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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

Lending 467
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CFPB, FHFA release updated mortgage originations survey data

Housing Wire

The data provides “updated mortgage performance and credit information for a nationally representative sample of mortgage borrowers from 2013 to 2021,” the agencies explained. This year’s survey provides new insights into appraisal satisfaction and willingness to move for borrowers with new mortgages,” Brown said in a statement.

Mortgage 431
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Will hybrid appraisals become the new normal?

Housing Wire

According to FHFA director Mark Calabria, modernizing the appraisal process has the potential to create a more “streamlined and accurate collateral valuation process.” The comments we receive will inform how we will modernize appraisals to improve both loan quality and the origination process.”.

Appraisal 482
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FHFA will host second public forum on appraisal bias

Housing Wire

The housing regulator, led by Sandra Thompson, said it will look at the current regulatory framework for the industry , with a particular eye toward standards , qualification criteria, barriers to entry into the profession and appraisal practices. housing market in the future.

Appraisal 397
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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

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Incenter Appraisal Management and McKissock Learning Form Desktop Valuation Training Partnership

Appraisal Buzz

McKissock Learning and Incenter Appraisal Management are equally focused on empowering appraisers to remain the key stakeholders in the appraisal process. For more information, please visit incenteram.com. For more information, go to www.colibrigroup.com or www.mckissock.com/. About McKissock Learning.

Training 370
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Consolidated Analytics’ Ed Gerding: The pillars of QC in action

Housing Wire

Well established and effective quality control programs contribute to community stability by promoting responsible lending practices and ensuring the accuracy of the data obtained through the property appraisal process.

Lending 447