houston — June 14, 2022 —. ” About ValueLink Software.
Functional obsolescence may or may not be caused by trends in buyer or market preferences, outdated design, or even advances in technology. A home with radiator heat and window unit air conditioning may be seen as functionally obsolete, and thus less valuable, as more modern homes have forced air furnaces and central air conditioning.
NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse.
CONDO NEWS There is no better example of cutting-edge technology in a residential building than at the condominium simply known as Spire. contemporary, 2-story modern (with basement). Yes, the 2009-built home is bigger than the parcel of land it sits on – a rare occurrence. This one breaks the mold. bathroom , 4150 sq.
The home, which apparently was never occupied since the building opened in 2009, comes with five deeded parking spaces. The listing agent calls it “modern farmhouse.” The home, also within feet of the Burke-Gilman Trail, offers a rooftop, great views, smart-home technology and a private dock with 50 feet of waterfront.
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