Items Tagged with 'Valuation'

ARTICLES

  • Expert: AVMs will soon represent 70% of valuations

    Represent a viable option for much of the current origination volume
    Automated valuation models often come under special scrutiny as mortgage experts seek to increase technology in the industry while warding off the possibility of another housing crisis, but one expert explained why AVMs could work in today’s mortgage lending environment.
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  • Former Accenture exec invests in Class Valuation as CEO

    Mike Detwiler looks to accelerate appraisal and valuation turn-times to 24 hours
    HousingWire sat down with Mike Detwiler to discuss his decision to leave Accenture and invest in Class Valuation. The company focuses on Thoughtful Change initiatives which requires coordination and buy-in from lenders, appraisers, service providers like Class, and the GSEs to bring about true modernization.
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  • CBRE grows valuation business by acquiring Florida Valuation Group

    Commercial real estate appraisal firm joining CBRE
    CBRE is growing its commercial real estate valuation business, as the company announced this week that it acquired Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support for eminent domain proceedings in Florida and the Southeast.
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  • Class Valuation invests in tech company InsideMaps to bring digital imaging to appraisals

    Part of effort to “modernize” appraisal process
    Class Valuation, a growing appraisal management company that recently changed its name from Class Appraisal, is investing in a tech company called InsideMaps to bring digital imaging and 3D mapping to the home appraisal process. According to the companies, Class Valuation made an equity investment in InsideMaps, which has developed technology to generate 3D tours and models of both the interior and exterior of homes while also creating a detailed data set about the home itself.
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  • Appraisal tech startup Reggora raises $3 million in seed funding

    Claims it can “streamline the appraisal process”
    Reggora, a Boston-based startup that claims its software can “streamline the appraisal process,” now has $3 million in its coffers to help grow it business. According to the company, its software “condenses and streamlines appraisals by automating traditionally manual processes such as finding appraisers, scheduling appraisal inspections and reviewing the final appraisal product.”
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  • CoreLogic shifts focus to appraisals, moves away from loan origination software

    Moves to accelerate appraisal management company “transformation”
    In the last few years, CoreLogic has significantly grown its valuations business through a series of acquisitions, including a la mode, Mercury Network, LandSafe Appraisal Services, FNC, and RELS. And now, the company is sharpening its focus on appraisals and moving away from other “non-core” parts of the company.
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  • Radian grows valuations business by acquiring Independent Settlement Services

    Independent Settlement Services will eventually be rebranded
    Radian Group is growing its valuations business, as the company announced Wednesday that it acquired Independent Settlement Services, a national appraisal and title management services company. According to Radian, the acquisition is “consistent with Radian’s growth and diversification strategy,” and the company’s focus on the product offerings of its title, mortgage and real estate services businesses.
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  • Appraisers accuse federal regulators of recreating housing crisis conditions

    Appraisal Institute blasts proposal to eliminate appraisal requirement on certain home sales
    As one might expect, appraisers are none too pleased about the FDIC, the OCC, and the Federal Reserve proposing to eliminate the appraisal requirement on certain home sales of $400,000 and below. According to Appraisal Institute President James Murrett, the newly proposed rules would add significantly more danger to the lending environment and harken back to the way things were just before the financial crisis.
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