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ICE unveils two new property valuation solutions

Housing Wire

Validate ROV allows homeowners who have questions about lender-assigned home values to submit “reconsideration of value” requests with their phones. Consumers will supplement their requests with pictures of the property.

Valuation 442
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Meet MortgagePoint’s Tech Excellence Award Recipients: Part V

Appraisal Buzz

In 2024, Veros partnered with a key government agency to develop iVALUATION, a powerful platform that streamlines Reconsideration of Value (ROV) research and property valuation analysis.

Valuation 221
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Progress now or perfect later: Improving the appraisal process

Housing Wire

Concerns of racial bias , a lack of standardization for consumers in the reconsideration of value process and unclear authority in the governance structure are all present amidst increased requests from lenders for a more efficient process that provides value certainty sooner.

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Veros Launches iVALUATION, an Interactive Tool That Validates Property Valuations

Appraisal Buzz

iVALUATION is designed for the needs of mortgage originators, home equity lenders, appraisal reviewers, investors, and a wide array of other housing finance professionals and is particularly helpful for navigating the complexities of Reconsideration of Value (ROV) claims processes.

Valuation 195
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A View on Risk: Desktop Appraisals

Appraisal Buzz

The lender/appraiser ecosystem over time has adapted processes and technologies to achieve appraisal development and reporting that meets regulatory, agency, and investor requirements, as well as meeting the needs of individualized lender risk appetites. Lenders rely on regulation and policy. Operational and Reputational Risk Implications.

Appraisal 435
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Editorial Advisory Board Outlook: Insights From Economist, GSEs

Appraisal Buzz

The interest rate increases of the past few years, for example, have impacted borrowers’ ability to obtain new credit and investors’ cost of funding and loss mitigation. Other solutions are needed to continue reducing these transactions’ risks for servicers and investors.

Appraisal 221
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Appraisers: How to Manage Your Emails

Appraisal Today

It will be an investor looking to buy and do a [vacation rental] because of its proximity to the airport,” she says. Comps??? == Reconsiderations of Value and What to Do About Them By Danielle Lopez This reconsideration of value has already set me back 30 minutes.