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Data valuation transformed: How AVMs can power property valuations for home equity lending

Housing Wire

Lenders can tap into this trillion-dollar market by incorporating automated valuation models (AVMs) and digital property condition reports (PCRs) into their collateral valuation workflows. One of the highest home equity origination costs accumulated is for property valuations.

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Class Valuation acquires AMC Valuation Connect

Housing Wire

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Class Valuation has been on an acquisition spree. Class Valuation has been on an acquisition spree.

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ICE unveils two new property valuation solutions

Housing Wire

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

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The Evolution of Valuation Tech: What’s New and What’s Next

Appraisal Buzz

Jeff has been an integral part of the valuation industry for a while, and he gets us up to speed on what his experience has involved. There have been a lot of new changes coming to the valuation space. The post The Evolution of Valuation Tech: What’s New and What’s Next appeared first on Appraisal Buzz.

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Revolutionizing Appraisals: The Role of Blockchain Technology

Appraisal Buzz

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope.

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Revive makes property valuation tool available to consumers

Housing Wire

Presale renovation firm Revive has made its artificial intelligence -powered property valuation tool available to everyone, according to an announcement on Thursday. Previously, the Revive Vision AI platform was only available to registered real estate agents.

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Valligent integrates with Encompass by ICE Mortgage Technology

Housing Wire

Apprasial management company Valligent , which was recently acquired by enterprise risk management and collateral valuation services provider VerosTM , announced today that it has integrated with the ICE Mortgage Technology platform Encompass. This content was generated using AI and was edited by HousingWire’s editors.