Appraisal Buzz

JULY 8, 2024

We have seen new ways of creating the same product, new technologies, new consumer preferences – the demands of time and money have hastened these changes. We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection).

Modernization 367

Modernization Inspection Appraisal Technology 367

Housing Wire

APRIL 27, 2021

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.

Modernization 297

Modernization Appraisal HOA Valuation 297

Housing Wire

AUGUST 28, 2024

With the rapid improvement of AI technology coinciding with the business practice changes outlined in the NAR settlement, many in the proptech industry believe now is the right time for the rise of the AI agent. But unlike reAlpha, Modern Realty is much newer, having officially launched only three months ago. and even worldwide.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

MAY 10, 2023

Real estate valuation technology company Clear Capital announced on Wednesday that it has expanded its partnership with ValueLink , a valuation management platform, to offer better support for appraisal modernization policy changes. Clear Capital is a national real-estate valuation technology company.

Valuation 396

Valuation Modernization Technology Appraisal 396

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. While the industry as a whole has been adopting new technology , the appraisal process has remained relatively unchanged — right down to the forms used to complete them. If we can check those boxes, we succeed.

Valuation 364

Valuation Modernization Training Appraisal Process 364

Housing Wire

OCTOBER 28, 2024

This is also precisely when technology can play a crucial role in helping agents, teams and brokerages transcend short-term hurdles and a top of funnel focus. One of the biggest challenges I continue to hear from brokers regarding technology is poor user and feature adoption.

Business 438

Business Real Estate Technology Brokerage 438

Appraisal Buzz

AUGUST 21, 2024

Gamble on uncertain revenues and invest in modern technology to manage the anticipated volume? The options of chasing expensive technology or risking operational challenges by standing pat are not the only choices for default servicers. What’s a servicer to do?

Modernization 221

Modernization Technology Human Resources Architecture 221

Housing Wire

OCTOBER 2, 2023

Appraisal Firewall X connects mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions, the company said in a release. ” Fannie Mae’s program is part of its ongoing efforts to modernize the valuation component of the mortgage industry. .

Valuation 434

Valuation Training Modernization Appraisal 434

Housing Wire

OCTOBER 29, 2024

The UPD is an interior and exterior property data collection conducted by a trained professional, recording 120 standardized property attributes, 40-60 photographs, and generation of an ANSI-compliant floor plan. The future of UPD and hybrid appraisals UPD is central to the future of appraisal modernization.

Appraisal 457

Appraisal Valuation Modernization Appraisal Process 457

Housing Wire

SEPTEMBER 13, 2024

We are moving forward with our progress on the top goals in our Strategic Plan to modernize our education delivery and development of new materials and continue to modernize technology and offer the programs we’ve heard are most valuable for you. According to the group’s own statistics , 78% of U.S. identify as Black and 4.3%

Appraisal 353

Appraisal Modernization Government Valuation 353

Housing Wire

NOVEMBER 8, 2023

Fannie Mae’s value acceptance+property data extends an appraisal waiver provided the property data is gathered by a vetted and trained third party and a floor plan is delivered to a desktop underwriter.

Valuation 411

Valuation Inspection Modernization Training 411

Housing Wire

JUNE 28, 2024

While this was once a necessary business strategy, the technology now exists to implement a much more efficient approach. The technology to do this is possible and in many cases, has even been built – it just hasn’t been properly implemented. We have the means today to shift lenders to far more efficient staffing and personnel models.

Lending 403

Lending Mortgage Technology Training 403

Housing Wire

FEBRUARY 1, 2022

Chris Knight: The shortage of appraisers is not going to be remedied without focusing on the larger issue—the lack of focus on recruiting and training new appraisers. Australians have a different appraisal training process compared to the apprenticeship model in the U.S. Since early 2020, we’ve trained more than 150 cadets.

Appraisal 370

Appraisal Training Modernization Technology 370

Appraisal Buzz

NOVEMBER 13, 2024

Servicing teams must manage shifting delinquency rates, regulatory demands that may pivot with each new administration, and ever-increasing operational costs while keeping their fingers on the pulse of the modern consumer and advancing technology. Providing guidance and support during this process will be crucial for servicers in 2025.

Mortgage 410

Mortgage Technology Clients Tools 410

Housing Wire

AUGUST 30, 2024

In this executive conversation, Laura O’Connor, President and COO of JPAR Real Estate Affiliated Network shares her insights on the role of the modern real estate professional. HW: With the rise of AI and other technologies in the industry, how can agents maintain the personal, relationship-driven aspect of their business?

Real Estate 434

Real Estate Agents Training Clients 434

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

Tools 321

Tools Training Technology Clients 321

Appraisal Buzz

SEPTEMBER 16, 2024

This AI Agent is trained on and powered by the current “FHA 4001.1 This AI Agent is trained on and powered by the latest version of the “Fannie Mae Selling Guide.” This AI Agent is trained on and powered by the latest version of the “Fannie Mae Selling Guide.”

Appraisal 363

Appraisal Training Agents Clients 363

Housing Wire

AUGUST 23, 2022

HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. The quality and accuracy of modern appraisals have proved to be on par with, or better than, the traditional process, all while reducing turn time by 5 days on average.

Appraisal 368

Appraisal Modernization Appraisal Process Technology 368

Appraisal Buzz

OCTOBER 14, 2024

Today, new technology can assist appraisers, AMCs and lenders with visual inspection, analysis, and intelligence to validate information, detect issues, and derive data-backed insights on every loan. The ratings were so significantly different that Fannie Mae now uses computer vision technology to improve its conditions ratings process.

Valuation 368

Valuation Technology Renovations Appraisal 368

Housing Wire

OCTOBER 10, 2022

We’ve right-sized areas of our business impacted the most by this volatile market, such as refinance, operations, training, and recruiting,” Lindsey LeBerth, the company’s director of communications, wrote in an email to HousingWire. “In In August, Lower announced that Honor Home Loans , founded by U.S.

Retail 418

Retail Loan Officers Modernization Training 418

Clear Capital

MAY 10, 2023

In support of the appraisal modernization policy changes, it’s imperative that we are able to provide lenders with an efficient and seamless experience,” said Kenon Chen , EVP of Strategy and Growth at Clear Capital.

Modernization 67

Modernization Appraisal Valuation Real Estate 67

Housing Wire

JANUARY 30, 2024

AI can also help close the gap with entry-level talent by reducing the amount of training needed to get started in a role. These flexible services can attract and retain a modern set of residents who are used to flexible models and digital payment options on their favorite retail sites and online banking platforms.

Property Management 458

Property Management Marketing Real Estate Technology 458

Housing Wire

SEPTEMBER 30, 2021

The platform’s mobile-first approach enables lenders to close more loans through on-the-go origination tools while also delivering the modern convenience that today’s consumers have come to expect. Additionally, virtual training and onsite training provide additional resources for a smooth implementation experience.

Real Estate Agent 395

Real Estate Agent Modernization Project Management Training 395

Clear Capital

JULY 28, 2021

Unfortunately, several myths and misconceptions around appraisal modernization persist, resulting in many within our field being unable to move forward and embrace needed change. . A primary example of one of these mistaken beliefs is that modernization efforts will diminish an appraiser’s importance.

Modernization 69

Modernization Appraisal Training Technology 69

Appraisal Buzz

JUNE 10, 2021

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. — Clario Appraisal Network, Inc., To learn more about SkillBridge, visit [link]. 201.286.2273.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

JUNE 17, 2022

Amanda Hill: Lenders see appraisal modernization as a top priority by Maria Volkova. It truly is time for lenders to consider how technology can improve this part of the mortgage process and reduce turn time. They had a young executive team who valued fresh ideas and were not afraid to train inexperienced novices like me.

Modernization 390

Modernization Inventory Tools Lending 390

Housing Wire

FEBRUARY 18, 2022

To some degree, appraiser capacity issues can be mitigated by modern appraisal products like desktop and hybrid appraisals. Since the 1930s, appraisers have largely been trained the same way — the supervisor/trainee mentorship model. On January 1, 2021, PAREA became approved as an alternative way of gaining experience.

Training 397

Training Valuation Appraisal Real Estate 397

Housing Wire

SEPTEMBER 23, 2021

The two are well acquainted – Clear Capital already utilized CubiCasa’s digital gross living area technology. The partnership will allow CubiCasa’s automated floor plan sketching technology to integrate with Clear Capital’s ClearInsight Platform, a mobile property data collection application. Presented by: Incenter.

Valuation 397

Valuation Technology Appraisal Modernization 397

Housing Wire

JULY 12, 2022

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. The State of Appraisals in 2022. Presented by: Reggora.

Appraisal 435

Appraisal Inspection Real Estate Agent Training 435

Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection.

Valuation 397

Valuation Inspection Training Appraisal 397

Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev. Clear Capital is a leading provider of hybrid appraisals for mortgage origination.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

Housing Wire

OCTOBER 17, 2023

He also often looks to the robust marketplace of technology tools available to help automate the mundane to ensure he stays focused on his skill set: delivering stellar customer service. What changes can you make to your day-to-day business practices, technology stack or marketing plan to help avoid these in the future?

Real Estate 468

Real Estate Brokerage Agents Technology 468

Clear Capital

FEBRUARY 2, 2022

Over the past few years, leading companies from across the industry have modernized and transformed how appraisals are manufactured to streamline the lending process and improve the borrower’s experience. Today’s Selling Guide update for 1004 Desktop appraisals signal the industry-wide adoption of modern appraisal methodologies.

Modernization 69

Modernization Appraisal Inspection Appraisal Process 69

Housing Wire

JUNE 11, 2024

He served as president of ICE Mortgage Technology for three years before leaving to become the CEO of Medallia , a customer and employee experience company. SW: What differentiates Optimal Blue’s technology? How has the mortgage technology landscape changed in just the last few years, especially with AI?

Technology 431

Technology Supply Chain Training Business 431

Housing Wire

JUNE 25, 2024

It wasn’t a job I was overly excited about, but I knew the training and field work would help round out my resume. Growth could provide us with new talent, economies of scale, and access to better technology. Do we beef up our support staff and technology in anticipation of growth or do we bootstrap our way to competence?

Technology 394

Technology Modernization Training Agents 394

Housing Wire

MARCH 23, 2021

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. HW: How and why has appraisal management technology evolved over the past year?

Appraisal 408

Appraisal Valuation Inspection Modernization 408

Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. In collaboration with its partners, Clear Capital seeks to reduce friction of transformation and enable the vendor ecosystem with unique technology, data and analytics solutions. March 1, 2022 —.

Modernization 68

Modernization Appraisal Valuation Technology 68