Remove Logistics Remove Modernization Remove Valuation
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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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Why is now the time for lenders to modernize their appraisal processes

Housing Wire

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. . Appraisal modernization assists with those tasks to create additional market capacity.

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What role does appraisal tech have in creating customers for life?

Housing Wire

As everything continues to accelerate and the FHFA considers making widespread changes to the appraisal process, lenders need to make sure they’re working with technology vendors who are ready to respond to changing market conditions and are prepared for new approaches to valuation. The second challenge is the actual logistics.

Appraisal 418
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How will appraisal technology evolve in 2022?

Housing Wire

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.

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Best practices to speed up the appraisal process

Housing Wire

“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.

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VA official talks future of partial claims and revamping its reputation

Housing Wire

The perception of VA loans as risky and logistically complicated — even if an outdated view — continues to impact the competitiveness of the borrowers it serves. Legislation is making its way through the Senate that will modernize appraisals, in part by allowing desktop appraisals. But the VA is hoping to change that.

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Planning for a Home Renovation: A Guide

Cleveland Appraisal Blog

Flooring updates and modern landscaping can upgrade the home’s aesthetics, increasing its overall value. If you find that you need new HVAC units, your home warranty company can be an invaluable resource for managing the cost and logistics of HVAC replacement.