Housing Wire

AUGUST 30, 2022

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

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Tools Lending Valuation Technology 435

Housing Wire

JULY 15, 2024

With our home equity program, we want to make sure that we’re offering our broker partners a product they can win in this market and help their clients.” Fawaz said alternatives to the conventional appraisal process can reduce time and costs. It starts on Monday and is valid until Aug.

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Appraisal Process Valuation Government Mortgage 448

Housing Wire

OCTOBER 26, 2020

In times like these, the “one-stop-shop” approach to the servicing and lending process has become even more appealing, and there is a company providing that in a flexible capacity: Xome. We have the ability to shapeshift and reallocate our resources very quickly from one part of the mortgage process to another,” said Rawls.

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Clients Valuation Technology Inspection 397

Housing Wire

JUNE 9, 2021

This is a critical advancement in the industry as we’ve seen appraisal timelines continually increase. HW: What role can data analytics play in alleviating these pain points? JW: The key to transactional efficiency is validated data.

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Appraisal Property Taxes Valuation Technology 418

Housing Wire

APRIL 6, 2021

One California-based real estate agent who originates her own loans told HousingWire that she believes appraisers are being far too conservative in this high-octane market, and are also using bad comps. She recently had a deal fall apart due to appraisal. How hybrid title and valuations help increase lending efficiency.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

JUNE 11, 2021

Purchase originations require enhanced communication with clients and typically take longer to reach the finish line. And there’s one lending partner that has the solutions and resources to give LOs just that. From the onset of the purchase market’s acceleration, the appraisal process presented multiple frustrations for brokers.

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Appraisal Clients Insurance Lending 388

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. I think potential clients appreciate this.

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Business Appraisal Real Estate Agent Lending 393

Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Users will re-engage the appraiser once they attain a level of confidence in that professional’s ability. Is there room for more improvement?

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Appraisal Modernization Appraisal Process Technology 281

Housing Wire

MAY 2, 2021

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

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Valuation Appraisal Appraisal Process Technology 201

Realvals

FEBRUARY 10, 2025

Appraisals play an important role in real estate transactions, but privacy is always a concern. Home appraisals are never publicly available and are only shared with the appraiser’s client and authorized parties. Confidentiality is a key part of the appraisal process.

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Appraisal Property Taxes Real Estate Market Value 78

Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. Source: Inc.

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Real Estate Real Estate Agent Technology Investors 370

Housing Wire

DECEMBER 29, 2020

Mandatory Analytics provides our investor clients with transparency, allowing them to identify where execution efforts are succeeding, where they are losing to the market, and why,” said Scott Happ, president, Black Knight secondary mortgage marketing technologies.

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Mortgage Investors Technology Real Estate Agent 411

Housing Wire

APRIL 27, 2021

The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. In many of those reviewed, there is a strong desire to keep appraisals and appraisers as key components of the mortgage lending process.

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Modernization Appraisal HOA Valuation 309

Appraisal Buzz

JULY 8, 2024

Heck, appraisal modernization was being discussed by FNMA and Freddie Mac in 2016! Moves to modernize The most recent efforts to “modernize” the appraisal process was highlighted significantly due to the years of the pandemic when appraisal turn times and fees reached all-time highs.

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Modernization Inspection Appraisal Technology 367

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. The goal of this article is to help lenders, banks reviewers and appraisers.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Buzz

AUGUST 12, 2024

Additionally, appraisers should clearly communicate their pricing structures to clients, emphasizing the scope of work and the time required to complete that scope credibly. TRID is a set of regulations that combine the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA).

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Appraisal Inspection Lending Training 370

Birmingham Appraisal

JANUARY 29, 2025

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. This commitment to objectivity is important to the appraisal process.

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Appraisal Appraisal Process Valuation Buyers 63

Appraisal Buzz

DECEMBER 20, 2021

However, the challenges of appraiser shortages and appraisal backlogs are slowing down lending. We are thrilled to overcome this hurdle with Incenter Appraisal Management’s groundbreaking solution,” said John Keratsis, President and CEO, Deephaven Mortgage. About Incenter Appraisal Management.

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Appraisal Mortgage Technology Inspection 195

Cleveland Appraisal Blog

OCTOBER 29, 2021

To make this determination, the appraiser must first determine the Highest and Best Use of the land. To help the public to realize that our work as appraisers, is not as simple as many who are not appraisers, say it is, or how simple things may look on paper. REMAINING ECONOMIC LIFE FOR LENDING PURPOSES.

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Appraisal Development Finance Lending 365

Birmingham Appraisal

AUGUST 23, 2023

When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened. A mutually respectful partnership ensures that each of their clients receives informed advice, leading to confident decisions.

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Agents Appraisal Valuation Appraisal Process 90

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 86

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Steps in the Appraisal Process.

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Appraisal Inspection Appraisal Process Real Estate Agent 98

Simonson Real Estate

JUNE 10, 2020

It’s the outcome we strive for following the appraisal process. As an appraiser, it means we nailed that sweet spot and produced an accurate appraisal. Thankfully, our hard work at Simonson Appraisals nearly always pays off. “No news is good news” is more than just a saying. Bottom Line.

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Real Estate Appraisal Clients Valuation 148

Birmingham Appraisal

AUGUST 2, 2023

This ensures that the appraiser has undergone rigorous training, meets the state’s education requirements, and follows ethical guidelines in their practice. A licensed appraiser demonstrates commitment and accountability to their clients and the industry.

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Appraisal Agents Valuation Real Estate 78

McKissock

DECEMBER 28, 2021

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Clear Capital

AUGUST 17, 2021

A declining appraiser population coupled with a surge in origination volumes has accelerated efforts to modernize the valuation process. As lending volume spikes, there is added pressure to close loans quickly to drive the market and adopt cost-effective alternatives to traditional valuation solutions.

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Valuation Modernization Technology Appraisal Process 69

McKissock

JULY 20, 2021

So right from the start, in at least 30 states that license home inspectors, the property inspection you make for the purposes of developing an appraisal should not be confused with a home inspection completed by a home inspector, because you are not licensed as home inspector and you were not hired by the client to complete a home inspection.

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Inspection Appraisal Construction Clients 105

Birmingham Appraisal

NOVEMBER 20, 2024

Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am. In reality, the lender is the appraiser’s client.

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Real Estate Appraisal Inspection Contracts 91

Clear Capital

APRIL 21, 2021

“We’re on a mission to reinvent the home appraisal and review process through innovative technology and a suite of alternative valuation products that reduce the time, cost, and risk for our clients,” said Jim Cutillo, founder and CEO at AppraisalVision. ” ###. For more information, visit AppraisalVision.com.

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Valuation Modernization Technology Appraisal 69

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 94

Clear Capital

NOVEMBER 14, 2022

Delays in responding to revision requests can have a serious impact on all lending parties during the review process. In a volatile market where interest rates are constantly changing, an appraised value can sometimes trigger a renegotiation. Elevate the appraisal process with Clear Capital. Eliminate surprises.

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Appraisal Lending Bracketing Inspection 69

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Today

AUGUST 2, 2024

And, if there were five or more units on the site, it would be something a commercial appraiser would handle via a narrative format. Then, along came accessory dwelling units (ADU), which in some states and cities are messing with established appraisal and lending systems. Ah, the good old days. FHLMC), the VA and FHA.

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Appraisal Valuation Law Contracts 73

Chicagoland Appraisal Blog

MARCH 21, 2022

John : Basically, to make it a little bit simple, I do home appraisals and most people know appraisers in connection with mortgages, whether it’s for purchase or refinance. In my practice here, we specialize in the non-lending side of the appraisal hemisphere. The Appraisal Management Company hires me.

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Appraisal Tenants Real Estate Property Taxes 148

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Click here == Estate/trust appraisal liability advice from Peter Christensen Here are some general pointers: 1.

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Appraisal Contracts Training Architecture 80

McKissock

OCTOBER 30, 2020

In this recorded webinar, presented by Certified General Appraiser Julie Molendorp, you’ll learn real-life information related to a risk management-based viewpoint of appraisal reviews for lending purposes and why your underwriters ask what they do. Proven Test Taking Tips for Your Real Estate Appraiser Exam.

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Appraisal Insurance Clients Real Estate 54

McKissock

FEBRUARY 25, 2022

To help simplify things, we’ve organized the comments below into the following categories of ways to stand out from the competition: Client relations. Approach to the appraisal process. Appraisal specializations. Client relations. “I like to think it is my customer service, and client relations.”

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Real Estate Appraisal Easement Inspection 78