Valuations

Triserv Can Now Manage Appraisal Orders from ClosingCorp

ClosingCorp says Triserv, a national appraisal management company (AMC), is now able to receive and manage appraisal orders via the ClosingCorp Order Management platform. The integration will provide ClosingCorp lender clients with more options to direct business to their preferred AMCs, order appraisal products in all 50 states, and receive automatic status updates. Direct ordering and verification of payment information …

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FHFA Seeks Feedback on How to Modernize the GSEs’ Appraisal-Related Policies

The Federal Housing Finance Agency (FHFA) is seeking feedback on how best to modernize Fannie Mae and Freddie Mac’s appraisal-related policies. The pandemic and social distancing mandates have created increased pressure on the industry make greater use automation and data in the appraisal process. That means increased use of AVMs and exploration of contactless alternatives such as allowing homeowner-provided images …

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Evolve Mortgage Services Buys Appraisal Technology Platform

Evolve Mortgage Services, a provider of outsourced mortgage solutions, has acquired the appraisal platform assets of Veptas Technology Solutions Inc., for an undisclosed sum. The acquisition will help Evolve offset the severe shortage of mortgage underwriters that has been created by the current refinance cycle, the company says in a release. The Veptas platform streamlines appraisal ordering and enables home …

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Home Buyers, Sellers Open to Using Self-Serve Technology for Home Inspection Process

More than one-third of consumers who recently bought, sold or refinanced their homes expressed a willingness to use self-serve technology in the home inspection process, with most saying they believed it would be faster, according to a national consumer survey commissioned by ServiceLink. The appraisal and closing report, released today, found that consumers, although mostly satisfied with the traditional appraisal process, believe …

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Appraisals at a Distance

As current and potential homeowners continue to move forward with buying, selling and refinancing properties, it’s important that valuations are done both accurately and safely.   The post Appraisals at a Distance appeared first on DSNews.

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