Housing Wire

FEBRUARY 24, 2023

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. Another common theme is reducing the amount of subjectivity within the appraisal forms and data standard.

Appraisal Process 396

Appraisal Process Appraisal Reconsideration of Value Valuation 396

Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire: What’s the biggest pain point appraisers are currently facing?

Housing Market 545

Housing Market Appraisal Appraisal Process Marketing 545

Housing Wire

FEBRUARY 18, 2022

Fannie Mae recently announced that it will begin to “include a desktop appraisal option in Desktop Underwriter beginning March 19, 2022. Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. Geography plays a large role in real estate valuation.

Appraisal Process 397

Appraisal Process Appraisal Valuation Renovations 397

Appraisal Buzz

APRIL 9, 2025

Class Valuation , a national real estate appraisal management company (AMC), is acquiring Appraisal Nation , a Cary, North Carolina-based AMC specializing in valuation solutions for the private lending market. The post Class Valuation Acquires Appraisal Nation appeared first on MortgageOrb.

Valuation 195

Valuation Appraisal Lending Modernization 195

Housing Wire

JULY 9, 2021

The news is filled with talk of real estate. real estate market, matters are of course more complex than mere narratives, but we do all know that constant hype adds to the buoyancy of markets, which then creates more hype. residential real estate market is valued at about $40 trillion in aggregate.

Real Estate 476

Real Estate Business Valuation Technology 476

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.

Lending 465

Lending Appraisal Appraisal Process Valuation 465

Housing Wire

JANUARY 3, 2022

Appraisal management company Clear Capital , in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product , ClearPhoto. Permanent desktop appraisals are a win for everyone – here’s why. Presented by: Accurate Group.

Tools 459

Tools Appraisal Appraisal Process Real Estate 459

Housing Wire

JULY 17, 2024

A newly released episode of the Real Estate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug.

Real Estate 458

Real Estate Sellers Buyers Legal Fees 458

Housing Wire

JANUARY 12, 2021

Appraisal software company Reggora today announced the completion of a $30 million Series B funding round, led by returning investor Spark Capital. “The appraisal industry is ready for innovation, and we are excited to be at the forefront of those efforts,” Zitin said. The tech solution giving community lenders an advantage.

Appraisal 470

Appraisal Real Estate Agent Real Estate Technology 470

Housing Wire

DECEMBER 28, 2020

The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. The Request for Input (RFI) – open to comment until Feb.

Appraisal 482

Appraisal Valuation Modernization Appraisal Process 482

Housing Wire

JUNE 9, 2023

The proposed guidance advises on policies that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal ,” the announcement states.

Real Estate 397

Real Estate Reconsideration of Value Valuation Law 397

Housing Wire

SEPTEMBER 9, 2021

United Wholesale Mortgage (UWM) announced today that it will no longer require its brokers to use appraisal management companies to complete appraisals. During a Facebook Live address, Ishbia proclaimed that while AMCs add value to the industry, appraisals have been a stumbling block for the mortgage industry.

Appraisal 476

Appraisal Valuation Appraisal Process Contracts 476

Housing Wire

JUNE 25, 2024

Home appraisals are critical to the home buying and selling process. But that’s not all a home appraisal can do. Let’s take a closer look at appraisals, what they mean for a sale, and how to leverage the results to get your clients the best price possible. What is the purpose of a home appraisal?

Appraisal 396

Appraisal Sellers Real Estate Agent Appraisal Process 396

Appraisal Buzz

APRIL 2, 2025

New ACI Sky Workbench Platform is Designed to Modernize Appraisal Processes SANTA ANA, Calif. By streamlining workflows, reducing inefficiencies and enhancing compliance with evolving GSE standards, Workbench is set to empower appraisers to deliver faster, more accurate reports with ease.

Appraisal 150

Appraisal Valuation Appraisal Process Modernization 150

Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

Appraisal 448

Appraisal Appraisal Process Valuation Technology 448

Housing Wire

AUGUST 25, 2022

With recent developments from Fannie Mae and Freddie Mac to pursue a more digital appraisal process that could both speed up the process and remove any unconscious bias from it, it is important for industry professionals across the space to stay at the top of their game. Appraisal Modernization: What’s the end game?”

Appraisal 418

Appraisal Modernization Appraisal Process Technology 418

Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

Modernization 418

Modernization Appraisal Real Estate Valuation 418

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. She recently had a deal fall apart due to appraisal.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Appraisal Buzz

JUNE 26, 2024

A proper home appraisal is essential whether purchasing or selling a property. This appraisal is used by mortgage lenders to calculate the maximum amount they will lend on a property. Computer models have been used by participants in the mortgage and real estate industries over the years to determine the worth of a property.

Appraisal 391

Appraisal Tools Appraisal Process Real Estate 391

Housing Wire

MARCH 10, 2025

HomeVision , a collateral underwriting and appraisal review platform, has partnered with artificial intelligence (AI) firm Restb.ai to integrate computer vision technology into real estate valuation processes. Key features include: Discrepancy detection: AI compares property images with appraisal data to verify accuracy.

Valuation 221

Valuation Tools Technology Appraisal 221

Housing Wire

MARCH 1, 2023

Opteon , a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. “Our impending technology rollout will enable appraisers to deliver reports straight from the field,” Trice said. .

Appraisal 397

Appraisal Valuation Technology Real Estate 397

Housing Wire

DECEMBER 7, 2023

Many Massachusetts real estate schools offer online courses. After completing an approved course of study, you’ll be able to sit the state real estate exam. Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

Real Estate 434

Real Estate Real Estate Agent Law Brokerage 434

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. Everybody is affected by the appraisal process.

Appraisal 448

Appraisal Technology Modernization Real Estate Agent 448

Housing Wire

JUNE 22, 2023

Appraisal Insights , an appraisal education company committed to eradicating bias, announced its official launch this week. The goal is to quip key stakeholders and decision-makers in the housing industry with the knowledge necessary for preventing bias and enhancing the quality and integrity of real estate appraisals.

Appraisal 370

Appraisal Real Estate Design Tools 370

Housing Wire

JANUARY 26, 2022

For the next two months, United Wholesale Mortgage (UWM) will credit borrowers up to $600 for their appraisal costs, the lender said in a statement Wednesday. This tool will save homebuyers a lot of money and make the homebuying experience better for consumers and real estate agents alike.”. Sponsored Video.

Appraisal 397

Appraisal Real Estate Agent Real Estate Appraisal Process 397

Housing Wire

OCTOBER 27, 2021

Between a pandemic and record-breaking origination volume, the appraisal industry has never had to be as nimble as it is now. In an effort to keep homeowners safe while also still providing quality valuations, appraisers have been leaning heavily on technology for the past year and a half. appeared first on HousingWire.

Appraisal 418

Appraisal Technology Appraisal Process Valuation 418

Appraisal Buzz

APRIL 8, 2024

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?

Technology 418

Technology Appraisal Valuation Supply Chain 418

Housing Wire

AUGUST 14, 2023

Appraisal modernization is generating a lot of buzz in the real estate lending industry. Expanded use of desktop appraisal technology began out of necessity during the COVID-19 pandemic. However, is appraisal modernization on its own enough? However, is appraisal modernization on its own enough?

Modernization 370

Modernization Appraisal Technology Appraisal Process 370

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. Global DMS knew there was a better way for lenders to have a workflow that truly worked for them. PRODUCT: EVO.

Appraisal 397

Appraisal Training Real Estate Design 397

Appraisal Buzz

DECEMBER 17, 2021

Clear Capital , a national real estate valuation technology company, has announced ClearPhoto, a set of AI-driven rules built into the company’s ClearCollateral Review solution. This new innovation automates the review of property photos, ensuring they are aligned with the appraisal data and sketch. At a time when the.

Appraisal Process 195

Appraisal Process Modernization Appraisal Valuation 195

Housing Wire

OCTOBER 20, 2021

Less than one month after launching operations , the private holding group StoicLane – the backers of Interfirst Mortgage – has acquired control of the appraisal management company Lender’s Valuation Services (LVS). The company was founded by mortgage professionals and appraisers that “witnessed the collapse of the mortgage industry.”

Appraisal 370

Appraisal Valuation Appraisal Process Finance 370

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Made to order.

Appraisal 435

Appraisal Inspection Real Estate Agent Training 435

Appraisal Buzz

MARCH 24, 2025

Measuring and analyzing changes in market conditions are critical and fundamental elements in real estate appraisal. This is simply because such a value conclusion has as its base a specific date in time, the effective date of appraisal. However, this raises the question of which time period should the appraiser measure?

Contracts 284

Contracts Appraisal Real Estate Marketing 284

Housing Wire

MARCH 31, 2022

Congress hopes to supplant the appraisal governing body at the center of the industry’s self-regulated framework and make public the trove of appraisal data held by the government-sponsored enterprises. The registry would also track whether an appraiser had completed the minimum required fair housing training.

Appraisal 448

Appraisal Valuation Training Government 448

Appraisal Buzz

DECEMBER 16, 2024

I was coaching an appraiser a while back who, like so many of us, desperately needed a vacation. I can carve out a couple of hours each day to stay on top of my appraisals. I can carve out a couple of hours each day to stay on top of my appraisals. But heres the catch: he wasnt planning on leaving his work behind.

Business 332

Business Training Appraisal Clients 332

Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. An appraisal is a valuation of a property by a third party.

Inspection 459

Inspection Appraisal Appraisal Process Buyers 459

Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? In other words, do appraisal gap clauses cause appraisers to be more “conservative”? An appraisal gap clause can be written into a contract. Okay, maybe not.

Appraisal 402

Appraisal Market Value Contracts Buyers 402