Housing Wire

JULY 11, 2024

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.

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Lending Appraisal Appraisal Process Valuation 378

Housing Wire

MARCH 23, 2023

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S. FHFA, along with HUD, [the U.S. Department of Agriculture (USDA) and the U.S.

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Appraisal Valuation Reconsideration of Value Training 353

Housing Wire

MAY 10, 2023

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.

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Valuation Modernization Technology Appraisal 341

Housing Wire

SEPTEMBER 23, 2021

The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. How do remote valuation solutions benefit appraisers? Class Valuation also has digital floor plan capabilities.

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Valuation Technology Appraisal Modernization 362

Appraiserblogs

MARCH 12, 2021

The most weighted technique in most automated valuation programs comes down to one over-simplified formula, based on a guesstimation from an outside source that has no interest in the real estate system… Dear FHFA: Please accept the following comments in regard to Question A1.4.

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Training Valuation Appraisal Process Appraisal 147

Appraisal Buzz

APRIL 8, 2024

One of its most intriguing applications lies in the domain of appraisals. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. This ensures that every valuation stands the test of time, free from potential manipulation.

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Technology Appraisal Valuation Supply Chain 418

Appraisal Buzz

JANUARY 13, 2025

This wide variety of data sources typically includes the relevant MLS, County records, other appraisers, reputable real estate brokers, and so forth. Understanding how these variables relate to one another, as well as to the subject, is critical for the appraisal process.

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Real Estate Appraisal Appraisal Process Reconsideration of Value 352

Appraisal Buzz

AUGUST 8, 2022

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.

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Appraisal Training Appraisal Process Business 397

Housing Wire

JANUARY 18, 2023

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.

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Appraisal Reconsideration of Value Appraisal Process Technology 362

Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: What are some of the risks and benefits of non-traditional appraisal methodologies?

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Appraisal Valuation Inspection Modernization 324

Appraisal Buzz

MAY 6, 2024

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

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Reconsideration of Value Valuation Appraisal Appraisal Process 150

Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor.

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Appraisal Valuation Technology Real Estate 331

Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Everyone who works at PCV Murcor is trained knowing we are all in this together.”.

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Clients Valuation Real Estate Appraisal 397

Housing Wire

AUGUST 31, 2020

Finding an appraisal management software for real estate and commercial that works the way each individual lender does is difficult – usually resulting in time-consuming configurations, development work and training. The interface is so easy to navigate that lenders need almost no training. PRODUCT: EVO.

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Appraisal Training Real Estate Design 346

Housing Wire

JULY 12, 2022

It’s a model in stark contrast to that of inspections for traditional appraisals. It may also be viewed as revolutionary for an industry in which the most significant change to the appraisal process in the past few decades was the advent of appraisal management companies as an intermediary between lenders and appraisers.

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Appraisal Inspection Real Estate Agent Training 432

Housing Wire

MAY 25, 2021

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. Navigating appraisal challenges in today’s housing market. Delegating onsite data collection.

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Appraisal Valuation Real Estate Modernization 313

Housing Wire

AUGUST 23, 2022

We have been very active in hybrid appraisal pilots and we have seen the benefit of providing accurate, digital data about the property to the appraiser, which has been crucial to adoption. Like every new process, education, training, and technology are key to success.

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Appraisal Modernization Appraisal Process Technology 301

Appraisal Buzz

DECEMBER 16, 2024

This could mean hiring administrative support, utilizing virtual assistants, or outsourcing certain parts of the appraisal process that dont require your specific expertise. Build a Team: Eventually, youll need to hire and train others to do the appraisal work itself.

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Business Training Appraisal Clients 332

Housing Wire

FEBRUARY 8, 2022

By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. Some have also touted he cost benefits that desktop appraisals could bring. The lenders may not like the appraisal process, but they aren’t the ones taking on the risk.”.

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Appraisal Appraisal Process Valuation Renovations 363

Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. JB: We just approved a brand new training department for VA. We’re really excited about building this training team out and hiring a contractor to help us put together the materials.

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Modernization Appraisal Process Appraisal Training 336

Housing Wire

MAY 23, 2023

We often hear the statistic that the average appraiser is a 57-year-old white male. To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. Johnson said.

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Technology Appraisal Lending Valuation 347

Housing Wire

OCTOBER 29, 2021

In addition to driving sustainable homeownership, we’re working with our partners to root out bias in the residential appraisal process. We need new, diverse talent to join the appraiser industry and we’re hopeful that these scholarships will help pave the way.”. This content is exclusively for HW+ members.

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Appraisal Appraisal Process Training Lending 306

Appraisal Buzz

NOVEMBER 11, 2024

As the Program Director at ACI, I lead the charge in developing and refining our tech-driven solutions, focusing on advanced data management systems and compliance tools that are designed to streamline appraisal processes and help appraisers meet and exceed today’s industry standards with ease and confidence.

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Modernization Appraisal Technology Tools 322

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

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

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Appraisal Process Appraisal Modernization Training 78

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Really, appraisers have always thought this way. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

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Appraisal Design Lending Technology 397

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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Valuation Property Appraisal Training Appraisal 91

Appraisal Partners Blog

JANUARY 10, 2025

Introduction In the real estate industry, where significant financial decisions hinge on property valuations, the importance of ethics in the appraisal profession cannot be overstated. Appraisers serve as impartial experts, tasked with providing objective opinions of value based on thorough analysis and market data.

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Valuation Real Estate Appraisal Legal 78

Housing Wire

APRIL 27, 2021

In many of those reviewed, there is a strong desire to keep appraisals and appraisers as key components of the mortgage lending process. A desire to see the collateral analysis and valuation process evolve, modernize, and move forward—whatever term you prefer.

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Modernization Appraisal HOA Valuation 226

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals? The Risk of Hybrid Appraisals.

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Appraisal Inspection Appraisal Process Valuation 135

Appraisal Buzz

AUGUST 12, 2024

Appraisers will have the opportunity to evaluate and choose from a range of software solutions, potentially switching from long-standing vendors to new entrants offering innovative features. When selecting software, appraisers should consider flexibility, efficiency, and support.

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Appraisal Inspection Lending Training 370

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process. Happy appraising!

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Appraisal Appraisal Process Buyers Legal 158

Appraisal Partners Blog

JANUARY 12, 2025

From digital data collection to sophisticated analytical software, technology is reshaping how appraisals are conducted, impacting both the speed and accuracy of valuations. Its important to understand how technology is impacting the industry, and to see how its creating a more efficient and accurate valuation process.

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Modernization Technology Appraisal Valuation 78

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What are some of the benefits of desktop appraisals? or its subsidiaries.

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Valuation Appraisal Inspection Appraisal Process 66

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? This valuation is crucial for a multitude of reasons.

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Appraisal Inspection Valuation Appraisal Process 78

Appraiserblogs

SEPTEMBER 20, 2021

It goes without saying that bifurcated hybrid appraisals are uniformly performed by very low paid, with third level writing skills, untrained property ‘inspectors’ using a checklist – but with no appraisal training and skill. Who’s REALLY completing bifurcated/hybrid appraisal reports?

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