Housing Wire

FEBRUARY 9, 2023

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice , who created the two entities about 20 years ago. AEL’s education products, communication skills and conference management skills will “raise the bar” for both the conference and the newsletter, she added.

Valuation 370

Valuation Appraisal Training Real Estate 370

Appraisal Buzz

MAY 31, 2021

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. My Journey.

Valuation 370

Valuation Appraisal Real Estate Insurance 370

Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

Valuation 370

Valuation Technology Real Estate Appraisal 370

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. SingleSource has been providing valuation services nationwide since 2000 and nationwide field services and inspection services since 2006.

Valuation 426

Valuation Inspection Modernization Training 426

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 505

Appraisal Valuation Technology Training 505

Housing Wire

MARCH 26, 2024

The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic. But the company hasn’t admitted any fault.

Appraisal 459

Appraisal Reconsideration of Value Valuation Mortgage Appraisal 459

Housing Wire

MARCH 31, 2022

The new Federal Valuation Agency would be responsible for developing real estate valuation standards and appraiser criteria, a function the Appraisal Foundation currently performs. The draft bill also proposed an “Office of Fair Lending” within the new valuations agency, which would report to the head of the agency.

Appraisal 448

Appraisal Valuation Training Government 448

Housing Wire

OCTOBER 21, 2024

The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic.

Appraisal 511

Appraisal Reconsideration of Value Valuation Law 511

Housing Wire

MARCH 23, 2023

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S. FHFA, along with HUD, [the U.S. Department of Agriculture (USDA) and the U.S.

Appraisal 397

Appraisal Valuation Reconsideration of Value Training 397

Housing Wire

JULY 11, 2024

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. Advanced data collection: The future of appraisals Data collection is a cornerstone of Opteon’s strategy to revolutionize the valuation industry.

Lending 467

Lending Appraisal Appraisal Process Valuation 467

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 397

Valuation Modernization Technology Appraisal 397

Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

Appraisal 482

Appraisal Valuation Appraisal Process Technology 482

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. .

Training 397

Training Valuation Appraisal Real Estate 397

Housing Wire

DECEMBER 14, 2021

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. It’s unclear whether the inclusion of references to race in appraisal reports reveals bias in the valuation process or introduces it.

Appraisal 459

Appraisal Valuation Finance Training 459

Housing Wire

SEPTEMBER 13, 2023

It makes accessible information that used to be hard to obtain, such as the condition of the backyard, the proximity of a property to a loud road, train tracks, or a body of water as well as the occupancy status of a property. The tool can be paired up with other types of valuation metrics.

Tools 418

Tools Valuation Inspection Investors 418

Housing Wire

FEBRUARY 27, 2024

Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders. Its valuation solution, Appraisal Firewall X, connects mortgage lenders with vetted and trained property data collectors to deliver Fannie Mae’s Value acceptance + Property Data and hybrid appraisal solutions.

Tenants 444

Tenants Valuation Clients Training 444

Appraisal Buzz

MARCH 2, 2022

The Collateral Risk Network (CRN) announced today that Jeremy Staudenmaier, director of product management at ACI , a leading provider of workflow solutions for the valuation industry for nearly 40 years and a member of the First American family of companies, has been chosen as the CRN 2022 Valuation Visionary.

Valuation 195

Valuation Retail Finance Training 195

Housing Wire

MAY 25, 2021

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. Leveraging a network graph algorithm to select comparables the same way a trained local expert does is just one of the innovations driving CoreLogic’s new Total Home Value X AVM. .

Valuation 211

Valuation Training Home Value Appraisal 211

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.

Valuation 397

Valuation Technology Appraisal Modernization 397

Housing Wire

FEBRUARY 28, 2021

The company integrates with an existing brokerage website to provide homeowners with three valuations along with insight into the number of real estate buyer leads actively searching for a property just like theirs. These campaigns deliver monthly valuation changes, so the agent is top of mind for when the client needs professional services.

Real Estate 448

Real Estate Valuation Brokerage Clients 448

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

APRIL 29, 2024

The new interface is poised to streamline workflows, enhance efficiencies and simplify the training process for servicing team members. It also unveiled two new tools , Validate ROV and Validate Selector, that were added to its growing suite of property valuation solutions.

Mortgage 447

Mortgage Technology Training Valuation 447

Housing Wire

MARCH 5, 2021

In a panel entitled “ The Brave New World of Valuations ” at HousingWire’s Spring Summit on March 4, Tony Reese and William Fall – chief appraiser at RPM Appraisal Services and CEO of The William Fall Group , respectively – tackled these subjects.

Appraisal 459

Appraisal Valuation Training Technology 459

Appraiserblogs

MARCH 12, 2021

The most weighted technique in most automated valuation programs comes down to one over-simplified formula, based on a guesstimation from an outside source that has no interest in the real estate system… Dear FHFA: Please accept the following comments in regard to Question A1.4. Thank you for taking the time to review these thoughts.

Training 147

Training Valuation Appraisal Process Appraisal 147

Housing Wire

JULY 10, 2024

What training and development initiatives have proven most effective? Here at Acra, we believe that a well-trained and cohesive team is essential for handling the intricacies of Non-QM lending. Recent innovations include the implementation of TPO portals, warehouse management services, valuation analytics, and AI-driven workflows.

Lending 443

Lending Technology Training Investing 443

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: What are some of the risks and benefits of non-traditional appraisal methodologies?

Appraisal 416

Appraisal Valuation Inspection Modernization 416

Appraisal Buzz

MAY 1, 2024

In this week’s episode, host Hal Humphreys talks with Kevin Hecht, Appraisal Training and Development Manager and Real Estate Economist for McKissock. Kevin Hecht is teaching the 7-Hour USPAP Update course at Valuation Expo on Monday, August 19th, and will be presenting on the Supporting Adjustments panel on Wednesday, August 21st.

Real Estate 351

Real Estate Marketing Training Valuation 351

Housing Wire

AUGUST 31, 2023

Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics. A trained and vetted third party can perform the data collection. More recently, Fannie Mae launched a similar solution. But you already know this.

Modernization 418

Modernization Appraisal Inspection Valuation 418

Housing Wire

NOVEMBER 12, 2021

Petersburg, Florida, and head of NAR’s Real Property Valuation Committee, pointed specifically to the apprentice training requirement – no comparable requirement exists for real estate agents – as the reason no one is joining a depleted profession in the crosshairs for allegedly racially biased appraisals.

Real Estate Agent 397

Real Estate Agent Real Estate Valuation Appraisal 397

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.

Technology 418

Technology Appraisal Valuation Supply Chain 418

Housing Wire

OCTOBER 1, 2022

Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools. Survey respondents were most comfortable with desktop appraisals and least comfortable with automated valuation models (AVMs).

Appraisal 418

Appraisal Real Estate Agent Valuation Training 418

Housing Wire

JULY 3, 2024

For instance, we started working with machine learning for automated valuation models back in 2017. Like any powerful tool, it is essential to install proper fundamentals such as training, testing, accountability and continuous improvement before implementing. Then ChatGPT came on the scene. But herein lies that problem.

Training 434

Training Tools Lending Valuation 434

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.

Valuation 368

Valuation Renovations Technology Appraisal 368

Appraisal Buzz

MAY 6, 2024

Today, we are announcing a new step in our work to root out racial and ethnic bias in home valuations, which will give borrowers greater ability to have their home valuation reconsidered.”

Reconsideration of Value 150

Reconsideration of Value Valuation Appraisal Appraisal Process 150

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.

Real Estate Agent 448

Real Estate Agent Real Estate Tools Agents 448

Housing Wire

DECEMBER 6, 2023

Its tiered packages include features like an AI-powered smart CRM, automated marketing tools, comprehensive listing management and training resources for real estate professionals. It’s an ideal solution for those seeking AI-powered valuation and brokerage services in the residential real estate sector.

Real Estate 448

Real Estate Agents Real Estate Agent Tools 448

Housing Wire

JUNE 14, 2021

It acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction in July 2020, and after remote online notarizations began picking up steam during the pandemic, DocMagic and Secure Insight announced in March the launch of a RON joint training program.

Technology 418

Technology Supply Chain Training Valuation 418