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HomeAppraisal

Appraisal

Housing Wire

Appraisal Insights firm launches to help combat bias in appraisals

June 23, 2023 Mark Paul Cervantes Comments Off on Appraisal Insights firm launches to help combat bias in appraisals

Appraisal Insights, an appraisal education company committed to eradicating bias, announced its official launch this week. The goal is to quip key stakeholders and decision-makers in the housing industry with the knowledge necessary for preventing […]

Housing Wire

How data and technology can combat appraisal bias

May 24, 2023 Mark Paul Cervantes Comments Off on How data and technology can combat appraisal bias

In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. According to many reports, it’s been an issue for a long time, but […]

Housing Wire

Clear Capital launches UDC to support appraisal modernization

March 3, 2023 Mark Paul Cervantes Comments Off on Clear Capital launches UDC to support appraisal modernization

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according […]

Housing Bubble

Opteon Announces Expanded Consumer Appraisal Offerings

March 1, 2023 Mark Paul Cervantes Comments Off on Opteon Announces Expanded Consumer Appraisal Offerings

Opteon, an international provider of valuation, advisory, and property services, has announced the expansion of its direct-to-consumer business model. This expansion will provide homeowners and buyers, as well as real estate, legal, and tax professionals, […]

Housing Wire

Opteon expands its direct-to-consumer appraisal offerings

March 1, 2023 Mark Paul Cervantes Comments Off on Opteon expands its direct-to-consumer appraisal offerings

Opteon, a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. The goal of the expansion is to provide homeowners and buyers, along with […]

Housing Wire

Progress now or perfect later: Improving the appraisal process

February 24, 2023 Mark Paul Cervantes Comments Off on Progress now or perfect later: Improving the appraisal process

Have you heard this phrase before — “perfect is the enemy of good”? Or “perfect is the enemy of done”? I hear these phrases quite often when it comes to product and software development, but […]

Housing Wire

Joan Trice sells Valuation Expo and Appraisal Buzz newsletter

February 9, 2023 Mariel Alumit Comments Off on Joan Trice sells Valuation Expo and Appraisal Buzz newsletter

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice, who created the two entities about 20 years ago. The staff of both appraisal conference Valuation Expo and the newsletter […]

appraisal
Housing Wire

To root out appraisal bias, dismantle the system?

January 25, 2023 Allen Santos Comments Off on To root out appraisal bias, dismantle the system?

To root out racial bias in the U.S. appraisal system, some experts say there’s no point in nibbling at the edges. Instead, they suggest tearing the system down and starting fresh. “I think not many […]

Housing Wire

Overcoming 2023’s biggest appraisal challenges

January 19, 2023 Allen Santos Comments Off on Overcoming 2023’s biggest appraisal challenges

From an appraiser shortage to turn-time challenges amid record-breaking volumes, the past few years have been a whirlwind for the appraisal industry. HousingWire recently sat down with Jaro Managing Director Gareth Borcherds to learn what […]

appraisal
Housing Wire

Best practices to speed up the appraisal process

December 9, 2022 Mariel Alumit Comments Off on Best practices to speed up the appraisal process

Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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