Housing Wire

APRIL 30, 2022

With first hand knowledge of how complex and time consuming appraisals can be, Reggora is motivated to streamline and modernize the process, benefiting appraisers, lenders and buyers themselves. While Reggora focuses on the future of appraisal and valuation, the founders understand that the best tech isn’t rushed.

Modernization 291

Modernization Appraisal Appraisal Process Valuation 291

Housing Wire

AUGUST 26, 2021

According to a press release, this modernization initiative will provide ICE’s customers with the ability to automate the ordering of CoreLogic services natively through the workflow automation within Encompass. How technology can help underwriters work more productively.

Technology 411

Technology Mortgage Modernization Valuation 411

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. SW: How is Class Valuation leveraging AI? How is Class Valuation rising to that challenge?

Appraisal 431

Appraisal Technology Modernization Real Estate Agent 431

Appraisal Buzz

MAY 2, 2024

Danielle Walker has been promoted to senior vice president, business development, at Xactus. Previously she served as vice president, product development. Danielle will continue to play a pivotal role in helping Xactus advance the modern mortgage.”

Development 195

Development Business Valuation Modernization 195

Housing Wire

FEBRUARY 5, 2024

TTV Capital , Moderne Ventures , Erez Capital and other venture capital firms led the round of investment. With this capital infusion, the company aims to accelerate its product development, grow its team and pursue market penetration with real estate brokerages, MLS associations and other proptech companies nationwide. “We

Real Estate Agent 363

Real Estate Agent Real Estate Valuation Modernization 363

Appraisal Buzz

NOVEMBER 3, 2021

The Collateral Risk Network (CRN) announced today its formal endorsement of the gross living area measuring standard developed by the National Association of Home Builders (NAHB). Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. Technology impacts.

Valuation 370

Valuation Development Technology Appraisal 370

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. The post Clear Capital Further Modernizes the Appraisal Process with ClearPhoto appeared first on Appraisal Buzz. At a time when the.

Appraisal Process 195

Appraisal Process Modernization Appraisal Valuation 195

Housing Wire

OCTOBER 18, 2022

Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S. Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets.

Valuation 366

Valuation Modernization Real Estate Appraisal 366

Appraisal Buzz

DECEMBER 6, 2021

Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation. With the acquisition, Class Valuation is looking to deliver a completely digitized appraisal process. In addition, AMCs have been investing heavily in R&D. . .

Appraisal 448

Appraisal Appraisal Process Valuation Technology 448

Housing Wire

JANUARY 25, 2023

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. We looked at this as not just an adjustment to the current market climate, but also looking at the current shift that’s happening in the valuation industry.

Valuation 389

Valuation Technology Modernization Appraisal 389

Appraisal Buzz

SEPTEMBER 19, 2022

Valuation Expo 2022 at the Mirage Hotel in Las Vegas was a record-breaking success! With our highest numbers recorded for attendance in the last 10 years, Valuation Expo provided everyone with the connections they wanted and need to build their business. Class Valuation and Clear Capital were our platinum sponsors.

Valuation 39

Valuation Appraisal Business Housing Market 39

Appraisal Buzz

OCTOBER 10, 2022

I have weathered seasons marred by valuation professionals whose malfeasance adversely impacted the economy and society. The future of the valuation profession is not certain to me. Technological advances suggest we need to move toward automated valuation models that churn data through automated algorithms to produce valuations.

Valuation 74

Valuation Tools Development Technology 74

Housing Wire

MAY 23, 2022

The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together. A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The policy now expires on December 31, 2022.

Law 411

Law Appraisal Modernization Appraisal Process 411

Housing Wire

AUGUST 2, 2024

Gromowski, the company’s head of data science, and Singh, the vice president of GenAI property insights, discussed the importance of data in the development of artificial intelligence and offered advice for companies that wish to integrate AI into their business processes.

Real Estate 391

Real Estate Clients Tools Development 391

Housing Wire

SEPTEMBER 13, 2024

We are moving forward with our progress on the top goals in our Strategic Plan to modernize our education delivery and development of new materials and continue to modernize technology and offer the programs we’ve heard are most valuable for you. According to the group’s own statistics , 78% of U.S. identify as Black and 4.3%

Appraisal 347

Appraisal Modernization Government Valuation 347

Appraisal Buzz

NOVEMBER 29, 2021

Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) As a real estate developer, prior to entering the field, I always costed out my projects for profitability.

Valuation 370

Valuation Supply Chain Bracketing Appraisal 370

Appraisal Buzz

OCTOBER 28, 2024

Modern tools can now compile and analyze vast datasets, providing appraisers with more accurate and comprehensive information than ever before. While many tech firms develop emerging technologies with a narrow focus, AMCs can bring a more collaborative approach that holistically looks to solve customer needs in collateral risk.

Appraisal 363

Appraisal Modernization Technology Appraisal Process 363

Housing Wire

MAY 2, 2021

Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states. NAN’s valuation solutions give lenders the chance to evaluate, select and manage appraisers based on their quality and performance.

Valuation 195

Valuation Appraisal Appraisal Process Technology 195

Appraisal Buzz

DECEMBER 27, 2021

Thus, the FHFA will likely have to develop a set of best practices in the coming years to prevent these snags and protect you and lenders. Shifting Toward Modernization. In response, the FHFA is looking to modernize the appraisal process to ensure more streamlined and accurate valuations.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Appraiserblogs

MARCH 7, 2024

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. It’s time to grab your popcorn and… The post Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? appeared on Appraisers Blogs.

Modernization 145

Modernization Appraisal Valuation Appraisal Process 145

Housing Wire

SEPTEMBER 27, 2024

Department of Housing and Urban Development ’s (HUD) reliance on its legacy appraisal processing system, the Loan Application Management System,” FHA said in an informational notice. The agency cited a need to take a closer look at the development and implementation of this part of the platform to streamline its efficiency.

Appraisal 312

Appraisal Modernization Appraisal Process Development 312

Housing Wire

MARCH 23, 2021

This scarcity catapulted appraisal costs and cycle-times running into three to four weeks in many cases and highlighted the growing need for appraisal modernization, including technological and data-driven solutions and other appraisal alternatives. HW: How does ValueLink technology modernize the appraisal practices?

Appraisal 304

Appraisal Valuation Inspection Modernization 304

Appraisal Buzz

JULY 8, 2024

We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection). Next gen appraisers Several white papers have been developed on the declining number of appraisers dating back to 2011. Some of these have been around for many years.

Modernization 367

Modernization Inspection Appraisal Technology 367

Housing Wire

APRIL 20, 2021

.” From the Mortgage Bankers Association (MBA): “While MBA supports the ongoing development of such tools, MBA also acknowledges the need for appraisers and lenders to provide some level of oversight and due diligence to preserve the overall quality of the data referenced in future valuations.

Technology 405

Technology Appraisal Valuation Lending 405

Appraisal Buzz

NOVEMBER 18, 2024

Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. The Developer’s Dilemma To illustrate the current challenges, let’s consider a hypothetical developer, Dave. Diminished Development Capacity: As developers struggle, new construction grinds to a halt.

Development 335

Development Finance Real Estate Housing Market 335

Appraisal Buzz

FEBRUARY 7, 2022

The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. Inspection relief was successful as lenders and appraisers developed appropriate processes. Lenders rely on regulation and policy.

Appraisal 435

Appraisal Inspection Development Technology 435

Appraisal Buzz

OCTOBER 14, 2024

But being an appraiser today brings risks and rewards, making the accuracy of property valuations and quality control not just a priority but a necessity. By leveraging the power of computer vision, they are developing scalable processes that incorporate best practices and objective third-party data to arrive at more accurate valuations.

Valuation 368

Valuation Renovations Technology Appraisal 368

Housing Wire

APRIL 30, 2022

To support lenders and appraisers in meeting these new desktop appraisal guidelines, Clear Capital has developed two new desktop appraisal solutions, Desktop Appraisal and Desktop Data Collection, which launched April 5. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor.

Appraisal 318

Appraisal Valuation Technology Real Estate 318

Housing Wire

JANUARY 25, 2022

This will range from the technology used to conduct home appraisals and valuations, as well as the technology that lenders and appraisal vendors use to manage their operational workflows. For lenders who currently utilize a modern appraisal platform, they are looking to enhance the amount of communication between their LOS/POS and their AMS.

Technology 300

Technology Appraisal Modernization Valuation 300

Appraisal Buzz

APRIL 8, 2024

As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Lack of Transparency: Traditional appraisal methods often lack a clear audit trail, making it difficult to trace back decisions or valuations.

Technology 418

Technology Appraisal Valuation Supply Chain 418

Housing Wire

AUGUST 25, 2021

Since 2018, MISMO has been developing a modern, standardized data set to facilitate the electronic exchange of information to the credit rating agencies that analyze risks in mortgage assets. I am pleased to announce that MISMO will soon make this new standard available for public comment.

Marketing 411

Marketing Development Investors Finance 411

Housing Wire

DECEMBER 1, 2020

Jeff Allen brings more than 15 years of real estate valuation, data and analytics experience to the Clear Capital executive leadership team. Jeff Allen, Executive Vice President, Innovation Labs , Clear Capital.

Valuation 250

Valuation Real Estate Modernization Appraisal Process 250

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Valuation 235

Valuation Technology Real Estate Development 235

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. There are hundreds of companies that help with various parts of the transaction and process “supply chain,” from search and valuation to closing, from appraisal to title, from targeting to closing.

Supply Chain 355

Supply Chain Finance Development Modernization 355

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 341

Appraisal Modernization Appraisal Process Technology 341

George Dell

OCTOBER 20, 2021

Does modernized appraisal require a modernized report? And how about non-appraiser appraisals (valuations)? In the past, our thinking, expectations, laws and regulations, have separated the development of an appraisal from the report of an appraisal. Here we use the word ‘appraisal’ in its generic public meaning.)

Modernization 195

Modernization Law Valuation Appraisal 195

Housing Wire

MAY 2, 2022

It is an alternative appraisal method that is essentially a compromise between an automated valuation model (AVM), entirely done by software, and a traditional appraisal. The webinar was attended by nearly a thousand industry participants, including lenders, valuations experts and third-party fintech companies.

Appraisal 365

Appraisal Valuation Technology Inspection 365