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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. Low transaction volumes may soon be a thing of the past.

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ClearValue teams with Restb.ai to bring computer vision to appraisal process

Housing Wire

The companies hope Restb.ai’s technology can help ClearValue’s appraisal review clients improve efficiency and quality control while also reducing costs. By integrating Restb.ai’s technology into Certainty, we are taking a leap forward in appraisal modernization. The firm has partnered with Restb.ai In August 2023, Restb.ai

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No undue risk! Freddie Mac’s Sonu Mittal on new buyback remedy, appraisal waiver extensions

Housing Wire

When asked about differing risk levels between purchase and refinance transactions, Mittal said that “it all depends on the overall characteristics of the loan,” meaning “collateral or appraisal value is only one variable within the whole equation.” billion in appraisal fees to date.

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Appraisal readiness steps highlight staff training and quality control 

Housing Wire

Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. The new rules apply to both appraisal waivers and inspection-based waivers , which leverage property data collected by a trained and vetted professional. is accurate and up to date.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec. Are borrower-assisted inspections here to stay? 31, 2021. “We 31, 2021 from Dec.

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Incenter Appraisal Management’s RemoteVal solution keeps appraisers in full control of the inspection

Housing Wire

The industry has a huge demand for appraisals but an ever-shrinking number of appraisers available to conduct them. Incenter Appraisal Management’s RemoteVal technology allows appraisers to cut out all physical travel and get more inspections done, in turn generating more orders per day that they can complete.