Appraisal Buzz

NOVEMBER 1, 2024

This new partnership helps revolutionize the appraisal review process by increasing efficiency, reducing costs and improving overall quality control. Our goal has always been to provide clients with the most advanced, efficient and reliable tools available,” said Don Juhl, CEO & co-founder of ClearValue Consulting. “Our

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Appraisal Buzz

DECEMBER 9, 2024

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process.

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Housing Wire

MARCH 31, 2025

An open, fair, transparent, and comprehensive marketplace benefits all market participants, including sellers, buyers, brokers, and appraisers. Northwest MLS strongly believes that consumers should have access to all property listings and that sellers are entitled to the benefit of exposure of their property to the full marketplace.

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Appraisal Buzz

MARCH 17, 2025

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! But since then, I’ve come to appreciate relocation appraisals. In this article, Ill tell you why.

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Housing Wire

NOVEMBER 11, 2024

It includes no appraisal and no income documentation requirements. To further speed up the process, Better is encouraging prospective clients to use its AI loan assistant, Betsy, for 24/7 support on questions. Better is now offering the well-known Interest Rate Reduction Refinance Loan (IRRRL) through the U.S.

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Housing Wire

MARCH 31, 2025

trillion, spread across nearly 10 million clients. Coopers nearly 7 million clients. Rocket said the the transaction is expected to generate $100 million in additional pre-tax revenue from higher recapture rates and attaching its title, closing and appraisal services to Mr. Coopers existing originations.

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Appraisal Buzz

MARCH 31, 2025

trillion across nearly 10 million clients, or one in every six mortgages in America. We look forward to welcoming Mr. Coopers nearly seven million clients. Following the acquisition of Mr. Cooper, Rocket will gain understanding of nearly seven million additional clients and 150 million annual customer interactions.

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Appraisal Buzz

MARCH 24, 2025

The solution The post Prudent AIs Lender Clients Report Gaining Operational Efficiencies first appeared on Appraisal Buzz. The firm claims to speed processing time by 70%, as AI handles data extraction and calculation.

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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?

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Appraisal Buzz

OCTOBER 29, 2024

In the competitive landscape of real estate, leveraging advanced tools and services can significantly impact an agent’s ability to maximize revenue opportunities for themselves and their clients. Satisfied clients are more likely to return for future transactions and provide referrals, expanding an agent’s client base and revenue potential.

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Housing Wire

MAY 14, 2024

Atlas VMS , the appraisal and valuation company led by Erik Morin , announced this week the appointment of Joe Pravettone as chief appraiser. In 2017, he became chief appraiser for longtime reverse mortgage industry leader American Advisors Group (AAG), a position he held until the end of 2022.

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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.

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Housing Wire

NOVEMBER 1, 2023

Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services , an appraisal management company (AMC). Voxtur primarily serves real estate finance providers and specializes in broker-price opinions (BPOs), alternative valuation methods and traditional appraisals.

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Appraiserblogs

MARCH 27, 2025

Impersonating an Appraiser – The Costly Consequences of Playing Dress-Up in Real Estate. Being an appraiser isn’t for the faint of heart. There are times when you have to stand your ground, even when clients plead with you to sway the value. Sometimes, the market tells a story thats not what people want to hear.

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Housing Wire

DECEMBER 5, 2024

Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the company accountable for the actions of an independent appraiser in a 2021 case. We cannot affect or influence the appraised value — there has to be independence that goes all the way back to the Dodd-Frank Act. “For

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Appraisal Buzz

FEBRUARY 6, 2025

The post Freddie Mac Recognizes Top-Performing Mortgage Servicers appeared first on Appraisal Buzz. We thank our servicers for their continued, steadfast dedication to homeowners in need of mortgage relief, including those impacted by hardships from natural disasters in the last year.

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Appraisal Buzz

MARCH 5, 2025

Kortney Lane-Schafers has been promoted to vice president of growth and client advocacy at Mobility Market Intelligence (MMI), which offers data intelligence and market insight tools for the mortgage and real estate industries.

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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?

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Appraisal Buzz

FEBRUARY 24, 2025

In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property.

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Appraisal Buzz

NOVEMBER 25, 2024

According to a new survey from the National Association of Realtors (NAR), in 2024, Realtors indicated that their recent clients choose to move to a certain area mostly to acquire more home for the money (21%), and to be closer to family and friends (30%). While the U.S.

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Realtors Clients Buyers Investing 370

Housing Wire

NOVEMBER 1, 2023

The senior data scientist at appraisal tech startup True Footage previously worked at REX , a mostly defunct discount brokerage that charged seller fees as low as 2.5% Actions since NAR banned mandatory and recommended fee schedules in 1961 and 1971, respectively, have often focused on allegations of agents steering clients.

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Housing Wire

APRIL 3, 2025

Restb.ais AI solutions allow us to validate property condition and quality more consistently to improve BPO accuracy, giving our clients greater confidence in every price opinion we deliver. At AssetVal, weve built our reputation on delivering high-quality valuations and BPOs are no exception, said Tami Rund, CEO of AssetVal.

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Housing Wire

APRIL 18, 2024

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.

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Appraisal Buzz

SEPTEMBER 16, 2024

Imagine completing your appraisals in less time, with twice the accuracy, and opening doors to new lucrative markets—that’s the power of AI in the appraisal industry. Artificial intelligence is revolutionizing the appraisal industry, dramatically enhancing productivity, accuracy, and revenue streams.

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Housing Wire

MARCH 24, 2023

When you google “ appraisal gap” — and I just did — a long list of search results appear. What I did see were links to lender websites almost apologetically explaining what an appraisal gap is to their customers and willing them not to panic if it happens to them. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Valuation Tools 476

Housing Wire

AUGUST 23, 2024

Jaro is the only end-to-end appraisal platform on the market that is painstakingly designed for lender and AMC workflows to serve every party in the valuation process. The platform’s integrations are highly adaptable, offering a wide range of options to meet needs across the appraisal space.

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Appraisal Valuation Tools Technology 448

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 467

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

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Appraisal Buzz

FEBRUARY 3, 2025

In 1986, five years after the launch of the first space shuttle, Fannie Mae and Freddie Mac introduced the Uniform Residential Appraisal Report (URAR) form. Residential appraisers still use this form, albeit with some minor modifications, to this day. These alterations align more closely with appraisal methodology.

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Appraisal Buzz

JUNE 17, 2024

As the dust begins to settle on this $418 million agreement, it is crucial for appraisers to recognize the vast opportunities now available to them. This self-reflection is essential, not only for agents but also for appraisers who can capitalize on the shifting dynamics.

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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.

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Housing Wire

JANUARY 30, 2025

Such quality concerns could be keeping some baby boomer clients from moving into newly constructed homes, Cook said. If that client is not planning to move or plans to age in place, thats a deeply personal thing. I think they’re more or less sitting on what they have, or buying that 20- to 30-year-old home.

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Housing Wire

JULY 22, 2024

Last April, Erik Morin made a return to the reverse mortgage valuation space by joining appraisal and valuation company Atlas VMS. The wider appraisal industry itself is preparing for new appraisal forms, which should be introduced next year. “The The way we manage our appraisal process is different,” he said. “We

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Housing Wire

NOVEMBER 30, 2023

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: How are appraisers adapting to some of these challenges, including new rules on valuations from the GSEs?

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Appraisal Buzz

FEBRUARY 27, 2025

platform, Atlas serves as a virtual capital markets expert and educational resource for MCTs mortgage lender clients. It offers clients instant access to expert knowledge, paving the way for future AI-driven workflows that will save clients time and improve their financial performance.

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Appraisal Buzz

DECEMBER 23, 2024

By assessing potential limitations upfront, I can inform my clients of any obstacles that may affect the operation, such as restricted zones, weather conditions, or Temporary Flight Restrictions (TFRs) that may arise. The post Flying Safely as a Remote Pilot: Key Practices for Success appeared first on Appraisal Buzz.

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Appraisal Buzz

MARCH 10, 2025

In addition, Rocket expects more than $60 million in revenue synergies from pairing the companys financing clients with Redfin real estate agents, and from driving clients working with Redfin agents to Rockets mortgage, title and servicing offerings. The post Rocket to Purchase Redfin for $1.75B appeared first on Appraisal Buzz.

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