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How AI will transform the mortgage and appraisal industries

Housing Wire

At Jaro , our commitment to integrating AI automation alongside the traditional appraisal process is not just about keeping pace with technology — it’s about making the process of appraising and valuing properties better for every stakeholder: from lenders, to borrowers, appraisers and everyone in between.

Appraisal 417
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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. This blend of technology and human expertise sets Opteon apart from traditional appraisal methods, providing a more robust and accurate appraisal process.

Lending 378
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Overcoming 2023’s biggest appraisal challenges

Housing Wire

Both types of initiatives are important, but no one seems to be talking about how we can get more production out of our current set of appraisers. The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries.

Appraisal 362
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The Importance of Correlation Matrices in Residential Real Estate Appraisals: Five Key Reasons for Use

Appraisal Buzz

While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process. Correlation coefficients in the matrix range from -1 to 1.

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Fannie Mae is Bullish on Appraiser Trainees

Appraisal Buzz

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. Fannie Mae recognizes the benefits of a more diverse appraiser workforce.

Appraisal 397
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Webinar Thursday | Revolutionizing Appraisals: The Road to Modernization

Appraisal Buzz

Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. Discover the cutting-edge tools and strategies driving the future of real estate appraisals. Insights from appraisers led us to integrate Restb.ai

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Freddie Mac’s updates to the ACE + PDR valuation option

Housing Wire

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

Valuation 283