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CAPE Analytics launches new AI-powered, automated property condition report tool 

Housing Wire

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

With these tools, lenders are poised to see “shorter loan cycle times, lower consumer costs, and an improved borrower experience,” the company said in a statement. During the last refi boom, some appraisers were scheduling inspections as far as four to six weeks out, which was slowing down the entire loan transaction.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

My frustration centered on the mundane tasks such as setting up files, data entry and getting the data into the analytical tools used to develop and support adjustments. My solution was to hire and train a few folks that could help me develop and support my workflow and processes. The Problem with Trainees. But that is the reality.

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Preserving the American Dream

Appraisal Buzz

In 2018, Fannie Mae launched its Pre-Foreclosure Property Preservation Program, offering mortgage servicers the opportunity for Fannie Mae to handle the management of inspection and preservation activities on delinquent loans secured by vacant properties. We are exploring batching inspections. How is AI impacting the sector?

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics. Property data collection consists of a complete interior and exterior inspection of the subject property. More recently, Fannie Mae launched a similar solution.

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The risks and benefits of non-traditional appraisal methods

Housing Wire

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. AA: The past year saw a rapid evolution in appraisal management technology.

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Still Using a Clipboard and a Tape Measure? Get an Inside Look at Tech-Enabled Valuation Solutions

Appraisal Buzz

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Join us for our upcoming webinar, “ Still Using a Clipboard and a Tape Measure?

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