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Appraisal modernization: What is going on with the forms?

Housing Wire

Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.

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CRMLS releases REcenterhub dashboard

Housing Wire

The dashboard presents a modernized user interface and offers customization options for both users and associations. “We are confident that fully transitioning to this new dashboard, custom-built by CRMLS, is a major step towards modernizing how users interact with their MLS.

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The holistic approach: A paradigm shift for quality control in mortgage lending

Housing Wire

In the modern mortgage landscape, quality control (QC) stands as a critical pillar supporting the industry’s integrity and stability. Seasonal lulls as QC enhancement opportunities The cyclical mortgage industry presents challenges and opportunities for QC improvement.

Lending 459
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The hybrid appraisal is here. Who benefits?

Housing Wire

Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias. Presented by: Reggora. The State of Appraisals in 2022.

Appraisal 435
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How AI and a changing rental market will shape property management in 2024

Housing Wire

While these factors will force property managers to evolve, they also present valuable opportunities to experiment with emerging operational models and new resident offerings. AI can also help close the gap with entry-level talent by reducing the amount of training needed to get started in a role.

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HUD counselors offer new guidance on reverse mortgage programs

Housing Wire

The revisions also contained specific guidance for counselors related to the HECM for Purchase (H4P) program, as well as qualifying “mystery shopping” — in which “trained personnel act as prospective clients” — as a “potential agency quality control method.” This is a priority for us.

Mortgage 466
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Clear Capital acquires Finnish digital floor plan firm

Housing Wire

The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. Presented by: Incenter. How do remote valuation solutions benefit appraisers?

Valuation 397