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HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?
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? Many stakeholders in the profession have given their opinions on what that means.
They give you the ability to scale the amount of appraisals you can do with the current appraiser population that you have, and that’s an important part of all the modernization initiatives that have been going on,” said Scot Rose, chief innovation officer at Class Valuation. But what if we want to close even faster?
We could soon be in a position where the majority of home inspections (including measurements, photos, etc.) 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. The second are streamlined integrations.
Faster Approvals: Use an electronic signature form to authorize repairs and inspections instantly. GoFormz allows maintenance teams to quickly document inspections, track repairs, and create digital logs for compliance. Transportation & Logistics Fleet maintenance is critical for avoiding delays and ensuring safety.
Digital forms and solutions are critical for modern transportation teams Transportation is a tough job, and the industry is approaching its toughest week of the year: International Roadcheck. This is a 72-hour event with increased inspections all throughout North America. Is your transportation team ready?
From simple order forms to comprehensive inspection checklists, a digital form builder empowers organizations to create dynamic forms that cater to their unique workflows. Electronic signatures offer a modern alternative, allowing field personnel to capture signatures digitally using their mobile devices.
As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan. Not only that, but you want those transit links to be modern, well funded, and in high use. Otherwise, the proximity to these transit connections would be useless.
Industrial and Warehouses: Manufacturing facilities, distribution centers, and logistics hubs. Investors who stay ahead of these disruptions can spot new opportunities in logistics, mixed-use developments, and flexible office spaces. Financing Requirements: Lenders often demand certain inspections (e.g.,
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