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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? What is Collaborative Valuation? The old idea that many hands make lighter work. Can it be abused?

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ClearValue Consulting and Restb.ai Join Forces to Revolutionize Appraisal Review with Advanced AI Integration

Appraisal Buzz

Dallas, TX – October 31, 2024 – ClearValue Consulting , a leading provider of innovative solutions in the valuation industry, today announced a strategic partnership with Restb.ai to integrate its advanced computer vision technology into ClearValue’s comprehensive valuation review platform, Certainty. About Restb.ai

Appraisal 332
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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. Freddie Mac’s appraisal modernization strategy With these challenges in mind, Freddie Mac continues to work on modernizing the appraisal process for lenders that deliver loans to Freddie Mac.

Valuation 369
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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

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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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.

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Understanding the Reinstatement of Beneficial Ownership Information Reporting and Its Impact on Real Estate Appraisers

Appraisal Buzz

In recent developments, the Financial Crimes Enforcement Network (FinCEN) has reinstated the Beneficial Ownership Information Reporting (BOIR) requirements under the Corporate Transparency Act (CTA). What Is the Beneficial Ownership Information Reporting (BOIR)? LLCs, corporations, partnerships,etc.,