Housing Wire

MAY 20, 2021

Inaccurate appraisals and valuations can impact the type of mortgage financing a potential buyer receives, whether a seller commands a fair value when selling their home, or whether a homeowner has opportunities to tap into home equity. So, what can be done to mitigate bias and inequality in the valuation process?

Appraisal 490

Appraisal Valuation Technology Training 490

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.

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Valuation Modernization Technology Appraisal 341

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.

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Valuation Inspection Modernization Training 321

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. The changes will impact just about everything and everyone in the collateral valuation space.

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Modernization Appraisal HOA Valuation 226

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. We specialize in real estate valuations for the mortgage lending and financial services industries.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

SEPTEMBER 23, 2021

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. How do remote valuation solutions benefit appraisers? Class Valuation also has digital floor plan capabilities.

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Valuation Technology Appraisal Modernization 362

Housing Wire

FEBRUARY 18, 2022

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. At Clear Capital, Brenan oversees the quality of the company’s appraisal and valuation products and implements changes to continually evolve the program. .

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Training Valuation Appraisal Real Estate 359

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. appraisers say they are male, 1.3%

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Appraisal Modernization Government Valuation 353

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 does ValueLink technology modernize the appraisal practices?

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Appraisal Valuation Inspection Modernization 324

Appraisal Buzz

JULY 8, 2024

We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection). There are also the economics of training new appraisers and the numerous and disparate state laws and lender prohibitions. Some of these have been around for many years.

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Modernization Inspection Appraisal Technology 367

Housing Wire

APRIL 20, 2021

.” From the Mortgage Bankers Association (MBA): “While MBA supports the ongoing development of such tools, MBA also acknowledges the need for appraisers and lenders to provide some level of oversight and due diligence to preserve the overall quality of the data referenced in future valuations. The axe can do nothing on its own.

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Technology Appraisal Valuation Lending 415

Housing Wire

JULY 12, 2022

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. The State of Appraisals in 2022.

Appraisal 432

Appraisal Inspection Real Estate Agent Training 432

Appraisal Buzz

OCTOBER 14, 2024

According to Epoch research , “Since 2010, the amount of training computed for machine learning models has grown by a factor of 10 billion, significantly exceeding a naive extrapolation of Moore’s Law.” They also are using computer vision to validate third-party valuations prepared by appraisal management companies.

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Valuation Technology Renovations Appraisal 368

Appraisal Buzz

DECEMBER 11, 2024

His passion for training and empowering the next generation of appraisers. The post The Giant Appraiser: On Tech, Training, and Social Media appeared first on Appraisal Buzz. Listen in as Tony discusses: The lessons hes learned firsthand from marketing online. Actionable tips for anyone hesitant to dive into social media marketing.

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Training Appraisal Technology Business 195

Appraisal Buzz

APRIL 8, 2024

As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Lack of Transparency: Traditional appraisal methods often lack a clear audit trail, making it difficult to trace back decisions or valuations.

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Technology Appraisal Valuation Supply Chain 418

Housing Wire

APRIL 30, 2022

ClearInsight and CubiCasa have revolutionized property data collection for remote valuations — state-credentialed appraisers and trained property data collectors can capture the detailed property data needed for a desktop appraisal using just a mobile phone. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor.

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Appraisal Valuation Technology Real Estate 331

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.

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Appraisal Modernization Appraisal Process Technology 301

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In the traditional appraisal model, we ask appraisers to perform every single component of the valuation process. Delegating onsite data collection.

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Appraisal Valuation Real Estate Modernization 313

Appraiserblogs

MARCH 8, 2023

Appraisers, something – comparing and contrasting – dawned on me last week, after reading another news release titled “Dean Kelker: Appraisal Modernization is Starting to Gain Momentum“, which is basically pushing an “Enterprise” singular ‘agenda’ of valuation speed regardless of accuracy. Under the banner of “modernization.”

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Modernization Inspection Training Valuation 113

Housing Wire

MARCH 13, 2024

Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you. Visit Tidio Property valuation and market analysis AI-supported property valuation and market analysis tools give real estate agents a decisive edge in quickly and accurately determining property values and understanding market trends.

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Real Estate Agent Real Estate Tools Agents 386

Appraisal Buzz

JANUARY 13, 2025

While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process.

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Real Estate Appraisal Appraisal Process Reconsideration of Value 352

Housing Wire

JULY 12, 2022

HousingWire sat down with Bell to learn about how the VA is working to revamp the image of the loans it offers, how it plans to modernize its appraisal processes, how it coordinates with other agencies, and whether its COVID-19 partial claim program will get an extension. JB: We just approved a brand new training department for VA.

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Modernization Appraisal Process Appraisal Training 336

Housing Wire

JUNE 28, 2021

But they did not become key players in the home valuation industry until the recent housing bubble.”. The outcome was a settlement, the Home Valuation Code of Conduct, or, as appraisers swiftly dubbed it, havoc. That’s at least what the AMC trade group, the Real Estate Valuation Advocacy Association , contends.

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Appraisal Valuation Business Contracts 427

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.”

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Appraisal Training Agents Clients 363

Appraisal Partners Blog

JANUARY 12, 2025

From digital data collection to sophisticated analytical software, technology is reshaping how appraisals are conducted, impacting both the speed and accuracy of valuations. Its important to understand how technology is impacting the industry, and to see how its creating a more efficient and accurate valuation process.

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Modernization Technology Appraisal Valuation 78

Housing Wire

FEBRUARY 8, 2022

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. It also pointed out potential pitfalls of a non-traditional approach.

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Appraisal Appraisal Process Valuation Renovations 363

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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Valuation Property Appraisal Training Appraisal 91

Clear Capital

JUNE 28, 2022

Reno, NV — June 28, 2022 — Clear Capital , a national real estate valuation technology company, today announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API.

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Valuation Modernization Real Estate Investors 64

Appraisal Buzz

AUGUST 2, 2021

Make sure you take a look at our schedule for Valuation Expo – we’ve included a code for $100 off of any Valuation Expo Pass! Find out first-hand from Jillian White, Chief Valuation Officer of Better and appraiser, as she talks about her varying viewpoints as a lender, appraiser, and homeowner as it relates to racial bias.

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Appraisal Chief Valuation Officer Valuation Training 195

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Additionally, the need for technology upgrades and training to adapt to these new systems poses a challenge, especially for smaller firms or individual appraisers.

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Appraisal Design Lending Technology 397

Housing Wire

SEPTEMBER 10, 2024

SEO capabilities are solid, and the platform is mainly known for its sleek and modern design options. The platform now boasts a wide variety of website templates and features to satisfy agents at any level of their career.

Real Estate Agent 368

Real Estate Agent Real Estate Brokerage Agents 368

Appraisal Buzz

AUGUST 12, 2024

Robust support and training are quintessential for a smooth transition to the new UAD standards. Appraisers must ensure their chosen software provider offers comprehensive training programs and reliable customer support to navigate any challenges during the implementation phase.

Appraisal 370

Appraisal Inspection Lending Training 370

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. For borrowers, this modernization can provide upfront value certainty and reduced costs for eligible loans.

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Modernization Appraisal Valuation Real Estate 62

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.

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Modernization Appraisal Valuation Real Estate 69

Clear Capital

AUGUST 24, 2022

Now you can order BPOs through your system utilizing Property Valuation API — Clear Capital’s all-in-one valuation suite — and receive the BPO results as data and/or an easy-to-read pdf report. And with Property Valuation API, you can easily initiate a hold, cancel, or request a revision effortlessly if something changes.

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Valuation Real Estate Modernization Training 62

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.

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Modernization Appraisal Inspection Appraisal Process 69

Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. What that means for Clear Capital is offering solutions that are battle tested to a wider group of industry players, including other valuation companies, because we trust in the benefits of the larger mission and its positive impact on homeowners.” .

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Modernization Appraisal Valuation Technology 65